Roorkee, India
Indi Energy, established in 2019, is an innovative startup specializing in energy storage solutions, with its headquarters in India. Their mission is encapsulated in their slogan: Empowering Energy Independence. The company focuses on the research and development of next-generation battery technologies, aiming to deliver superior performance compared to existing market options.
The core team consists of seasoned scientists and engineers from IIT Roorkee who have significant expertise in a range of battery technologies including Li-ion, Sodium-ion, solid-state, and super-capacitors. Currently, Indi Energy is concentrating on Sodium-ion batteries, aiming to replace the prevalent and less efficient lead-acid batteries in the Indian market. Their vision is ambitious: to support applications in solar and wind grid storage, electric scooters, E-rickshaws, and more with high-performance, cost-effective, and locally manufactured battery solutions.
Their last known financial milestone is a seed investment secured on July 14, 2021. Indi Energy represents a strategic opportunity for investors interested in renewable energy technologies, particularly in emerging markets focused on reducing import dependency and enhancing indigenous manufacturing capabilities.
