About Yuma Energy
Yuma Energy is an Energy & Utilities company based in India. Yuma Energy is recognized as Indias leading Battery-as-a-Service provider. It operates on a Battery-as-a-Service and Mobility-as-a-Service model. Yuma Energy has raised $35 million across 1 funding round from investors including Magna International. Yuma Energy has completed 1 acquisition, including Grinntech Motors & Services. Its Indian entity Magna Yuma Private Limited reported revenue of ₹97.91 Cr. Yuma Energy offers products and services including Battery-as-a-Service and Charging Units. Its focus areas include Energy, Renewable Energy and Electric Vehicle Infrastructure. Its competitors include SUN Mobility, Battery Smart and Batterypool; 3 of its 3 listed competitors have raised funding.
Company details
Yuma Energy is established as Indias foremost Battery-as-a-Service company, focusing on sustainable urban mobility through an advanced battery-swapping ecosystem. The company operates in the renewable energy sector, specifically targeting electric vehicle infrastructure. Solutions are provided to eliminate range anxiety, reduce operating costs, and ensure accessible, affordable energy. A dense network of smart battery swap stations and AI-driven technology is utilized to support seamless operations for two- and three-wheeler manufacturers and other partners in the EV ecosystem.
- Headquarters India
- SectorsEnergy & Utilities
- Website yuma.energy
- Social LinkedIn X
- Legal Name Magna Yuma Private Limited
- Date of Incorporation 18 Feb, 2022
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹97.91 Cr
FY 2025
- Net Loss-₹4.30 Cr
FY 2025 · -45% margin
- EBITDA-₹2.31 Cr
FY 2025 · -24% margin
- Total Equity Funding$35M (USD)
in 1 rounds
- Latest Funding Round$35M (USD), Series A
Sep 2026
- Investors
- Investments & Acquisitions
Associated legal entities of Yuma Energy
Yuma Energy operates through Magna Yuma 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 |
|---|---|---|---|---|---|---|---|
| Magna Yuma Private Limited CIN U74996KA2022PTC158091 | Active | 18 Feb 2022 | Bangalore, Karnataka | ₹97.9 Cr | 189 | 5 | View details |
Products & Services of Yuma Energy
Yuma Energy offers a comprehensive portfolio of products and services, including Battery-as-a-Service and Charging Units.
Battery swapping service is provided for electric vehicles.
Charging units are offered for electric vehicle support.
Funding Insights of Yuma Energy
Yuma Energy has successfully raised a total of $35M through 1 strategic funding round. The most recent funding activity was a Series A round of $35 million completed in September 2026. 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 $35M
- Total Rounds 1
- Last Round Series A — $35M
- First Round $35M
(Sep 2026)
- Investors Count 1
All 1 funding rounds of Yuma 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 |
|---|---|---|---|---|---|
| Sep 2026 | $35M | Series A | – | Magna | – |
1 investors in total: 1 institutional.
Investors in Yuma Energy
Yuma Energy has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Magna International.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| magna.com |
Investor details for Yuma Energy
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Magna Yuma Private Limited (Yuma Energy)
Magna Yuma Private Limited is the primary company behind Yuma Energy. The board of Magna Yuma Private Limited currently have 4 directors; the longest-serving is Matteo Del Sorbo, appointed in 2022. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Matteo Del Sorbo DIN 09683937 | Director | 19 Sep 2022 | 4 yrs 1 mo | Magna Yuma Private Limited |
| Misra Rajendra Kumar DIN 01554067 | Director | 19 Sep 2022 | 4 yrs 1 mo | Magna Yuma Private Limited |
| Pankaj Chowdhary DIN 07284001 | Director | 19 Sep 2022 | 4 yrs 1 mo | Magna Yuma Private Limited |
| Azhagu Nachimuthu Sennimalai Subramanian DIN 06939222 | Managing Director | 25 Sep 2023 | 3 yrs 1 mo | Magna Yuma Private Limited |
People of Yuma Energy
17 people are tracked at Yuma Energy (9 in leadership, 8 in team).
| Name | Role | Group |
|---|---|---|
Aakash . | Associate Director Of Operations | Leadership |
Dhiraj Mane | Cluster Head | Leadership |
Muthu Subramanian | Managing Director / General Manager | Leadership |
Rajiv Menon | Cluster Head | Leadership |
Gaurav Khurana | Associate Director Business Development | Leadership |
Deepak Nanwani | Head Of Revenue & Operations | Leadership |
Rajat Vidhate | Cluster Head | Leadership |
Puneet Jain | Head - Energy Products | Leadership |
Tarun Kumar B.v. | Head - Energy Infrastructure, Partnership & Strategy | Leadership |
Rohit Goel | Strategy & Operations Manager | Team |
Ananya Agrawal | Senior Product Manager | Team |
Renuka Prasad.m | Associate Manager - Control Room | Team |
Aravind Suresh | Manager - Data Science | Team |
Nishmitha Shet | Associate Manager, Control Room, South India | Team |
Akshay Thakur | Product Designer And Lead User Researcher | Team |
Vishnu K P | Data Scientist | Team |
Prakruthi H S | Associate Manager | Team |
Complete people profiles for Yuma Energy
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Yuma Energy
Figures of Magna Yuma Private Limited, the primary company behind Yuma Energy, for FY 2025. Revenue was ₹97.91 Cr. Net loss was -₹4.30 Cr (-45% margin). EBITDA was -₹2.31 Cr (-24% margin).
- ₹97.91 CrRevenue · FY 2025
- -₹4.30 CrNet loss · -45% margin
- -₹2.31 CrEBITDA · -24% margin
- ₹57.16 CrPaid-up capital
- 189Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Magna Yuma Private Limited are on its company page.
Detailed financial statements for Yuma Energy
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Yuma Energy
Yuma Energy has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Grinntech Motors & Services.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provider of lithium-ion battery for e-rickshaw | grinntech.com | Chennai, India | 2011 | Feb 2025 | •••• |
Complete acquisition details for Yuma Energy
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Yuma Energy
2 dated milestones of Yuma Energy across 1 years, from founding to its latest funding, stage changes and deals.
- Acquisition Acquires Grinntech Motors & Services.
- Funding First funding round of $35.0M.
Competitors of Yuma Energy
Yuma Energy has 3 listed competitors in our database, 3 of them funded. They include SUN Mobility, Battery Smart and Batterypool.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| sunmobility.com | 2017 | Bengaluru, India | $50M | 473 | Online platform for battery swapping solutions | |
| batterysmart.in | 2019 | Gurugram, India | $180.36M | 482 | Provider of EV battery-swapping network | |
| batterypool.com | 2018 | Pune, India | $1.77M | 15 | Battery rental and swapping services for electric vehicles are offered. |
Detailed competitors of Yuma Energy
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Yuma Energy
Websites that share an audience with Yuma Energy (yuma.energy).
Websites whose visitors overlap most with Yuma Energy. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| grinntech.com | 96% | 1.5K | View details |
Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as Yuma Energy (Renewable & Sustainable Energy) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Hybrid renewable energy solutions are provided for rural communities. | 2008 | Patna, Bihar, India | USD 73.99 M | USD 3.46 M | 294 | |
Solar energy projects are developed for commercial and industrial clients. | 2011 | Mumbai, Maharashtra, India | USD 442.67 M | USD 166.51 M | 365 | |
Manufacturer of solar PV modules | 1990 | Mumbai, Maharashtra, India | USD 111.38 M | USD 2.77 B | 8,690 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Yuma Energy
Complete news archive for Yuma Energy
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Yuma Energy
Yuma Energy is headquartered in India.
Yuma Energy is a funded company, having raised a total of $35M across 1 funding round to date. The company's 1st funding round was a Series A of $35M, raised on Sep 2026.
The primary company behind Yuma Energy, Magna Yuma Private Limited, reported revenue of ₹97.91 Cr for FY 2025.
Yuma Energy is established as Indias foremost Battery-as-a-Service company, focusing on sustainable urban mobility through an advanced battery-swapping ecosystem. The company operates in the renewable energy sector, specifically targeting electric vehicle infrastructure. Solutions are provided to eliminate range anxiety, reduce operating costs, and ensure accessible, affordable energy. A dense network of smart battery swap stations and AI-driven technology is utilized to support seamless operations for two- and three-wheeler manufacturers and other partners in the EV ecosystem.
Yuma Energy's top competitors include Battery Smart, SUN Mobility and Batterypool.
Yuma Energy offers Battery-as-a-Service and Charging Units.
Yuma Energy has made 1 acquisition, including Grinntech Motors & Services.
Yuma Energy has 1 investor. Key investors include Magna International.
Yuma Energy operates through Magna Yuma Private Limited.
The legal entities of Yuma Energy currently have 5 directors, including Nidhi Tulsyan, Matteo Del Sorbo, Azhagu Nachimuthu Sennimalai Subramanian and others.