LOHUM wants ₹1,000cr boost before going public

Business Nov 20, 2025

Battery tech startup LOHUM is gearing up to raise ₹1,000 crore (about $112 million) in fresh funding, led by I9 Capital and Singularity Ventures.
The goal? Fuel their upcoming IPO, which could hit the markets in the next 12-18 months.

Fast growth and a focus on green energy

Started in 2018, LOHUM is all about recycling and reusing lithium-ion batteries.
They've already raised over $150 million—including backing from Baring Private Equity—and just posted a 72% jump in revenue to ₹529 crore for FY24, with profits at ₹28 crore.
They're sticking to their mission of making sustainable energy more mainstream.