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Funding · Climate, Energy & Sustainability

Aloe Ecell raises seed funding for green battery expansion

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Date
Company
Aloe Ecell
What it does
Makes aloe vera batteries
Kind
Funding
Amount
₹2.6 crore
Stage
seed
Founded
2019
Sector
Climate, Energy & Sustainability

What they do

Aloe Ecell makes sustainable single-use batteries using aloe vera as a key ingredient

What happened

The startup secured ₹2.6 crore in seed funding to boost production and distribution

Why it matters

It aims to become a global brand while exploring rechargeable zinc-iron battery technology

The details

  • Aloe Ecell has secured ₹2.6 crore in a seed round of funding.
  • The company was founded in 2019 by Naveen Suman.
  • Funds will support production growth, wider distribution, and supply chain strengthening.
  • The startup produces sustainable single-use batteries using aloe vera as a bio-based component.
  • Each battery is priced at ₹18 for everyday consumer use.
  • Products are distributed across 15,000+ outlets in 18 states.
  • Online sales occur on platforms like Amazon, Flipkart, and Blinkit.
  • The manufacturing facility can produce approximately 400 batteries per minute.

The bigger picture

  • The company holds ISI and CE certifications for its products.
  • It has received international design recognition for its innovation.
  • The business focuses on the everyday battery segment rather than EV lithium-ion cells.
  • The startup plans to explore rechargeable zinc-iron batteries in its R&D pipeline.

About the business

  • Aloe Ecell manufactures sustainable single-use batteries using aloe vera.
  • The product targets the everyday battery segment for devices like TV remotes.
  • Wall clocks and similar low-power electronics are primary use cases.
  • The company does not currently produce lithium-ion batteries for electric vehicles.
  • Pricing is set at ₹18 per battery for mass market accessibility.
  • Distribution spans 15,000+ retail outlets across 18 Indian states.
  • Digital channels include major e-commerce platforms like Amazon and Flipkart.
  • Manufacturing capacity reaches roughly 400 batteries per minute.
  • The sustainability model includes converting used batteries into fertilizers using zinc minerals.

What happens next

  • The company plans to expand its global sustainable battery brand presence.
  • R&D efforts will focus on rechargeable zinc-iron batteries.
  • Production scaling is a priority following the seed investment.

The deal

Type
Seed Round

Founders

  • Naveen Suman, Co-Founder

About Aloe Ecell

Product
Eco-friendly primary batteries developed using aloe vera extract as sustainable material
Customers
Electronics manufacturers and industries requiring sustainable battery solutions
How it makes money
Battery manufacturing and licensing of proprietary aloe vera-based technology
What sets it apart
Eco-friendly materials reduce environmental impact compared to traditional battery chemistry
Operations
Manufacturing and commercialization of sustainable battery products

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