When was Lohum founded?

Lohum was founded in 2018 and raised its 1st funding round within a year of its incorporation.

Where is Lohum located?

Lohum is headquartered in Noida, India. It is registered at B-357/A, SHOP NO. 6, GROUND FLOOR, OPP. METRO PILLAR NO. 157, NEW ASHOK NAGAR, East Delhi, East Delhi, East Delhi, Delhi, India, 110096.

Who is the current CEO of Lohum?

Rajat Verma and Chidambaram Mandan s of Lohum. Rajat Verma has also founded 1 company and is angel investors in 5 startups, including .

Which legal entities is Lohum associated with?

Lohum is associated with LOHUM CLEANTECH PRIVATE LIMITED and 6 others.

How many employees does Lohum have?

As of Aug 31, 2025, the latest employee count at Lohum is 300.

Is Lohum a funded company?

Lohum is a funded company, having raised a total of $87.7M across 13 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on Aug 30, 2018.

How much is Lohum worth?

The latest valuation of Lohum is ₹***** as of Mar 13, 2026.

When was the latest funding round of Lohum?

Lohum's latest funding was a $***** Series B round on Oct 16, 2025, with participation from 5 investors.

What is the annual revenue of Lohum?

Annual revenue of Lohum is ₹835Cr as on Mar 31, 2025.

Where does Lohum rank among its competitors?

Lohum ranks 1st amongst 62 active competitors, of which 28 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Recyclekaro, which secured $3.85M in Feb, 2026.

Who are the top competitors of Lohum?

Lohum's top competitors include Attero, Redwood Materials and Recyclekaro. Among them, Recyclekaro secured the most recent funding round in February, 2026.

Lohum - 2026 Company Profile, Team, Funding, Competitors & Financials

Lohum is a series B company based in Noida (India), founded in 2018 by Rajat Verma, Justin Lemmon and Gazanfar Safavi. It operates as a Recycles lithium-ion batteries and repurposes battery raw materials through low-carbon refining. Lohum has raised $87.7M in funding from investors like Baring Private Equity Partners, Cactus Venture Partners and Singularity AMC, with a current valuation of ₹*****. The company has 62 active competitors, including 28 funded and 7 that have exited. Its top competitors include companies like Attero, Redwood Materials and Recyclekaro.

Company Details

Recycles lithium-ion batteries and repurposes battery raw materials through low-carbon refining. The company provides single-point lithium-ion battery recycling and reuse solutions. It recovers and recirculates critical battery raw materials, lowering battery costs and reducing reliance on mining. The company offers battery lifecycle management solutions, including recycling used batteries, determining residual value, and facilitating Extended Producer Responsibility (EPR) partnerships. It produces energy storage applications, batteries for low power e-mobility, and high-purity battery raw materials. The company addresses challenges related to battery metal depletion, rising battery waste, geo-disparity of raw materials, reverse logistics, and transparency in refining and recycling.

Website: lohum.com
Social
Email ID: *****@lohum.com
Phone Number: +91 **********
Registered Address: B-357/A, SHOP NO. 6, GROUND FLOOR, OPP. METRO PILLAR NO. 157, NEW ASHOK NAGAR, East Delhi, East Delhi, East Delhi, Delhi, India, 110096

Key Metrics

Founded Year

2018

Location

Noida, India

Stage

Series B

Total Funding

$87.7M in 13 rounds

Latest Funding Round

Series B, Oct 16, 2025, $*****

Post Money Valuation

₹***** as on Mar 13, 2026

Investors

Baring Private Equity Partners & 108 more

Ranked

1^st among 62 active competitors

Annual Revenue

₹835Cr as on Mar 31, 2025

Employee Count

300 as on Aug 31, 2025

Similar Companies

Attero & 31 more

View Lohum's full profile

Lohum is associated with 7 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
LOHUM CATALYSTS PRIVATE LIMITED CIN: U24200DL2025PTC445320 , India, Active	Mar 28, 2025	-	30 (As on Feb 01, 2026)
Lohum Infrastructure Llp CIN: ACJ-7464 , India, Active	Oct 01, 2024	-	-
LOHUM MAGNETS & ENERGY SOLUTIONS PRIVATE LIMITED CIN: U24209DL2025PTC442695 , India, Active	Feb 15, 2025	-	-
LOHUM CLEANTECH PRIVATE LIMITED CIN: U74999DL2018PTC331175 , India, Active	Mar 19, 2018	$98.8M (As on Mar 31, 2025)	133 (As on Feb 01, 2026)
LOHUM RESEARCH & INNOVATION FOUNDATION CIN: U72100DL2024NPL438951 , India, Active	Nov 20, 2024	$465 (As on Mar 31, 2025)	-
LOHUM MATERIALS PRIVATE LIMITED CIN: U38300DL2023PTC420974 , India, Active	Oct 09, 2023	$49.8M (As on Mar 31, 2025)	151 (As on Aug 31, 2025)
LOHUM NICKEL PRIVATE LIMITED CIN: U20110DL2023PTC422039 , India, Active	Oct 30, 2023	$4.73M (As on Mar 31, 2025)	22 (As on Aug 01, 2025)

Lohum has raised a total funding of $87.7M over 13 rounds. Its first funding round was on Aug 30, 2018. Its latest funding round was a Series B round on Oct 16, 2025 for $*****. 5 investors participated in its latest round. Lohum has 40 institutional investors and 69 angel investors.

Here is the list of recent funding rounds of Lohum:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 16, 2025	5384441	Series B	9452416	7194196	1624321	7589009
Jan 18, 2025	5224875	Series B	9456526	1382734	7919348	2244721
Dec 07, 2024	1875564	Series B	1719149	4344481	Stride Ventures	Anantroop Financial Advisory

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View details of Lohum's funding rounds and investors

The founders of Lohum are Rajat Verma, Justin Lemmon and Gazanfar Safavi. Rajat Verma and Chidambaram Mandan are the CEOs of Lohum.

Here are the details of Lohum's key team members:

Rajat Verma: Co-Founder & Co-CEO of Lohum. They are also an angel investor in 5 startups and serve on the boards of 3 companies.
Contact Info: 1 phone number
Justin Lemmon: Co-Founder of Lohum.
Contact Info: 1 email address
Gazanfar Safavi: Head of Recycling of Lohum.
Chidambaram Mandan: Co-CEO of Lohum.
Contact Info: 1 email address

View details of Lohum's Founder profiles and Board Members

Lohum's employee count trend

Lohum has 300 employees as of Aug 25. The total employee count is 1.0% more than what it was in Aug 24. Here is Lohum's employee count trend over the years:

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Top competitors of Lohum include Attero, Redwood Materials and Recyclekaro. Here is the list of Top 10 competitors of Lohum, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Lohum 2018, Noida (India), Series B	Recycles lithium-ion batteries and repurposes battery raw materials through low-carbon refining	$87.7M	Tracxn Labs, Singularity AMC & 107 others	73/100
2nd	Attero 2008, Noida (India), Series C	Provider of e-waste and lithium-ion battery recycling	$31.1M	IFC, IndoUS Venture Partners & 10 others	71/100
3rd	Redwood Materials 2017, Carson City (United States), Series E	Provider of repurposed battery packs for modular energy storage systems	$2.29B	T. Rowe Price, Capricorn & 28 others	65/100
4th	Recyclekaro 2010, Navi Mumbai (India), Series A	Provider of e-waste, battery, vehicle, and office equipment recycling services	$18.3M	LRT, Vikasa Capital & 110 others	63/100
5th	MiniMines 2020, Bengaluru (India), Series A	Provider of lithium-ion battery recycling and commodity extraction clean-tech solutions	$4.98M	Micelio, Shastra & 18 others	61/100
6th	Cylib 2022, Aachen (Germany), Series A	Provider of sustainable battery recycling and recycled raw materials	$71.5M	World Fund, Speedinvest & 15 others	61/100
7th	Ascend Elements 2015, Westborough (United States), Series D	Manufacturer of engineered materials from recycled lithium-ion batteries and battery scrap	$1.1B	BlackRock, Qatar Investment Authority & 29 others	60/100
8th	SiTration 2020, Cambridge (United States), Seed	Provider of battery recycling solutions	$17.4M	2150.VC, Azolla Ventures & 9 others	58/100
9th	ABTC 2011, Reno (United States), Public	Provider of Lithium-ion battery recycling platform	-	DOE, Greentown Labs & 1 others	58/100
10th	ACE Green Recycling 2019, Houston (United States), Series A	Provider of sustainable battery recycling technologies and solutions	$10M	Circulate Capital, Unreasonable & 2 others	57/100

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Founders own 0.29%, Funds (largest shareholder) own 34.03%, Enterprises own 5.49% and Angels own 13.25%. The net worth of Lohum's founders is INR 13.7Cr as of Mar 13, 2026.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	0.29%	13.7Cr	0	0	0	0
Rajat Verma	0	0	0	0	0	0
Fund	34.03%	1,600Cr	4007131	5157485	5719669	8186715
Singularity AMC	3	3	6	7	6	4
Baring Private Equity Partners	4310760	4932627	6420663	5123119	7710664	7623711
Cactus Venture Partners	54	92	67	81	27	29
Enterprise	5.49%	258Cr	62403	49446	18940	86125
Angel	13.25%	622Cr	2109206	9085832	2560619	8223748
Other People	36.18%	1,700Cr	6594436	2239008	2052955	3881940
ESOP Pool	10.75%	505Cr	8388082	9606338	2662951	4226650
Total	100.00%	4,700Cr	6111519	6755110	7562126	3725934