About Neuron Energy
Neuron Energy is a Transportation, Automotive & Logistics company based in Mumbai (India) founded in 2018 by Pratik Kamdar and Raj Shah. It operates as a manufacturer of lithium-ion batteries for electric vehicles and energy storage. It operates in the Transportation, Automotive & Logistics and Energy & Utilities sectors. Neuron Energy has raised $9 million across 4 funding rounds from investors including Equanimity Investments, Capri Family Office and Chona Family Office. The company has 55 employees. Neuron Energy was last valued at $7.37 million in May 2023. Its chief executive is Pratik Kamdar. Its Indian entity Neuron Energy Private Limited reported revenue of ₹107 Cr. Its focus areas include Energy Tech, Energy Storage Tech, Battery and Secondary Battery. Its competitors include Microvast, Contemporary Amperex Technology, Forsee Power, A123 Systems and Exponent Energy and 2 more; 6 of its 7 listed competitors have raised funding.
Company details
Founded in 2018 and based in Mumbai, India, lithium-ion batteries are produced by the company for electric vehicles, including two- and three-wheeled models, as well as light commercial vehicles. Energy storage systems are developed for solar and backup power applications. Custom battery packs are offered for industrial and renewable energy uses within the energy sector.
- Headquarters Mumbai, India
- Employees 55
- Founders Pratik Kamdar, Raj Shah
- Stage Minicorn
- SectorsTransportation, Automotive & LogisticsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website neuronenergy.in
- Social LinkedIn Facebook
- Legal Name Neuron Energy Private Limited
- Date of Incorporation 05 Aug, 2022
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹107 Cr
FY 2025
- Net Profit₹71.4 Lakh
FY 2025 · 1% margin
- EBITDA₹5.58 Cr
FY 2025 · 5% margin
- Total Equity Funding$9M (USD)
in 4 rounds
- Latest Funding Round$3.5M (USD), Series A
Nov 2025
- InvestorsEquanimity Investments
& 9 more
- Employee Count55
Associated legal entities of Neuron Energy
Neuron Energy operates through Neuron Energy Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Neuron Energy Private Limited CIN U31909MH2022PTC388295 | Active | 05 Aug 2022 | Mumbai, Maharashtra | ₹107 Cr | 88 | 2 | View details |
Funding Insights of Neuron Energy
Neuron Energy has successfully raised a total of $9M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $3.5 million completed in November 2025. 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 $9M
- Total Rounds 4
- Last Round Series A — $3.5M
- First Round $2.42M
(May 2023)
- Investors Count 10
All 4 funding rounds of Neuron Energy with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2025 | $3.5M | Series A | – | Equanimity Investments | |
| Jun 2025 | $695,478 | Series A | – | Equanimity Investments | |
| Aug 2024 | $2.38M | Series A | – | Capri Family Office, Chona Family Office | – |
| May 2023 | $2.42M | Seed | $7.37M | Equanimity Investments, Rajiv Dadlani Group |
| Date | Valuation | Stage |
|---|---|---|
| May 2023 | $7.37M | •••••••• |
Last known valuation $7.37M (May 2023). 10 investors in total: 6 institutional and 4 angel.
Investors in Neuron Energy
Neuron Energy has secured backing from 10 investors, including venture fund and angel investors. Prominent investors backing the company include Equanimity Investments, Capri Family Office and Chona Family Office.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Single family office investments in private equity are managed. | – | chonafamilyoffice.com | Mumbai, India | |
Venture capital investments in early-stage Indian startups focusing on technology and innovation. | 2017 | equanimityinvestments.com | Mumbai, India | |
Series A investments are managed by this venture capital firm. | – | rajivdadlanigroup.tcc.mode | - | |
Seed-stage investments are targeted by Kayenne Ventures. | – | kayenneventures.tcc.mode | Singapore, Singapore | |
Single family office services are provided for Nisa Godrej. | – | nisafamilytrust.tcc.mode | Ahmedabad, India | |
BR Bhavana Rajiv Dadlani | - | – | unknown_e3a1689eb5934f758 | - |
RS Riddhi Shah | - | – | unknown_4b444ed9bf8a46f78 | - |
VM Viraj Mahadevia | - | – | unknown_7b38a8d25c0648c58 | - |
RI Rajiv Indur Dadlani | - | – | unknown_1eeef5d585884deab | - |
Offers customized financial planning, portfolio management, and risk advisory for clients. | 2018 | capribr.com | - |
Investor details for Neuron Energy
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Board of directors of Neuron Energy Private Limited (Neuron Energy)
Neuron Energy Private Limited is the primary company behind Neuron Energy. The board of Neuron Energy Private Limited currently have 2 directors; the longest-serving is Pratik Rajesh Kamdar, appointed in 2022.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Pratik Rajesh Kamdar DIN 09697880 | Director | 05 Aug 2022 | 4 yrs 2 mo | Neuron Energy Private Limited |
| Raj Kamlesh Shah DIN 03227749 | Director | 05 Aug 2022 | 4 yrs 2 mo | Neuron Energy Private Limited |
People of Neuron Energy
2 people are tracked at Neuron Energy (2 in leadership); the tracked headcount is 55.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for Neuron Energy
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Financials of Neuron Energy
Figures of Neuron Energy Private Limited, the primary company behind Neuron Energy, for FY 2025. Revenue was ₹107 Cr. Net profit was ₹71.4 Lakh (1% margin). EBITDA was ₹5.58 Cr (5% margin).
- ₹107 CrRevenue · FY 2025
- ₹71.4 LakhNet profit · 1% margin
- ₹5.58 CrEBITDA · 5% margin
- ₹2.1 LakhPaid-up capital
- 88Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Neuron Energy Private Limited are on its company page.
Detailed financial statements for Neuron Energy
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Neuron Energy
4 dated milestones of Neuron Energy across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Neuron Energy is founded.
- Funding First funding round of $2.4M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $3.5M.
Competitors of Neuron Energy
Neuron Energy has 7 listed competitors in our database, 6 of them funded. They include Microvast, Contemporary Amperex Technology, Forsee Power, A123 Systems and Exponent Energy, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| microvast.com | 2006 | Stafford, United States | $430M | 2,006 | Lithium-ion batteries for multi-category electric vehicles are developed. | |
| catl.com | 2011 | Ningde, China | – | – | Comprehensive solutions for electric vehicles and energy storage are provided. | |
| forseepower.com | 2011 | Paris, France | $143.39M | 284 | Lithium battery systems for electric vehicles and gadgets are manufactured. | |
| a123systems.com | 2001 | Hangzhou, China | $201.26M | 886 | Lithium-ion batteries for automotive and industrial uses are manufactured. | |
| exponent.energy | 2020 | Bengaluru, India | $47.2M | 222 | Rapid-charging technology for electric vehicles is developed and scaled. | |
| solidpowerbattery.com | 2011 | Louisville, United States | $182.02M | 270 | Solid-state lithium-ion batteries are developed with solid electrolyte layers. | |
| store-dot.com | 2012 | Herzliya, Israel | $226M | – | Fast-charging lithium batteries for electric vehicles are developed and manufactured. |
Detailed competitors of Neuron Energy
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of Neuron Energy
The website of Neuron Energy (neuronenergy.in) receives about 3.4K visits a month.
- Monthly visits3.4K
▲ 20.7% vs previous month
Top companies in Electric & Green Mobility
10 companies that operate in the same segment as Neuron Energy (Electric & Green Mobility), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric kick-scooters are rented through an app-based platform. | 2017 | Miami, Florida, United States | USD 765 M | USD 244.66 M | 953 | |
Electric kick-scooters are rented through an app-based platform. | 2017 | San Francisco, California, United States | USD 1.4 B | – | 2,813 | |
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M | – | – | |
Shared electric two-wheelers are rented via an online platform. | 2017 | Bengaluru, Karnataka, India | USD 187.54 M | USD 2.14 M | 251 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.02 M | USD 391.37 M | 1,917 | |
App-based platform offering electric kick scooter rental services | 2018 | Amsterdam, Netherlands | USD 211.85 M | – | – | |
Utility bill management platform is provided for tracking and billing. | 2015 | London, England, United Kingdom | USD 2.81 B | USD 17.62 K | 5,752 | |
Electric vehicles are manufactured and developed by Polestar. | 1996 | Goteborg, Vastra Gotaland, Sweden | USD 550 M | USD 3.06 B | 2,550 | |
Electric buses and charging systems are manufactured for fleets. | 2004 | Burlingame, California, United States | USD 857.79 M | USD 309.36 M | 418 | |
Multi-category electric vehicles are manufactured for diverse applications. | 1999 | Bedford, United States | USD 101.78 M | – | – |
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Frequently Asked Questions about Neuron Energy
Neuron Energy was founded in 2018 and raised its 1st funding round 5 years after it was founded.
Neuron Energy is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Pratik Kamdar is the current CEO of Neuron Energy. They have also founded this company.
Neuron Energy is a funded company, having raised a total of $9M across 4 funding rounds to date. The company's 1st funding round was a Seed of $2.42M, raised on May 2023.
Neuron Energy has 55 employees.
The primary company behind Neuron Energy, Neuron Energy Private Limited, reported revenue of ₹107 Cr for FY 2025.
Founded in 2018 and based in Mumbai, India, lithium-ion batteries are produced by the company for electric vehicles, including two- and three-wheeled models, as well as light commercial vehicles. Energy storage systems are developed for solar and backup power applications. Custom battery packs are offered for industrial and renewable energy uses within the energy sector.
Neuron Energy's top competitors include Microvast, Solid Power and Exponent Energy.
Neuron Energy has 10 investors. Key investors include Equanimity Investments, Capri Family Office, Chona Family Office, Rajiv Dadlani Group, and Kayenne Ventures.
The valuation of Neuron Energy is $7.37M as of May 2023.
Neuron Energy operates through Neuron Energy Private Limited.
The legal entities of Neuron Energy currently have 2 directors, including Pratik Rajesh Kamdar, Raj Kamlesh Shah.