e-TRNL Energy raises INR 7.5Cr pre-seed round led by Speciale Invest 

e-TRNL Energy, a battery tech start-up, has announced raising a pre-seed round of INR 7.5 crores from multiple investors. Speciale Invest, a deep-tech venture capital firm led the round. Other investors include Micelio Mobility, a clean mobility fund, and CIIE, the innovation continuum built at IIM Ahmedabad. e-TRNL Energy has developed a patented manufacturing technology that offers safe and dense energy batteries, with fast charging – said a company release.

Dr Uttam Kumar Sen and Apoorv Shaligram

Founded in 2021 by Apoorv Shaligram, an alumnus of IIT Roorkee and Michigan State University, and Dr Uttam Kumar Sen, an IIT Bombay alumnus with a doctorate in high-energy density batteries, Mumbai-headquartered e-TRNL Energy draws upon a combined research experience of 27 years, added the release.

Apoorv Shaligram, Co-founder of e-TRNL Energy, said, “Any true electric vehicle revolution cannot revolve around import dependence in the most critical component of EVs, which is the battery. At e-TRNL Energy, we are innovating technology from the ground up to realize the true potential of batteries and bring about the most advanced cell manufacturing. We are excited to have partnered with our investors to realize the future of batteries and help set up the global supply chains from India.”

“We have developed a technology platform that solves the fundamental challenges of fast charging without compromising the energy density, life cycle and safety. Our innovation is chemistry and application agnostic, which means it could be deployed across all battery applications.”, commented Dr Uttam Kumar Sen, Co-founder of e-TRNL Energy.

e-TRNL Energy intends to utilize this investment to accelerate the product cycle reducing the timelines to deliver the products to its customers.

Vishesh Rajaram, the Managing Partner at Speciale Invest, said, “The need for smart energy storage systems is critical to meet global climate goals and provide a better and more sustainable future. e-TRNL is working towards bringing to the market one of the most advanced energy storage systems. The company’s innovative technology helps to reduce the environmental impact of battery storage while providing an advanced level of performance and reliability.” He further said, “We at Speciale Invest believe that climate and sustainability are increasingly becoming business drivers in India as well as globally. We are focused on partnering with like-minded businesses and founders using technology to disrupt this sector. We are excited to be a part of e-TRNL journey and look forward to seeing them succeed.”

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