Lohum Cleantech Pvt. Ltd, which operates an eponymous sustainable energy transition materials company, has raised $54 million (Rs 450 crore) in a Series B funding round. The round saw investments from a host of
Rajat Verma, Founder & CEO of Lohum Cleantech, said, "We are seeing immense growth opportunities both in India and globally and strengthening our leadership team for the upcoming energy transition developments.We welcome the three industry change-makers to Lohum, and together we aim to witness the next level of growth for the organization,
LOHUM: the largest producer of sustainable battery raw materials through recycling, repurposing, and low-carbon refining. As a climate-tech company, we host single-point lithium ion battery recycling & reuse solutions to overcome industry-wide obstacles to sustainable energy storage.
LOHUM Cleantech Private Limited, Plot No. D-7 & 8, Site 5th, Kasna Industrial Area, Greater Noida, Gautam Budh Nagar, Uttar Pradesh – 201308 LOHUM Dismantling Facility LOHUM Cleantech Private Limited, Plot No. O-17, Site 5th, Kasna Industrial Area, Greater Noida, Gautam Budh Nagar, Uttar Pradesh – 201308
Baring Private Equity Partners-backed Lohum Cleantech Pvt Ltd is betting big on the rapidly-growing EV battery market. The Noida-headquartered company, founded in 2018, is today commanding 70 per cent share in the lithium-ion battery recycling space through its patented technologies.
LOHUM Cleantech, an integrated lithium-ion battery recycling and repurposing company is betting big on its dual business strategy. According to the company, it is the only one in the country that is repurposing used electric vehicle lithium-ion batteries as well as recycling them.
Baring Private Equity Partners-backed Lohum Cleantech Pvt Ltd is betting big on the rapidly-growing EV battery market. The Noida-headquartered company, founded in 2018, is today commanding 70 per cent
This agreement includes Mercedes-Benz Energy and LOHUM committing to a minimum offtake schedule of 50MWh per annum across multiple 2nd life module variants. Mercedes-Benz Energy and LOHUM have been working together for nearly two years. The agreement will enable LOHUM to secure high volumes of second-use battery modules from
LOHUM, India''s leading producer of sustainable materials for the energy transition through battery recycling and repurposing, has secured $54 million (₹450 crore) in Series B funding. The investment round, led by Singularity Growth, Baring Private Equity, Cactus Venture Partners, and Venture East, will fuel LOHUM''s ambitious global
Baring Private Equity Partners-backed Lohum Cleantech Pvt Ltd is betting big on the rapidly-growing EV battery market. The Noida-headquartered company, founded in 2018, is today commanding 70 per cent share in the lithium-ion battery recycling space through its patented technologies.
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Lohum - Manufacturer of Li-ion battery packs and recycler of battery components. Raised a total funding of $75M over 10 rounds from 102 investors. Toggle navigation LOHUM CLEANTECH PRIVATE LIMITED. Mar 18, 2018. $38.4M (as on Mar 31, 2023) $1.11M (as on Mar 31, 2023) 976. Get your free copy of Lohum''s company profile.
Battery pack manufacturing and recycling startup Lohum Cleantech is looking at raising $100 million in Series B funds to increase capacity in the Indian market and also set up facilities in Europe and the US, its founder said. The funds raised will be used to increase recycling capacity to 1 million units per annum, said Rajat Verma, who is also the chief
Lohum Cleantech Pvt. Ltd, which operates an eponymous sustainable energy transition materials company, has raised $54 million (Rs 450 crore) in a Series B funding round. The round saw investments from a host of firms including Singularity Growth, Baring Private Equity, Cactus Venture Partners and Venture East amongst other firms.
Lohum Cleantech Private Limited is a Private incorporated on 19 March 2018. It is classified as Non-government company and is registered at Registrar of Companies, ROC Delhi. Its authorized share capital is Rs. 2,000,000 and its paid up capital is Rs. 1,227,152.
Legal Name Lohum Cleantech Pvt. Ltd. Company Type For Profit; Contact Email info@lohum ; Phone Number +91 63975 10047; Lohum extends the life of used lithium-ion batteries by repurposing them for secondary applications, such as energy storage systems. Show More .
I interviewed at Lohum Cleantech (Vāranāsi) in 15 Oct 2024. Interview. I was asked everything in my resume, was grilled on the projects, also asked battery concepts, about fuel cells and lithium ion battery, and also some basic chemical engineering concepts as
Speaking on the win, Rajat Verma, Co-Founder and CEO, LOHUM Cleantech said, "The CII Innovation Awards experience has reinforced our team''s shared drive to be at the forefront of lithium-ion battery raw materials research and enable energy security for our nation." LOHUM is building a zero-waste supply chain to power the entire industry.
Lohum Cleantech has an overall rating of 2.7 out of 5, based on over 22 reviews left anonymously by employees. 30% of employees would recommend working at Lohum Cleantech to a friend and 27% have a positive outlook for the business. This rating has decreased by 26% over the last 12 months.
New Delhi, March 13, 2024: LOHUM, India''s largest producer of sustainable energy transition materials via battery recycling & raw material refining, and battery repurposing, raised $54 Million (₹450 Crore) in series B funding from Singularity Growth, Baring Private Equity, Cactus Venture Partners & Venture East amongst other new and existing venture firms.
An engine of innovation, LOHUM''s R&D focus is driving sustainable climate technology. LOHUM''s NEETM™ Li-ion batteries material recycling and extraction technology yields top-quality
LOHUM Cleantech, an integrated lithium-ion battery recycling and repurposing company is betting big on its dual business strategy. According to the company, it is the only one in the country that is repurposing used
Baring Private Equity Partners-backed Lohum Cleantech Pvt Ltd is betting big on the rapidly-growing EV battery market. The Noida-headquartered company, founded in 2018, is today commanding 70 per cent share in the lithium-ion battery recycling space through its patented technologies. The company plans to end the current fiscal year with a
Lithium-ion battery pack maker and recycler Lohum Cleantech said it has inked an initial pact with US-based ReElement Technologies and American Metals to jointly set up a lithium-ion battery materials processing facility in the US at an investment of $30 million.
By Arbind Gupta. Assistant Editor, Business India Baring Private Equity Partners-backed Lohum Cleantech Pvt Ltd is betting big on the rapidly-growing EV battery market. The Noida-headquartered company, founded in 2018, is today commanding 70 per cent share in the lithium-ion battery recycling space through its patented technologies.
Lohum Cleantech’s green mission, a force to reckon with. India Accelerates Clean Energy Transition with Second-Life LithiIndia is pivoting to sustainable energy, emphasizing second-life lithium battery storage. Reusing batteries aligns with India's 4 GWh target by 2030, conserving
Lohum supplies Glencore with 10,000 tonnes of speciality chemicals for the battery supply materials of worth $200 million as part of the partnership. Lohum is Mercedes-Benz Energy’s first Asian partner for lithium-ion battery recycling and repurposing schedule of 50MWh per annum.
Lohum is headquartered in Greater Noida, India. What is the size of Lohum? Lohum has 600 total employees. What industry is Lohum in? Lohum’s primary industry is Electrical Equipment. Is Lohum a private or public company? Lohum is a Private company. What is Lohum’s current revenue? The current revenue for Lohum is .
Notably, the company boasts the world’s only end-to-end in-house ecosystem for battery lifecycle management, encompassing recycling, repurposing, material refining, and cathode active material (CAM) production. “This funding equips us for the next stage of our growth,” said Rajat Verma, Founder & CEO of LOHUM.
LOHUM is India’s largest producer of sustainable energy transition materials, and the only integrated battery material recycling, reuse, and low-carbon refining company in the world. We are also a green ecosystem employer that revels in building careers that empower ambition, enrich lives, and excite passion!
We are deeply committed to excellence in all our endeavors.
Since we maintain control over our products, our customers can be assured of nothing but the best quality at all times.