- No. of Employees175
- Founded Year 2018
- Company StagePrivate Limited Company
- Total Funding₹1,002 Cr
- Industry
,
- Headquarter
- Company StatusActive
LOHUM powers next-gen li-ion battery mobility & energy solutions, gives batteries multiple lives through reuse technology, and makes battery materials last forever through recycling. LOHUM creates enhanced customer value through 3 primary technologies:
1) Lithium-ion battery manufacturing: They design and manufacture advanced lithium-ion batteries through proprietary technology and fabrication techniques. 2) Battery reuse or 2nd life solutions for used batteries: Lohum identify healthy batteries through our proprietary cell testing and then reuse those batteries in another application. 3) Battery material recycling to recover valuable materials upon end-of-life:
For batteries that cannot be reused, they recycle them to recover value materials such as cobalt, lithium, nickel and graphite. If recycled properly, these materials can be used over and over again without any performance degradation.
LOHUM powers next-gen li-ion battery mobility & energy solutions, gives batteries multiple lives through reuse technology, and makes battery materials last forever through recycling.
- Baring Private Equity Partners India, Ventureast
Note:
Valuation as of first tranche of Series B round. The company has received only $14.5 Mn.