Founded in 2018, Mumbai-based Neuron Energy designs and manufactures electric-vehicle batteries, focusing today on lithium-ion packs for two-wheelers while preparing to serve four-wheelers, buses, and heavier vehicles. The company has built proprietary smart battery-management systems and emphasizes a low-CapEx, low-OpEx operating model that it says delivers strong operating leverage. Neuron intends to scale manufacturing capacity to 3 GWh through a fully automated facility and to deepen its R&D capabilities. It is also working on sodium-ion chemistries as a next-generation alternative. Management reports profitable year-on-year growth and projects Rs 200 crore in revenue this year, with an ambition to exceed Rs 900 crore in sales over the next few years. The firm positions itself as a leader in India’s two-wheeler EV battery segment while eyeing expansion into heavier vehicle categories and international markets.

Total raised

$6M

Funding rounds

2

Latest round

Series B

Latest activity

Nov 2025