Nexus Power funding, investors and company details

Nexus Power is an emerging Power and Energy startup from Bhubaneswar, working in the space of Manufacturer of batteries made from agricultural leftovers. Founded by Nishita Baliarsingh, Nikita Baliarsingh.

Company: FELIS LEO VENTURES PRIVATE LIMITED
Sector: Power and Energy
Location: Bhubaneswar
Founders: Nishita Baliarsingh, Nikita Baliarsingh

Company overview

Manufacturer of batteries made from agricultural leftovers. It offers sustainable solutions for the electrical and utility industries. It specializes in the development and manufacturing of rechargeable, bio-organic, and biodegradable batteries made from agricultural crop residue.Operating as Felis Leo Widgets Private Limited, it manufactures rechargeable, bio-organic, biodegradable batteries from agricultural crop residue like paddy straw.Nexus Power aims to replace lithium dependency with sustainable, circular bio-batteries that reduce environmental impact, support farmers via agri-waste sourcing, and enable affordable e-mobility across India's $14.9B battery market by 2033. Its vision creates a cleaner EV ecosystem through biodegradable materials that achieve 30,000+ charge cycles while producing ethanol as a manufacturing co-product for additional industries.

Funding rounds

Latest round: Undisclosed Amount, 2022-04-29. Investors: JITO Angel Network