Neuron Energy raises ₹31 crore to scale up EV-battery production in India
News, 1 December 2025
India’s EV battery startup Neuron Energy has secured ₹31 crore in a Pre-Series B funding round — a move many see as a big vote of confidence in domestic battery manufacturing.
The funds, led by Equanimity Ventures along with investments from the Rajiv Dadlani Group, Thackersay Family Office, Chona Family Office and other high-net-worth investors, will enable Neuron to boost its manufacturing capacity to 3 GWh annually. The plan includes building a fully automated, state-of-the-art battery facility for electric four-wheelers and buses at Chakan, Pune — signalling the company’s ambitions beyond two-wheelers.
Beyond scaling production, the capital infusion will fuel R&D, support expansion into heavier EV segments, and help Neuron Eye a global footprint. According to Neuron, the low-CapEx and low-OpEx model it follows has helped it maintain profitability year-on-year; with this round, total funding now reaches ₹80 crore.
As India’s EV market accelerates and demand for dependable battery supply surges, this development could mark a key inflection point — giving India a stronger shot at building a home-grown, scaled-up battery-manufacturing backbone for both domestic and export markets.
Compiled using AI
