About Ziptrax
Ziptrax is a company based in Delhi (India) founded in 2016 by Sonia Singh and Rohan Singh Bais. It operates as a Product-as-a-Service and Direct-to-Consumer (D2C). Ziptrax has raised $118.96 thousand across 1 funding round from investors including Shell. Ziptrax offers products and services including ZipBattery and Battery Swapping. Ziptrax operates in a competitive market with competitors including Redwood Materials, Ascend Elements, Li Industries, Metastable Materials and Circunomics, among others.
- Headquarter Delhi, India
- Founders Sonia Singh, Rohan Singh Bais
- Stage Minicorn
-
Sectors
Transportation, Automotive & LogisticsEnvironment
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Ziptrax Cleantech
- Date of Incorporation 16 Dec, 2016
- Jurisdiction Delhi, Delhi, India
-
Annual Revenue
$182.88 K (USD)-10.87as on Mar 31, 2023
-
Net Profit
$64.98 K (USD)230.94as on Mar 31, 2023
-
EBITDA
-$1.9 K (USD)97.17as on Mar 31, 2023
-
Total Equity Funding
$118.96 K (USD)
in 1 rounds
-
Latest Funding Round
$118.96 K (USD), Seed
Aug 28, 2019
- Investors
-
Employee Count
Employee Count
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
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 Total Funding
- Total Rounds 1
- Last Round Seed — $118,961
-
First Round
First Round
(28 Aug 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2019 | Amount | Seed - Ziptrax | Valuation |
investors |
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.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Ziptrax
Financial Statements - Ziptrax
Ziptrax Comparisons
Competitors of Ziptrax
Ziptrax 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 Redwood Materials, Ascend Elements, Li Industries, Metastable Materials and Circunomics, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Used battery packs are repurposed for modular energy storage systems.
|
|
| domain | founded_year | HQ Location |
Lithium-ion battery materials are manufactured from reclaimed battery elements.
|
|
| domain | founded_year | HQ Location |
Lithium-ion battery recycling
|
|
| domain | founded_year | HQ Location |
End-to-end lithium-ion battery recycling services are provided.
|
|
| domain | founded_year | HQ Location |
Waste management services for electric vehicle batteries are provided.
|
|
| domain | founded_year | HQ Location |
Recycled EV battery materials are developed for automotive applications.
|
Latest news on Ziptrax
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 current CEO of Ziptrax. 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 28, 2019.
Annual revenue of Ziptrax is $182.88K as on Mar 31, 2023.
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's top competitors include Redwood Materials, Ascend Elements and Li Industries.
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.