# Taqanal Energy Pvt

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/taqanal-energy-pvt

- Industry: Software
- Headquarters: Bengaluru, India
- Website: www.taqanal.energy
- Total disclosed funding: $1M
- Latest round: Seed (Dec 8, 2020)
- Investors on record: 8

## About

Founded in 2018 and based in Bangalore, India, Taqanal Energy Pvt Ltd provides battery management and deployment solution particularly in the field of cloud-connected modular smart batteries. Taqanal Energy Pvt Ltd raised an amount of venture funding from investor Paipal Ventures. Taqanal Energy offers a range of products, including battery swapping solutions, which mitigate the high costs associated with electric vehicles (EVs), and Battery As A Service, enabling remote management of lithium batteries and chargers. Their data analytics platform utilizes real-time data to managing battery life, optimize deployment, and pre-empt potential failures, it is an intelligent energy storage management system that combines cloud apps with the battery's integrated intelligence. In March 2022, Taqanal Energy Pvt Ltd raised INR 95 million in venture funding from new investors JITO Incubation & Innovation Foundation, LetsVenture, Wellingdon Advisors, and KITVEN.

## Funding rounds

- Seed, Dec 8, 2020, $1M — Sprout Group, Marvel Entertainment, LLC, LVX, JITO Incubation & Innovation Foundation, Karnataka Semiconductor Venture Capital Fund, Singhvi Heritage LLP, Wellingdon Advisors, CIIE Initiatives

## Investors

- Sprout Group (https://capitalatlas.ai/funds/sprout-group) — Seed
- Marvel Entertainment, LLC — Seed
- LVX (https://capitalatlas.ai/funds/lvx) — Seed
- JITO Incubation & Innovation Foundation — Seed
- Karnataka Semiconductor Venture Capital Fund — Seed
- Singhvi Heritage LLP — Seed
- Wellingdon Advisors — Seed
- CIIE Initiatives — Seed