About Ziptrax
Ziptrax is a Transportation, Automotive & Logistics company based in Delhi (India) founded in 2016 by Sonia Singh and Rohan Singh Bais. AI-powered solutions for lithium-ion battery repurposing and recycling are offered. It operates on a Product-as-a-Service and Direct-to-Consumer (D2C) model in Transportation, Automotive & Logistics and Environment sectors. Ziptrax has raised $118.96 thousand across 1 funding round from investors including Shell. Ziptrax was last valued at $1.49 million in August 2019. Its chief executive, as recorded, is Sonia Singh. Its Indian entity Ziptrax Cleantech Private Limited reported revenue of ₹12.9 Lakh. Ziptrax offers products and services including ZipBattery and Battery Swapping. Its focus areas include Energy, Renewable Energy and Battery Technology.
Company details
Ziptrax CleanTech is focused on enhancing the lifespan of lithium-ion batteries through AI-based technology and IoT-enabled hardware. Solutions are developed for cell auditing, repurposing, refabrication, and sales, primarily targeting OEMs and battery swapping operators. The company operates in the renewable energy sector, offering second-life battery solutions like ZipBattery for light electric vehicles and swapping stations. Services are provided to ensure sustainable and cost-competitive energy alternatives.
- Headquarters Delhi, India
- Founders Sonia Singh, Rohan Singh Bais
- Stage Minicorn
- SectorsTransportation, Automotive & LogisticsEnvironment
- Email••••••••
- Phone•••• ••••
- Website ziptrax.in
- Social LinkedIn X Facebook
- Legal Name Ziptrax Cleantech
- Date of Incorporation 16 Dec, 2016
- Jurisdiction Delhi, India
- Annual Revenue₹12.9 Lakh
FY 2024 · -92% YoY
- Net Loss-₹43.2 Lakh
FY 2024 · -335% margin
- EBITDA-₹37.7 Lakh
FY 2024 · -293% margin
- Total Equity Funding$118.96K (USD)
in 1 rounds
- Latest Funding Round$118.96K (USD), Seed
Aug 2019
- Investors
Associated legal entities of Ziptrax
Ziptrax is associated with 2 registered companies on The Company Check; the primary company is Ziptrax Cleantech Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ziptrax Cleantech Private Limited CIN U74999DL2016PTC309316 | Active | 16 Dec 2016 | Delhi, Delhi | ₹0.1 Cr | 2 | View details | |
| Bloodport Healthtech Solutions Private Limited CIN U72900DL2015PTC287404 | Active | 13 Nov 2015 | Delhi, Delhi | ₹0.0 Cr | 2 | View details |
Products & Services of Ziptrax
Ziptrax offers a comprehensive portfolio of products and services, including ZipBattery and Battery Swapping.
Second-life Li-ion battery with extended life and features.
Swappable battery solutions provided for OEMs and operators.
Funding Insights of Ziptrax
Ziptrax has successfully raised a total of $118.96K through 1 strategic funding round. The most recent funding activity was a Seed round of $118.96 thousand completed in August 2019. 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 $118,961
- Total Rounds 1
- Last Round Seed — $118,961
- First Round $118,961
(Aug 2019)
- Investors Count 1
All 1 funding rounds of Ziptrax 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 |
|---|---|---|---|---|---|
| Aug 2019 | $118,961 | Seed | $1.49M | – |
| Date | Valuation | Stage |
|---|---|---|
| Aug 2019 | $1.49M | •••••••• |
Last known valuation $1.49M (Aug 2019). 1 investors in total: 1 institutional.
Investors in Ziptrax
Ziptrax has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Shell.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Shell is recognized as a global energy and petrochemical company. | 1907 | shell.com | London, United Kingdom |
Investor details for Ziptrax
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 Ziptrax Cleantech Private Limited (Ziptrax)
Ziptrax Cleantech Private Limited is the primary company behind Ziptrax. The boards of the 2 registered companies of Ziptrax currently have 2 directors; the longest-serving is Sonu Singh Bais, appointed in 2016. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sonu Singh Bais DIN 07340381 | Director | 16 Dec 2016 | 9 yrs 10 mo | Ziptrax Cleantech Private Limited, Bloodport Healthtech Solutions Private Limited |
| Rohan Singh Bais DIN 07339734 | Director | 16 Dec 2016 | 9 yrs 10 mo | Ziptrax Cleantech Private Limited, Bloodport Healthtech Solutions Private Limited |
People of Ziptrax
2 people are tracked at Ziptrax (2 in leadership).
| Name | Role | Group |
|---|---|---|
Sonia Singh | Co-Founder & CEO | Leadership |
| Co-Founder & CPO | Leadership |
Complete people profiles for Ziptrax
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 Ziptrax
Figures of Ziptrax Cleantech Private Limited, the primary company behind Ziptrax, for FY 2024. Revenue was ₹12.9 Lakh (-92% year on year). Net loss was -₹43.2 Lakh (-335% margin). EBITDA was -₹37.7 Lakh (-293% margin). Revenue has grown at a compounded annual rate of +79% over five years.
- ₹12.9 LakhRevenue · FY 2024 · -92% YoY
- -₹43.2 LakhNet loss · -335% margin
- -₹37.7 LakhEBITDA · -293% margin
- ₹1.1 LakhPaid-up capital
- +79%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ziptrax Cleantech Private Limited are on its company page.
Detailed financial statements for Ziptrax
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.
Timeline of Ziptrax
3 dated milestones of Ziptrax across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Ziptrax is founded.
- Funding First funding round of $119K.
- Milestone Reaches Minicorn status.
Top companies in Electric & Green Mobility
3 companies that operate in the same segment as Ziptrax (Electric & Green Mobility) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
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 |
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Frequently Asked Questions about Ziptrax
Ziptrax was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Ziptrax is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Sonia Singh is the CEO of Ziptrax, as recorded in our data. They have also founded this company.
Ziptrax is a funded company, having raised a total of $118.96K across 1 funding round to date. The company's 1st funding round was a Seed of $118.96K, raised on Aug 2019.
The primary company behind Ziptrax, Ziptrax Cleantech Private Limited, reported revenue of ₹12.9 Lakh for FY 2024, down 92% year on year.
Ziptrax CleanTech is focused on enhancing the lifespan of lithium-ion batteries through AI-based technology and IoT-enabled hardware. Solutions are developed for cell auditing, repurposing, refabrication, and sales, primarily targeting OEMs and battery swapping operators. The company operates in the renewable energy sector, offering second-life battery solutions like ZipBattery for light electric vehicles and swapping stations. Services are provided to ensure sustainable and cost-competitive energy alternatives.
Ziptrax offers ZipBattery and Battery Swapping.
Ziptrax has 1 investor. Key investors include Shell.
The valuation of Ziptrax is $1.49M as of Aug 2019.
Ziptrax is associated with 2 legal entities: Ziptrax Cleantech Private Limited, Bloodport Healthtech Solutions Private Limited.
The legal entities of Ziptrax currently have 2 directors, including Sonu Singh Bais, Rohan Singh Bais.