About Log9
Log9 is a company based in Bengaluru (India) founded in 2015 by Kartik Singhal, Pankaj Sharma, Shalini Singhal, Vijayesh Kumar, and Akshay V Singhal.. Log9 has raised $90.48 million across 16 funding rounds from investors including InCred, Angel List and Oxyzo. Log9 offers products and services including Amphion and Innohub. Log9 operates in a competitive market with competitors including Microvast, A123 Systems, Exponent Energy, Corvus Energy and StoreDot, among others.
- Headquarter Bengaluru, India
- Founders Kartik Singhal, Pankaj Sharma, Shalini Singhal, Vijayesh Kumar, Akshay V Singhal
- Stage Minicorn
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Sectors
Transportation, Automotive & LogisticsEnergy & Utilities
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$90.48 M (USD)
in 16 rounds
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Latest Funding Round
$494.7 K (USD), Angel Round
May 10, 2024
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Investors
InCred
& 70 more
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Employee Count
Employee Count
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Products & Services of Log9
Log9 offers a comprehensive portfolio of products and services, including Amphion and Innohub. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides energy storage for residential and industrial applications
Supports development of energy technologies and solutions
Funding Insights of Log9
Log9 has successfully raised a total of $90.48M across 16 strategic funding rounds. The most recent funding activity was a Angel Round round of $494.7 thousand completed in May 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 16
- Last Round Angel Round — $494,700
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First Round
First Round
(22 Jul 2016)
- Investors Count 71
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2024 | Amount | Angel Round - Log9 | Valuation | Kasturilal Kundanlal Wasan , Sachit Passi |
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| Oct, 2023 | Amount | Series B - Log9 | Valuation |
investors |
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| Jan, 2023 | Amount | Series B - Log9 | Valuation | PETRONAS , Amara Raja Energy & Mobility |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Log9
Log9 has secured backing from 71 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include InCred, Angel List and Oxyzo. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Sector-agnostic accelerator focused on startups
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Founded Year | Domain | Location | |
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Investment in tech startups focusing on innovation and emerging trends in India.
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Founded Year | Domain | Location | |
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Early-stage venture capital firm investing in B2B technology solutions in the US and Israel.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Log9
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Log9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Log9 Comparisons
Competitors of Log9
Log9 operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Microvast, A123 Systems, Exponent Energy, Corvus Energy and StoreDot, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Lithium-ion batteries for multi-category electric vehicles are developed.
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| domain | founded_year | HQ Location |
Lithium-ion batteries for automotive and industrial uses are manufactured.
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| domain | founded_year | HQ Location |
Rapid-charging technology for electric vehicles is developed and scaled.
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| domain | founded_year | HQ Location |
Developer of energy storage systems (ESS) based on lithium NMC technology
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| domain | founded_year | HQ Location |
Fast-charging lithium batteries for electric vehicles are developed and manufactured.
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| domain | founded_year | HQ Location |
Lithium-ion batteries are manufactured for electric vehicles and storage.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Log9
Frequently Asked Questions about Log9
When was Log9 founded?
Log9 was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Log9 located?
Log9 is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Log9?
Akshay V Singhal is the current CEO of Log9. They have also founded this company.
Is Log9 a funded company?
Log9 is a funded company, having raised a total of $90.48M across 16 funding rounds to date. The company's 1st funding round was a Series B of $40M, raised on Jul 22, 2016.
What does Log9 do?
Log9 was established in 2015 in Bengaluru, India, within the energy storage sector. Batteries tailored for residential, commercial, and industrial uses are engineered by the company to withstand challenging environmental conditions. Emphasis is placed on durable and dependable energy solutions. Operations center on innovation in battery materials and storage systems to support diverse applications.
Who are the top competitors of Log9?
Log9's top competitors include Microvast, Exponent Energy and StoreDot.
What products or services does Log9 offer?
Log9 offers Amphion and Innohub.
Who are Log9's investors?
Log9 has 71 investors. Key investors include InCred, Angel List, Oxyzo, Amara Raja Group, and cKers Finance.
What is Log9's valuation?
The valuation of Log9 is $227.34M as of May 2024.