Grinntech

company

About

Lithium Battery Packs for stationary and automotive application

  • 11 - 50

Details

Last Funding Type
Angel
Last Funding Money Raised
$2M
Industries
Electric Vehicle,Energy Storage
Founded date
Feb 20, 2013
Number Of Employee
11 - 50
Operating Status
Active

Founded in early 2013 and incubated at the prestigious IIT-Madras incubation cell in 2017, Grinntech Motors & Services Pvt. Ltd. is India’s leading lithium-ion based battery solutions provider. The name Grinntech stands for Green Innovation with technology across multiple high-impact application areas. Envisioned and led by two IIT Rookee alumni, Nikhilesh Mishra and Puneet Jain, Grinntech’s edge lies in R&D driven solutions that are designed and developed to ease and quicken market adoption. Our innovation is fueled by the strong belief that smart energy storage systems will be the foundation of how we use energy in the future and will drive product development upstream. Our mission is to create a more sustainable future by transforming the way we power our world. At Grinntech we build intelligent products based on our cutting edge R&D to overcome the obstacles that stand in the way of modernizing our energy networks.

Grinntech develops thermal designs, robust mechanical designs, ultra-safe electronic hardware and software, electrical safety systems and complete overall assembly of the battery packs for stationary and automotive (fixed as well as swappable) applications. In-house technology enables domestic mass production of high quality, affordable, smart and connected lithium battery packs for various applications. Grinntech’s modular battery technology provides lithium battery packs with voltage range from 48V to 1100V and any required energy capacity with various connectivity options like CAN, GPRS, BLE etc. without compromising on safety requirements.

Grinntech also provides technology-driven solutions for battery swapping addressing the challenges of range limits & anxiety.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$2M
Grinntech has raised a total of $2M in funding over 2 rounds. Their latest funding was raised on Aug 28, 2020 from a Angel round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Aug 28, 2020 Angel $2M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
Grinntech is funded by 1 investors. 23 High Networth Individuals (HNIs) are the most recent investors.
Investor Name Lead Investor Funding Round
23 High Networth Individuals (HNIs) Angel