Key Metrics
- No. of Employees141
- Founded Year 2016
- Company StagePrivate Limited Company
- Total Funding₹35.29 Cr
- Industry
,
- Headquarter
- Company StatusAcquired
About Maxwell Energy
Maxwell is raising the bar in the energy and automobile industry with world-class engineering and quality standards. They design, manufacture, and supply advanced electronics to OEMs building electric vehicles and Li-Ion batteries. Battery Management System (BMS) is their flagship product offering.
Business Model
Maxwell Energy Systems, a spin-off from ION Energy, specializes in battery management systems (BMS) for electric vehicles (EVs) and industrial applications. Acquired by Endurance Systems in 2022, Maxwell's BMS monitors EV battery performance, lifespan, and safety. Their solutions cater to electric 2 & 3-wheelers, passenger and commercial vehicles, industrial applications like forklifts and robots, and Battery Energy Storage Systems (BESS).
Top Competitors
SM
Sun MobilityU35100KA2016PTC124376
PA
PanineU74990DL2019PTC344293
EM
EmuronU74999DL2018PTC339592
Maxwell Energy Funding Details
Funding Highlights
Latest Funding RoundPre-Series A
Total Funding Raised₹35.29 Cr
No. of Investments Made0
Total No. of Acquisitions1
Lead Investors1
Investors
- Amazon’s Climate Pledge Fund
Funding Details
Funding History
Funding Per Year
Acquisition Company Done
Maxwell Energy Financial Details
Financial Highlights
FY 2023-24 Revenue₹63.11 Cr
FY 2023-24 Expenses₹83.64 Cr
FY 2023-24 Profit/Loss-₹20.53 Cr
Net Cash Flow From Operations-₹9.06 Cr
Full Financial Details
Financial Comparison
Revenue Breakdown
Expense Breakdown
Shareholding Structure
Financial Ratio
Maxwell Energy Key People
People Metrics
Current Core Team3
Board Members/Directors5
Maxwell Energy Documents