For the Indian economy to grow, the automotive industry is necessary. India’s market for electric vehicles has actually seen a rise in new entries. India’s electric vehicle startups are paving the way for a more environmentally friendly future. Indian EV startups are providing the general public and other companies with a wide range of services including sustainable mobility, energy infrastructure, commercial mobility, and battery management solutions. Additionally, they provide a less expensive alternative to fossil fuels while also assisting in the reduction of carbon emissions.
So, let’s now explore what are the top 50 Indian startups and greentech companies that are driving a green future in this article.
The Top 50 Indian EVs Startups And Greentech –
1. Ather Energy
Ather Energy is an Indian electric mobility which designs, manufactures, and sells high-performance electric scooters. In the EV 2-wheeler market, Ather Energy is already booming and well-liked by people. In 2013, Tarun Mehta and Swapnil Jain, both IIT alumni, founded it. It concentrates on creating an entire ecosystem for India’s electric vehicles, all of which are powered by indigenous design and produced domestically. The 450X and 450 Plus two-wheeler electric vehicles it produces are available for purchase online and in offline retail stores.
With a target of selling over 1 lakh scooters by the end of 2022 to transform the commuter experience, the Bengaluru-based EV Startup is backed by companies like Hero MotoCorp, Flipkart Co-founder Sachin Bansal, Singapore-based InnoVen Capital, and Tiger Global.
Emflux Motors is an electric mobility company, founded in 2016 by Varun Mittal, Ankit Khatry, Vinay Raj Somashekar. Its headquarters are located in Bengaluru. By producing electric vehicles with outstanding performance, it mainly focuses on increasing brand recognition and loyalty. The startup built the Emflux One, the fastest-ever e-bike, which has a 200km range and accelerates from 0 to 100 kmph in 3 seconds. The bike is said to have a top speed of 200 kilometers per hour. Along with this, it also supplies technology stack like battery management systems, motors, motor controllers, charger circuits, EVSEs, master controllers, and battery packs.
3. Euler Motors
Euler Motors is a Delhi-based electric vehicle start-up. It was founded in 2018 by Saurav Kumar. The epitome of an entrepreneur, Saurav abandoned a job that paid him one crore rupees to concentrate on last-mile transportation that was more environmentally friendly by accelerating the switch from older, less-advanced internal combustion engines to newer, more modern electric vehicles. The main products offered by the company are Commercial Electric Vehicles and Vehicle Battery Packs.
Euler Motors is the winner of the Apollo Awards 2022, as well as the winner of Businessworld’s Auto World 40 Under 40 Winners were felicitated by Nitin Gadkari, Union Minister of Road Transport and Highways.
Okinawa is one of the leading Indian manufacturers of electric scooters at the moment. Jitendra Sharma and Rupali Sharma founded it in 2015. Electric scooters with detachable Li-ion batteries were developed by the company, enabling customers to charge their scooter batteries whenever and wherever they wanted. The start-up provides the RIDGE+, PRAISE PRO, IPRAISE+, R30, Okinawa R30, and LITE electric vehicles. It currently has over 350 dealerships throughout India. In addition, it partnered with Tirupati Smart City, Delhi Transport Corporation, and the Indian Navy.
5. Ola Electric
Bhavish Aggarwal founded OLA Electric in 2017 based in Bangalore. It has rapidly grown to be among the most significant EV companies, and it has big goals for 2023. Their vehicles have Internet of Things (IoT) sensors, a GPS, and a SIM card installed, and the official mileage that can be traveled on a single charge is 240 kilometers. Rather than using the conventional dealership model, Ola Electric has chosen to go direct-to-customer, delivering the vehicles right to the homes of its customers. The SoftBank Group, Hyundai Motors, Kia Motors, Matrix Partners India, and the Pawan Munjal Family Trust are some of their investors.
In India, Revolt Motor is the leading company in electric motorcycles. It is founded by Rahul Sharma. They have manufactured the first AI-enabled electric bike in India. Revolt Motors, which has a manufacturing facility in Haryana, is the nation’s top seller of electric bikes. The EV manufacturer has increased its presence throughout India by opening 30 dealerships. Using cutting-edge mobility solutions, Revolt is democratizing the clean commute throughout the nation. The company is solely committed to giving every Indian access to high-end electric mobility products that are both affordable and accessible. The start-up makes the RV 400 and RV 300 electric motorcycles, which are AI-enabled. Its electric bikes come with both onboard and portable charging features. The lithium battery in the RV 400 is 3.24 KWh, while the battery in the RV 300 is 2.7 KWh.
Ultraviolette Automotive is a manufacturer of electric two-wheeler vehicles that provide clean energy and environmentally friendly transportation. The company’s headquarters are in Bangalore, Karnataka, India, and it was founded in 2016 by Narayan Subramaniam and Niraj Rajmohan. The primary intention of the company was to build cutting-edge, environmentally friendly engineering and design for innovative transportation solutions. On its website, the EV start-up offers batteries and the F77 electric bike, which emits no emissions. It offers a superior user experience and high levels of performance across the usage and ownership experience cycles, going above and beyond the average commute.
In India’s urban areas, Yulu is the industry leader in delivering micro-mobility services with an emphasis on electric two-wheelers as a solution to the country’s traffic and pollution issues. Hemant Gupta, Naveen Dachuri, R. K. Misra, and Amit Gupta founded Yulu in 2017, a technology-driven mobility platform. The company’s headquarters are in Bengaluru, India. To maintain effective operations, the platform manages demand and supply using IoT, ML, and AI. It produces three electric vehicles: the Yulu Miracle, Yulu Move and Yulu DEX. With 18,000 single-seater vehicles and 2.5 million users, Yulu runs in Bengaluru, Delhi, Gurugram, Mumbai, Pune, and Bhubaneswar.
Electric scooter manufacturer named BGauss offers a diverse range of electric scooters. BGauss, a brand promoted by RR Global, provides eco-friendly sustainable transportation solutions. The company’s headquarters are in Mumbai and Hemant Kabra established it in 2020. This company is a dynamic, innovative, high-end yet reasonably priced mobility brand. BGauss offers zero emissions, embraces the notion of a pleasant commute.
BGuass concentrates on cutting-edge research and technology to improve effectiveness, reliability, and safety. Darshan Patel from Vini Cosmetics has given funding of $7 million to the EV company in order to increase retail and manufacturing facilities in India, conduct R&D, and create exclusive products for different EV components.
10. Zypp Electric
Zypp Electric provides consumers with B2B deliveries and shared mobility services. In2017, Akash Gupta and Rashi Agarwal founded it. Its headquarters is in Gurugram. More than 50 firms, including Zomato, Swiggy, BigBasket, Amazon, Flipkart, Myntra, PharmEasy, Delhivery, and Spencers, use its electric scooters for last-mile deliveries. With 6,000 electric vehicles on the road, it had previously shared that it had assisted its partners in making more than 5 million deliveries during the financial year 2021–2022.
It has 400 employees, but by September2023, it hopes to double that number. Some of their investors include Tarun Saraf, Rahul Khera, Arjun Seth, Mark Joseph, We Founder Circle, Riso Capital Fund, Dholakia Ventures, Venture Catalysts, and Northern Arc.
11. Orxa Energies
Orxa is a Bangalore-based startup that builds long range, high-performance and alluring electric vehicles. Orxa was founded in 2015 by Ranjita Ravi and Prajwal Sabnis. The Mantis electric bike was created by the EV startup, and according to the company, it ensures a powerful riding. One of the first motorcycles to enter the Performance Electric Bikes, according to the startup, will be the Mantis. This high-performance bike accelerates from 0 to 100 km/h in just 8 seconds. It has a 200 kilometer range. Pricing for it is anticipated to range between Rs 3 lakh to Rs 4 lakh.
12. Strom Motors
Strom Motors is Mumbai-based startup which focuses on a green future and sustainable mobility. It was founded in 2016 by Pratik Gupta and Jean-Luc Abaziou. It specializes in the 2 two and three wheelers markets in India. It just introduced the Storm R3, an all-electric personal mobility vehicle, as its new flagship product. As per unit charges, the R3 gives a mileage of Rs 0.40 paise per kilometer and is believed to have a range of about 200 km on a single charge. Their highly motivated team has designed and produced eco-friendly solutions that enable Indians to safely commute utilizing sustainable automotive technology. They did this by combining a prodigious amount of inventiveness with precise engineering.
13. SUN Mobility
SUN Mobility was founded in 2017 by Chetan Maini, Uday Khemka. It is a joint venture of Maini Group and Sun Group, and it offers energy infrastructure. In order to power two-wheelers, three-wheelers, and buses, it makes lithium-ion batteries known as Smart Batteries. EV drivers may identify its battery swapping stations and Quick Interchange Solutions through its app and swap their batteries there. The expensive cost of electric vehicles, their short driving range, and their protracted charging times turn many people off, but these drawbacks can be lessened with the development of quick battery swaps.
Iit has partnered with a number of companies, including Ashok Leyland, Bosch, Piaggio, IndianOil, Omega Seiki, Vitol, Zypp Electric, Tata Power-DDL, and Zyngo. SUN Mobility currently has 65 swapping stations spread across 15 Indian cities, such as Delhi, Noida, Faridabad, Chandigarh, Amritsar, Gurugram, and Bengaluru.
Altigreen provides commercial last-mile transportation with two-wheeler, three-wheeler, and four-wheeler EVs. It was created with Indian commercial and environmental conditions in mind. Its headquarters are in Bengaluru and it was formed in 2013 by Amitabh Saran and Shalendra Gupta. After it was founded, Altigreen attempted to use technology to promote the growth of the infrastructure for electric vehicles. Creating an electric drivetrain intended for use in hybrid and electric automobiles was the company’s main goal. They hasten the adoption of EVs by developing technologies (or EVs) that meet the needs of consumers in terms of both performance and price. The startup is present in 60 countries and holds 26 worldwide patents.
Based in Gurugram, India, BluSmart Mobility is a ride-hailing company. In 2019, Anmol Singh Jaggi, Punit K Goyal, and Puneet Singh Jaggi established it. BluSmart cabs are changing the way people commute in urban India. It is a platform for efficient, affordable, smart, and sustainable shared electric mobility. By developing a complete and all-encompassing platform for electric on-demand mobility, the company hopes to revolutionize Indian cities. Intercity EV services between Delhi NCR and Chandigarh and Jaipur have recently begun. At Delhi IGI Airport, it has scaled up EV services. It is presently trying to increase the number of EV charging stations around Delhi NCR and increase its number to over 5,000.
BOLT is an AI-based Internet of Things platform which assists users in operating electric vehicles. It provides complete operator and management solutions for EV charging. Jyotiranjan Harichandan and Mohit Yadav founded BOLT in 2017, and the company’s headquarters are in Bengaluru. The platform’s motor controllers and batteries are effectively tracked and monitored by it. Increasing the availability, intelligence, safety, and connectivity of electric vehicles is its goal. They have set up more than 10,000 charging stations throughout more than 100 different Indian cities since the company’s founding. With an installed capacity of more than 33,000KW, they provide service to more than 50,000 active monthly users. Some of their Investors are SUN Mobility, Union Square Ventures, Prime Venture Partners.
In India, Chargeup provides battery swapping services for three-wheeler EVs. The company headquarters are in New Delhi, and it was established in 2019 by Varun Goenka and Ankur Madan. Customers can operate their vehicles affordably with Chargeup without having to be concerned about charging times. According to its website, Chargeup features an AI and ML-based platform that offers subscription-based usage, provides 5,000 MwHr, forecasts demand hotspots, predicts energy demand, and manages 10K charging stations. The startup states that it has 100 dealers and 800 satisfied customers. By 2027, it also plans to power 1 million EVs.
ElectricPe was Founded by Avinash Sharma and Raghav Rohila in May 2021. Customers can access charging infrastructure through ElectricPe. EV users can find charging stations close to them using their app. It is trying to provide a billion Indians with smart, economical, and environmentally friendly electric mobility. Hero Electric recently partnered with ElectricPe to establish charging stations for its users across India. The infrastructure for charging would be installed in office buildings, residential areas, and other places. The partnership intends to support the adoption of EVs throughout India and expand the charging infrastructure. Blume Ventures, Micelio Fund, Anshuman Bapna, Ashish Goel, Arjun Ravi Sheth, and Bhuvan Gupta are a few of their investors.
Grinntech provides consumers with energy storage solutions. In 2013, Nikhilesh Mishra and Puneet Jain established it. Its headquarter is in Chennai. It makes the point that it offers a variety of lithium-ion batteries, including IC Engine starter battery, e-cycle and robotics battery, two-wheeler battery, three-wheeler battery, small commercial vehicle battery, light commercial vehicle battery, and MHCV battery, among others that are breaking new ground in terms of safety, energy density, longevity, and reliability. It makes use of cutting-edge semiconductor, material, and manufacturing techniques. Their investors include KS Manian, Lakshmi Narayan, and V Sumantran.
20. Kazam EV
By offering software solutions, Kazam is creating the biggest ecosystem for charging electric vehicles in the world. It was established in 2020 and has its headquarters in Bengaluru. Akshay Shekhar and Vaibhav Tyagi founded it. The startup’s software not only works with its own charging stations but also with those of other EV manufacturers. By placing charging stations in their parking spaces, it also assists micro-entrepreneurs owners in making money. By continually improving the hardware and software solutions, they strive to provide consumers with a seamless charging experience. They have investors including We Founder Circle and Inflection Point Ventures.
Etrio is an EV company that offers electric vehicles, electric three-wheelers, and electric vehicle manufacturers which was founded in 2016 by Sathya Yalamanchili, Deepak M V. Its headquarter is in Hyderabad. Etrio strives to provide everyone with an affordable and convenient electric mode of transportation.
Additionally, it receives certifications from a number of government bodies, including the ARAI, the Ministry of Road Transport and Highways, and the Ministry of Micro, Small, and Medium Enterprises. With the help of its dealership network, Etrio is presently available in 6 states and has plans to expand to 15 states in the near future. Several companies, including Amazon, BigBasket, Flipkart, DIAGEO, Lightning Logistics, Amplus Solar, and ZYPP Electric, have partnered with ETrio.
22. 3EV Industries
A company named 3ev develops, manufactures, and operates 3-wheel electric vehicles for the real-world. In association with RUGGED Solar Products Pvt Ltd and ReBatt Limited, 3EV Industries was established in 2019. It has Bangalore as its headquarters. For last-mile hyper-local connectivity, 3ev offers micro mobility solutions. Along with kits to turn conventional vehicles to electric, 3evi also offers professional services for passengers, small-parcel deliveries, and freight. In order to optimize last-mile logistics, it attempts to use renewable energy sources and off-grid power systems.
23. Cell Propulsion
Cell Propulsion is an electric mobility company headquartered in Bengaluru, India. They create electric power drives and autonomous electric mobility solutions for various forms of transportation. Nakul Kukar and Paras Kaushal established it in 2016. Solutions like fleet tracking and management, buyback guarantees, operations and maintenance, end-of-life management, and driving data analytics are just a few of the things it offers. By augmenting the transportation sector with high-performance autonomous vehicles at reasonable rates, the company’s goal is to minimize the usage of hydrocarbon fuels.
24. Fyn Mobility
Fyn is a vibrant and young startup. Fyn Mobility, formerly known as Pi Beam, provides data analytics services and micro-mobility EV solutions for the Ev sector. Visakh Sasikumar established Fyn Mobility in 2013. PIMO Utility two-wheeler, E-Trike, E-Kart, and E-Auto are among the company’s product portfolio. In terms of vertical integration, Fyn strives to be the largest EV ecosystem platform. They began their path as EV makers before transitioning to EV-as-a-service to power the fleets of the various delivery agglomerates, from large e-commerce to small enterprises to the F&B industry, they serve all your last-mile delivery demands. They have investors like Arshad Sayyad, Vijay Ratnaparke, Shaji Koshy, Eagle10 Ventures, Bluehill Capital, Sattva Group, Nanavati family, Sincere Syndication, Conscience Multi Family Office, GAIL (India) Ltd, and IITM Research Park Ashok Jhunjhunwala among others.
An EV startup called MoEVing creates a driver-centric e-mobility technology platform for drivers and small fleet owners. Mragank Jain and Vikash Mishra established it in 2021. Its headquarters is situated in Gurugram. For companies operating in e-commerce, e-grocery, FMCG, logistics, and direct-to-consumer business, it offers delivery services. In addition, it coordinates with financial institutions, drivers, and OEMs to address issues faced by EV owners after they get EVs. The ten Indian cities where MoEving is active are Delhi-NCR, Pune, Mumbai, Chandigarh, Bengaluru, Hyderabad, and Kolkata. By 2023, their plan wants to add 10,000 EVs and 100 charging stations across 30 cities.
26. Pure EV
PURE EV is one of the finest battery scooter companies in India formed in 2015. It was founded by Rohit Vadera, Nishanth Dongari and its headquarter is located in Telangana. Energy storage systems and sustainable mobility solutions are provided by PURE EV. It makes lithium batteries as well as the eTryst350, epluto, epluto7G, ETranceNEO, and ETrance+ electric vehicles. The company has established a dedicated 100,000 square foot manufacturing unit and plans to be among India’s top EV companies in the near future.
RACEnergy promotes the adoption of electric mobility by developing affordable, suitable, safe, and connected electric vehicles and infrastructure. Arun Sreyas Reddy and Gautham Maheswaran founded it in 2018. Its headquarter is located in Hyderabad. According to the company, its stations can replenish a vehicle’s range in less than two minutes and its powertrains offer greater power and torque than conventional ones. It intends to build a large battery swapping network in India and expand into other continents by 2023.
28. kWh Bikes
kWh Bikes is a startup which manufactures the world’s strongest, most smart, safest, and well-performing multi-utility electric scooters. It is founded by Siddharth Janghu and Kartik Gupta. It was established in 2020 and its headquarters are in Bengaluru. Kwh Motors Private Limited is the legal name of kWh Bikes. Traceability and automatic dialing of emergency contacts in the event of an accident, telematics with maps, an LCD touch screen, storage of driver documents in system hardware, durable chassis with integrated battery and controllers, and a mobile app for statistics such as mileage covered, drivetrain customisation, charging monitoring, locked and unlocked status are among its features.
The startup plans to increase research and development (R&D)for several EV components, including the motor, battery, and BMS. They also have LetsVenture, Better Capital, Cloud Capital, Renu Satti, Vijay Shekhar Sharma, Rajiv Nazareth, Paresh Sukthankar, and Dipak Gupta as investors.
CHARGE+ZONE is an EV charging solution provider of electric vehicles. Kartikey Hariyani and Pavan Bakeri established it in 2018. Gujarat is its headquarters. For all sorts of electrical vehicles, Charge+Zone offers hassle-free and reliable charging services. They are a pioneer in software engineering, product development, and renewable energy solutions. The platform also offers reservations, location details, navigation while the EV driver is en route to their destination. It also provides real-time charging station charge spot status. Venture Catalysts, Mumbai Angels, Keiretsu Forum, and Ramakrishnan Family Office are a few of their investors.
30. Battery Smart
Battery Smart is India’s biggest network of electric two and three wheeler battery swapping stations. The founders of Battery Smart are Pulkit Khurana and Siddharth Sikka. It was established in 2019 and has its headquarter in New Delhi. It offers a superior charging infrastructure and an interoperable battery swapping solution that enables users to swap batteries in less than two minutes. Through a unique partner-led model, Battery Smart intends to transform the EV industry by making the adoption of electric mobility easy, affordable, and accessible. The company provides a mobile application so that consumers can locate charging stations and that partners can manage the charging station’s operations.
Some of their investors include Srinivas Anumolu, K Ganesh, Niraj Singh, Amit Bhasin, Blume Ventures, Orios Ventures, Green Frontier Capital, TradeCred, and Baring Private Equity India.
Lithium Urban Technologies is a company that provides mobility solutions. Sanjay Krishnan founded the company in 2014. Bengluru is where its headquarters are located. The Lithium technology platform now provides analytics-based optimisation; trained and certified drivers, as well as telematics, fleet management systems, scheduling, rostering. Additionally, it owns and runs a network of electric vehicle charging stations in seven Indian cities. Some of their investors include IFC, EverSource Capital.
The Prakriti E-Mobility company, headquartered in New Delhi, is made up of a network of green energy solutions that work together to lessen the carbon emissions that are released into the atmosphere through daily commuting. In 2019, Prakriti E-Mobility was established by Rajeev Tiwari and Vikas Bansal. They offer a fleet of electric vehicles that function as an app-based cab service, as well as a network of charging stations that are energy-efficient. Their aim is to effectively take this e-mobility grid across the entire country.
Moreover, it runs battery charging stations around Delhi-NCR. To accommodate the needs of both private and commercial vehicles, it has installed 43 charging stations, including 13 fast-charging stations. It plans to eventually enter Tier-2 cities as well as intercity travel segments.
Electric vehicle startup SmartE is situated in Delhi. For commuters, SmartE provides last-mile connectivity. In the year 2014, SmartE was established by Goldie Goldie and Palash Roy Chowdhury. The start-up runs a fleet of electric vehicles in more than ten Indian cities, including Faridabad, Noida, Gurugram, Delhi, Lucknow, Kolkata, Mumbai, and Bengaluru. SmartE provides all-electric rides that are economical, convenient, and shareable. To offer the most convenient, accessible, and cost-effective short-distance travel choice, SmartE makes use of cutting-edge technology and creative mobile technology platform solutions. Since its debut in October 2014, SmartE has provided over 30 million “zero-pollution” rides.
SmartE has partnered with 17 companies, including Kinetic Green, NTPC, SBI, HSIIDC, ACME, Sun Mobility, Exicom, and AMARA RAJA. More than 25 clients are listed as having partnered with the company, including BigBasket, Flipkart, SpicXpress, Milkbasket, and Blowhorn.
This company designs and develops electric vehicle products. Peeyush Asati, Adarshkumar B, and Shivam Wankhede founded it in 2016. The company is headquartered in New Delhi, India. Battery management systems, vehicle intelligence, chargers, motor controllers, EV clusters, end-to-end fleet management solutions, and more are among its product offerings. Tiger Global Management, Blume Ventures, Microsoft for Startups, Tessellate Ventures, the Department of Science & Technology (India), and others are among the investors in Vecmocon Technologies.
35. Exponent Energy
Exponent Energy concentrates on creating fast technology for EVs. It was founded in 2020 by Arun Vinayak, Sanjay Byalal. Its headquarter is in Bengaluru. It provides a battery pack, an e-pump, a charging system, and an e-pack. According to the company, a lithium-ion battery and charger pair can charge electric vehicles up to 100% in 15 minutes. Their backers include Pushkar Singh, Rajesh Yabaji, Motherson Group, YourNest VC, 3one4 Capital, and AdvantEdge VC.
36. Avaada Energy
Mumbai-based Avaada Energy is a company that is a developer of green energy. In 2017, Mr. Vineet Mittal founded Avaada Energy, which is a part of the Avaada Group. Avaada Energy is dedicated to providing India access to cheap, reliable, and clean energy. It is a green energy company that creates sustainable energy through its accessibility and utility solutions for the solar, wind, rooftop, and hybrid energy industries. Avaada works with a range of businesses, assisting them in fusing their objectives with those of environmental sustainability and social responsibility to achieve mutually beneficial outcomes. By adopting initiatives, Avaada strives to uplift the quality of life in the communities it works with.
37. ReNew Power
ReNew is India’s leading renewable energy company and was established in 2011 by Mr. Sumant Sinha. ReNew Power has long been a leader in the field of renewable energy in India, and on multiple instances, the company has established new benchmarks. In 2016, ReNew Power became the first Indian firm to exceed one gigawatt of commissioned capacity, and in October 2019, it again made a mark by being the first Indian clean energy company to cross five gigawatts of installed capacity across the nation.
ReNew Power has a portfolio of more than 5,600 megawatts (MW) spread throughout 8 Indian States. The goal of ReNew is to make a significant contribution to effectively, sustainably, and socially responsible addressing India’s rising energy demands. ReNew has been a pioneer in driving climate action in India and is dedicated to providing everyone with clean, safe, economical, and sustainable energy.
MYSUN is India’s biggest online rooftop solar firm, with operations all over India. Gagan Vermani, Ashit Maru, Gyan Prakash Tiwari, and Divyanshu Sachdev founded the company in 2015. The company’s headquarters are in Noida, India. Customers from the residential, commercial, and industrial sectors are served by this company. For the installation of solar systems around India, it has partnered with a number of manufacturing facilities. Each and every MYSUN solar rooftop system has a 25-year solar service guarantee package.
They are devoted to making rooftop solar adoption in India both feasible and widespread. Delhi, Ghaziabad, Gurgaon, and Noida are the current cities where it offers its services.
EdgeGrid is a maker of a clean-tech platform created to connect sellers with individuals, businesses, and distributors who require energy services. To address the issues at scale in the energy markets, EdgeGrid is utilizing the Internet of Things (IoT), Artificial Intelligence (AI), and Industry Innovation. Hyderabad is headquarters of EdgeGrid. In 2019, EdgeGrid was established. They are quickening the transition to value-based consumption, charged-up mobility, and dispatchable renewable power. In order to open up New Possibilities, Edgegrid transforms the way India produces and uses energy.
40. Cygni Energy
Cygni Energy Private Limited is a Next-Generation Energy Storage Company. Venkat Rajaraman established it in 2014, with headquarters in Hyderabad. For electric vehicles, energy storage, solar, telecommunications, and many more applications, they offer customized Lithium-ion battery packs. It manufactures batteries for three-wheelers and EV-2 wheeler vehicles. Moreover, it offers solar hybrid solutions and solar energy systems. It has an app for Android devices.
41. Sea6 Energy
The Sea6 Energy platform makes ethical and sustainable use of the oceans’ limitless potential. Sayash Kumar, Nelson Vadassery, Sowmya Balendiran, Sailaja Nori, and Shrikumar Suryanarayan formed Sea6 in 2010, with its headquarters in Bangalore. It concentrates on producing and processing tropical seaweed species. In order to enable cost-competitive manufacturing at scale, the business has created a proprietary cultivation mechanism termed the SeaCombine that can simultaneously harvest and replant seaweed in deep ocean waters. For a variety of industries, including agriculture, animal health, food ingredients, bioplastics, and renewable chemicals, the company has also developed proprietary technology to transform fresh seaweed into ecologically beneficial goods.
42. Smart Joules
Smart Joules is an Energy management company. It provides commercial and industrial establishments with energy-efficiency as a service solutions. It was established in 2014 and its founders are Arjun P. Gupta and Ujjal Majumdar. Energy efficiency, renewable energy, energy, energy management, IoT, BMS, and sustainability are some of their specialties. They are supported by prestigious organizations like NITI Aayog, The World Bank, Asian Development Bank (ADB), and International Energy Agency, in addition to having fantastic clients all throughout India.
43. Freyr Energy
Freyr Energy is a Hyderabad-based company that develops solar energy-based technology with the goal of making solar energy simple, accessible, and inexpensive for all. In 2014, Saurabh Marda and Radhika Choudary started it. Its headquarters are in Hyderabad. The company provides customers with cost-effective solar energy systems, including solar system designing and installation and also tracking energy generation and troubleshooting any issues that may arise, allowing customers to lower electricity costs and increase profits whilst also having rapid access to solar energy. It specializes in microgrids, petrol and water pumps, and solar rooftop PV systems.
44. Log 9 Materials
Bangalore-based Log9 Materials is an Indian nanotechnology company. The manufacturing, research, and development of nanotechnologies are Log 9 Materials’ areas of expertise. In2015, Kartik Hajela and Akshay Singhal started Log9. It builds technology to address issues with sustainable energy storage across a variety of applications, such as developing solutions for charging battery packs for electric vehicles. It also offers grid-scale energy storage solutions as well as short-term power backup storage solutions. A cigarette called “smoke-safe” that lowers the chance of developing cancer by 90% is their first product to be created with this technology.
Greenjoules is a green energy technology startup which is a reputable and well-known name In the world of biofuels. Greenjoules is focused on producing renewable biofuels. R. Sethunath, V. S. Shridhar, V. Radhika, and Viraraghavan Sankaran founded it in 2018, and it has its headquarters in Pune, India. As indicated by its name, Greenjoules is a sophisticated company that supports reliable, easy-to-use, scalable, and inventive solutions to assist customers in locating the energy solutions that are most appropriate for their requirements.
46. Uravu Labs
Bengaluru-based Uravu Labs built renewable water technology that uses limitless atmospheric moisture and renewable energy in order to manufacture drinking water. It was started in 2017 by Pardeep Garg, Venkatesh RY, Swapnil Shrivastav, and Govinda Balaji B. The market for environmental tech is where Uravu Labs largely operates. Additionally, Uravu Labs operates in the wide market sectors of Consumer, Enterprise, Tech, and Tech Hardware.
Renkube is a solar research and development firm that pioneered motion-free optical tracking of solar panels. RENKUBE headquartered in Bengaluru. RENKUBE was established in 2017 by Balaji Lakshmikanth Bangolae , Deepika Gopal, Janardhana V, Lakshmi Santhanam. It offers a motion-free optical tracking device that can boost solar PV panels’ effectiveness. They specialize in solar glass, solar photovoltaic, motion-free optical tracking, and solar prismatic glass. They devoted all of their attention to creating and commercializing solar technology based on MFOT(motion-free optical tracking).
Flutura is a company that provides AI solutions. Flutura is headquartered in Bengaluru. Flutura was established in 2012 by Srikanth Muralidhara, Derick Jose and Krishnan Raman. It concentrates on two major business objectives: Asset Uptime and Operational Efficiency. Flutura performs this with Cerebra, its AI Platform tailored for IIOT in the Oil & Gas, Process Manufacturing, and Heavy Machinery Manufacturing industries, powering connected asset and connected operations use cases.
49. Gegadyne Energy
Gegadyne Energy is a firm based in Mumbai that was formed in 2015. Ameya Gadiwan and Jubin Varghese are the founders of Gegadyne Energy. The company creates an environment for stationary energy storage and electric vehicles. With a high-performance energy system that is inextricably electric and flawlessly connected, it is setting the way for a new era of sustainable mobility. Using the most advanced safety standard, Gegadyne’s proprietary battery technology can charge from 0% to 100% in under 15 minutes. Automotive, electric vehicles, sustainable development, energy systems, power, and cleantech are some of their areas of specialization.
MinionLabs is a startup that was founded in 2017 by Ram Praveen and Gokul Shrinivas. Its headquarters are situated in Bangalore, Karnataka. By offering real-time device-level electricity consumption facts via a smart energy device distributed through its SaaS platform, MinionLabs assists consumers in lowering their electricity costs and increasing their productivity. Their mission is to improve the quality of life for everyone by making it safer, more comfortable, and more productive for businesses and cities to live in.
Their areas of specialization include IOT, AI, Predictive Analytics, Predictive Maintenance, Real-Time Analytics, Operating Systems, Comparison, SaaS, Hardware, Smart Building, Green Tech, Energy Analytics, Energy Audit, Business, Machine Learning, and Disaggregation.
These above are the top 50 Indian EV startups and greentech companies that are driving a greener future. India is currently in the early phases of the EV market’s development. India’s quick modernization, the arrival of several cutting-edge technologies, and advancements in the field of electric vehicles have created new options.