6
Total investments
3
Early stage
2
Mid stage
0
Late stage
8y
Years active
Portfolio
5 investments · sorted by recency
All investments
Early stage
Mid stage
Late stage
Angel Investor
Mar 2022
BatX Energies, established in 2020 by Utkarsh Singh and Vikrant Singh, is redefining lithium-ion battery recycling in India. With a mission to create a circular battery supply chain, BatX utilizes its proprietary "Zero Waste-Zero Emission" technology to recover critical metals such as lithium, cobalt, and nickel from end-of-life batteries. These materials, with over 99.5% purity, are supplied to industries like battery cell manufacturing, renewable energy storage, and pharmaceuticals, reducing India’s reliance on imported raw materials and mitigating environmental hazards associated with mining.
BatX operates advanced facilities, including an IoT-enabled automated recycling unit and a hydrometallurgy plant capable of processing 5100 MT of batteries annually. The company also focuses on second-life applications for partially used batteries, extending their utility for renewable energy storage in wind and solar power plants.
Recognized globally for its innovation, BatX has received accolades such as Forbes 30 Under 30 Asia 2023, Forbes DGems 2023, BW Recycling World Award 2024, recognition from the India Business Leader Awards (IBLA) 2024 and Indo-Pacific Economic Forum Top 100 Cleantech Startup 2024.
The company has received strong institutional support to scale its operations. The Ministry of Heavy Industries (MHI) awarded BatX a grant for advancements in lithium extraction technology. BatX is also backed by the EXIM Bank of India to expand its hydrometallurgy operations, solidifying circular supply chain.
Looking to the future, BatX is pioneering its pCAM (Precursor Cathode Active Material) technology to manufacture cathode materials. This innovative approach integrates recycling and manufacturing into a closed-loop system, reducing environmental impact. With a vision aligned with the UN’s 17 SDGs and India’s Net-Zero by 2070 goals, BatX is poised to lead the global energy transition, driving sustainability and redefining the future of battery production.
Investor
Feb 2022
Twyn is a highly scalable enterprise SaaS product that enables Worlds 1st Phygital (Physical + Digital) Twin Platform: Creating Modular & Scalable Virtual Replicas of Real-World Operations & Assets. It enables real-time monitoring, analysis, planning, and maintenance of physical assets, enabling them to optimize performance, reduce downtime, and improve efficiency. Digital Twins merge the physical and digital worlds enabling a holistic visualization of production, operations, and the entire manufacturing value chain.
We are at the forefront of a digital revolution, and our impressive client roster, including industry giants like Samsung, P&G, HP, Panasonic, Maruti Suzuki, and Minda, stands as a testament to our commitment to innovation and excellence. Our XR-based AI-powered Digital Twins platform is reshaping how businesses operate, collaborate, and make data-driven decisions.
Twyn is backed by Nvidia and is a part of its prestigious Nvidia Inception program. We are also the winners of Maruti Suzukis MAIL (Mobility and Automobile Innovation Lab) cohort 8.
Angel Investor
Nov 2021
Siply helps –
the underserved masses
inculcate savings behaviour through a
tech-enabled micro savings platform where
the investment can, for the first time in India, be as low as Re.1
to build a more productive and financially secure country
Investor
Jan 2021
LEO1 pioneers Edu-Fintech sector with its Financial SAAS offerings, effectively addressing longstanding cash flow challenges for educational institutions. By incentivizing timely fee payments from students and parents, LEO1 encourages financial alignment between institutes and families while cultivating responsible financial habits among the next generation.
Beyond this core function, LEO1 also provides access to education loans, enticing rewards, and a robust financial literacy module, enriching its comprehensive suite of offerings.
Seed Investor
Mar 2018
JITO Incubation and Innovation Foundation (JITO JIIF), a Section 8, not-for-profit subsidiary of JITO, has consistently played a pivotal role in promoting Innovation & Entrepreneurship in India. With the support of esteemed 850+ members, it has made significant strides, impacting 350+ startups and incubating 50+ startups, investing Rs. 290 crores in 108+ companies, and hosting 20+ Shark Angels events in various cities of India and overseas.
JIIF has been awarded as the Best Angel Network by Venture Intelligence at Apex23 PE-VC Award Ceremony and consistently voted as amongst the Best Angel Network by INC42.
JIIF Awarded Best Incubation Centre by 6th Startup Awards by Entrepreneur India 2025.
JIIF Valued Verticals-
1. JITO Incubation Centre
Started in 2017 with an objective to support budding Entrepreneurs.
2. JITO Angel Network
Started in 2017 with an objective to support Active Angel Investors.
3. JITO Shark Angels
Started in 2022 to educate everyone about the startup ecosystem through Live Fundraising Events.
For Incubation, Apply : https://incubation.jitojiif.com/entrepreneur/signup/
For Investment, Apply: https://investment.jitojiif.com/entrepreneur/signup
For Membership or To Become an Investor, Apply: https://www.jitojiif.com/join-us-as-an-investor.html
For Support, call: 91 +91 86553 06152
Experience · 6 entries
All (6)
Investments (6)
2022
Angel Investor
Mar 2022
BatX Energies, established in 2020 by Utkarsh Singh and Vikrant Singh, is redefining lithium-ion battery recycling in India. With a mission to create a circular battery supply chain, BatX utilizes its proprietary "Zero Waste-Zero Emission" technology to recover critical metals such as lithium, cobalt, and nickel from end-of-life batteries. These materials, with over 99.5% purity, are supplied to industries like battery cell manufacturing, renewable energy storage, and pharmaceuticals, reducing India’s reliance on imported raw materials and mitigating environmental hazards associated with mining.
BatX operates advanced facilities, including an IoT-enabled automated recycling unit and a hydrometallurgy plant capable of processing 5100 MT of batteries annually. The company also focuses on second-life applications for partially used batteries, extending their utility for renewable energy storage in wind and solar power plants.
Recognized globally for its innovation, BatX has received accolades such as Forbes 30 Under 30 Asia 2023, Forbes DGems 2023, BW Recycling World Award 2024, recognition from the India Business Leader Awards (IBLA) 2024 and Indo-Pacific Economic Forum Top 100 Cleantech Startup 2024.
The company has received strong institutional support to scale its operations. The Ministry of Heavy Industries (MHI) awarded BatX a grant for advancements in lithium extraction technology. BatX is also backed by the EXIM Bank of India to expand its hydrometallurgy operations, solidifying circular supply chain.
Looking to the future, BatX is pioneering its pCAM (Precursor Cathode Active Material) technology to manufacture cathode materials. This innovative approach integrates recycling and manufacturing into a closed-loop system, reducing environmental impact. With a vision aligned with the UN’s 17 SDGs and India’s Net-Zero by 2070 goals, BatX is poised to lead the global energy transition, driving sustainability and redefining the future of battery production.
Investor
Feb 2022
Twyn is a highly scalable enterprise SaaS product that enables Worlds 1st Phygital (Physical + Digital) Twin Platform: Creating Modular & Scalable Virtual Replicas of Real-World Operations & Assets. It enables real-time monitoring, analysis, planning, and maintenance of physical assets, enabling them to optimize performance, reduce downtime, and improve efficiency. Digital Twins merge the physical and digital worlds enabling a holistic visualization of production, operations, and the entire manufacturing value chain.
We are at the forefront of a digital revolution, and our impressive client roster, including industry giants like Samsung, P&G, HP, Panasonic, Maruti Suzuki, and Minda, stands as a testament to our commitment to innovation and excellence. Our XR-based AI-powered Digital Twins platform is reshaping how businesses operate, collaborate, and make data-driven decisions.
Twyn is backed by Nvidia and is a part of its prestigious Nvidia Inception program. We are also the winners of Maruti Suzukis MAIL (Mobility and Automobile Innovation Lab) cohort 8.
2021
Angel Investor
Nov 2021
Siply helps –
the underserved masses
inculcate savings behaviour through a
tech-enabled micro savings platform where
the investment can, for the first time in India, be as low as Re.1
to build a more productive and financially secure country
Investor
Jan 2021
LEO1 pioneers Edu-Fintech sector with its Financial SAAS offerings, effectively addressing longstanding cash flow challenges for educational institutions. By incentivizing timely fee payments from students and parents, LEO1 encourages financial alignment between institutes and families while cultivating responsible financial habits among the next generation.
Beyond this core function, LEO1 also provides access to education loans, enticing rewards, and a robust financial literacy module, enriching its comprehensive suite of offerings.
2020
angel investor
Jul 2020
Mumbai Angels is Indias Premier Private Investment Platform for early-stage venture investments, headquartered in Mumbai and is at the forefront of building this asset class. We are now a part of 360 ONE (earlier known as IIFL Wealth & Asset Management), one of the leading wealth and alternates-focused asset firms in India.
Process and algorithm driven, Mumbai Angels focuses not only on investing in the best start-ups but on the exits on the investments. Today the brand is known for the depth of its due diligence and the way it manages its portfolio, thereby becoming the gold standard of how deals are invested and managed in the industry.
Started in 2006, the network has 1200+ subscribers from around 60+ cities across the globe. The network has one of the strongest portfolios in the country with 200+ companies, 100+ exits plus next round investments with an IRR of 35% (before the Fund Structure)
To Subscribe:
subscription@mumbaiangels.com
For Investment:
Pitch@mumbaiangels.con
Join The Team:
Careers@mumbaiangels.com
Show all 6 entries ↓
Investment activity
2018–2022 · 6 investments
Recent (last 2 years)Earlier
