Funding · Climate, Energy & Sustainability
Aloe Ecell raises seed funding for green battery expansion
By Startup Enthusiast ·
- Date
- Company
- Aloe Ecell
- What it does
- Makes aloe vera batteries
- Kind
- Funding
- Amount
- ₹2.6 crore
- Stage
- seed
- Founded
- 2019
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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