Founded in 2018 by Pratik Kamdar and Raj Shah, Neuron Energy is rapidly emerging as a leader in sustainable energy solutions for electric mobility and energy storage.
With its headquarters in Mumbai, Neuron Energy is revolutionizing the electric vehicle (EV) landscape by addressing critical challenges in energy consumption and carbon emissions.
Tackling the Carbon Footprint Challenge
As the world grapples with climate change and increasing pollution levels, Neuron Energy is committed to reducing carbon footprints through innovative products and services.
The startup specializes in developing advanced lithium-ion batteries and chargers for electric vehicles, including two-wheelers, three-wheelers, and drones.
Neuron’s mission is to enable a cleaner, greener planet by providing state-of-the-art technology that supports sustainable transportation.
The adoption of electric mobility is crucial in mitigating the adverse effects of traditional fossil fuels.
Neuron Energy stands at the forefront of this transition, aiming to facilitate the shift to electric vehicles in India and globally.
With an impressive portfolio that includes over 90 products and a total battery capacity exceeding 1 GWh, Neuron has sold over 100,000 batteries, establishing itself as a market leader in the L5 electric vehicle battery segment.
Innovations and Future Technologies
Neuron Energy is also actively exploring new battery technologies, including sodium-ion, aluminum-air, and solid-state batteries.
This commitment to research and development has positioned Neuron as a forward-thinking player in the EV battery market, ready to adapt and innovate in a rapidly changing landscape.
In 2023, Neuron introduced a unique ‘Remote Assistance’ feature, allowing for quick and efficient troubleshooting of battery packs.
This innovation has dramatically improved customer service, enabling technicians to resolve issues remotely within minutes, thus reducing downtime for customers.
A Customer-Centric Approach
At the heart of Neuron Energy’s success is its customer-centric philosophy. The company prioritizes trust, service, honesty, and transparency in all its operations.
With over 100 trained service engineers across India, Neuron guarantees prompt support and service for its customers, ensuring that they remain satisfied and engaged.
Neuron has also introduced an innovative battery leasing program, making electric mobility more accessible and affordable for a wider audience, including fleet operators, last-mile delivery vehicles, and individual users.
This program allows customers to spread the cost of batteries over manageable tenures, thus encouraging the adoption of electric vehicles.
Strategic Growth and Expansion
Since its inception, Neuron Energy has seen remarkable growth. The company secured ₹18.95 Cr in pre-Series A funding in 2023 and followed it up with an impressive ₹20 Cr Series A round in 2024. These funds will help scale operations and further develop its manufacturing capabilities.
Neuron Energy operates manufacturing facilities in Noida, Pune, and New Delhi, boasting a total capacity of over 900 MWh.
As part of its growth strategy, Neuron has established partnerships with original equipment manufacturers (OEMs) to supply battery packs for various electric vehicle segments.
This collaboration enhances its market reach and strengthens its position in the competitive landscape of electric mobility.
Vision for a Sustainable Future
Looking ahead, Neuron Energy is poised to continue its journey toward creating a cleaner and more sustainable world.
With a vision to become one of the most loved EV battery providers in India, Neuron is working toward developing technologically advanced batteries and charging solutions that meet the evolving needs of consumers.