BatX Energies funding, investors and company details

BatX Energies is an emerging ESG startup from Gurugram, working in the space of CleanTech – Lithium-ion Battery Recycling, Energy Storage Solutions. Founded by Utkarsh Singh, Vikrant Singh.

Company: BatX Energies Private Limited
Sector: ESG
Location: Gurugram
Founders: Utkarsh Singh, Vikrant Singh

Company overview

BatX Energies clean-tech startup focused on developing advanced lithium-ion rechargeable batteries by repurposing and utilizing lithium-ion cells, with the aim of creating sustainable, cost-effective, and high-performance energy storage solutions. The company operates in the renewable energy and battery recycling sub-sector, addressing the growing demand for efficient energy storage in electric vehicles, consumer electronics, and renewable power systems. By combining innovation with sustainability, BatX Energies seeks to reduce battery waste, extend the lifecycle of lithium-ion cells, and contribute to India’s transition toward greener mobility and clean energy adoption.

Funding rounds

Latest round (Series A): ₹105.00 Cr. ($ 10.97 Mn), 2026-07-02. Investors: The Family office of Mankind Pharma, Zephyr Peacock, Excel Industries, JITO Incubation & Innovation Foundation (JIIF)
Past round: $ 5.00 Mn (₹41.60 Cr.), 2023-12-19. Investors: Zephyr Peacock, Lets Venture, Mankind Pharma, Excel Industries, Blusmart, JITO Incubation & Innovation Foundation (JIIF)
Past round: $ 1.60 Mn (₹12.63 Cr.), 2022-06-23. Investors: JITO Angel Network