Clean Electric Pvt. Ltd.
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Clean Electric Pvt. Ltd. - overview
Established
2016
Location
Pune, Maharashtra, India
Primary Industry
Energy Storage & Batteries
About
Founded in 2016 and based in India, Clean Electric Pvt. Ltd. operates as a manufacturer of li-ion batteries that provide electric vehicles with patented hardware and energy management technology. Abhinav Roy (CTO) and Akash Gupta (CEO) are the co-founders of the company.
In November 2022, Clean Electric Pvt. Ltd. raised USD 2. 2 million in seed funding from Kalaari Capital, including 7Square Ventures, the Centre for Innovation, Incubation, and Entrepreneurship, Climate Angels, and LV Fund.
In September 2024, Clean Electric Pvt. Ltd. raised USD 6 million in series A funding co-led by Info Edge Ventures, Kalaari Capital, and Pi Ventures, with participation from Lok Capital. The company provides battery products including Insta, Power, and Lego.
The firm uses STM, a technology that reduces lithium plating during fast charging by modulating the battery pack's temperature and charging rate. The startup provides its Hive platform with features such as battery diagnostics, real-time tracking, asset monitoring, and theft protection. The organization plans to use the September 2024 funding to expand research and development, grow the sales and operations teams, and develop new products.
Current Investors
Kalaari Capital, IIMA Ventures, Climate Angels
Primary Industry
Energy Storage & Batteries
Sub Industries
Energy Storage & Batteries
Website
www.cleanelectric.in
Verticals
Clean Technology, E-commerce, Manufacturing
Company Stage
Series A
Total Amount Raised
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