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Grinntech

Battery TechnologyChennai, India

Grinntech Motors & Services is a Chennai-based battery technology company that designs and manufactures lithium-ion energy storage systems for electric vehicles. It was acquired by Yuma Energy in February 2025, giving the battery-swapping operator in-house pack design, R&D and manufacturing capability.

1StartupFox story
2013Founded
Battery TechnologySector
Sept 2026Latest coverage

Financials

Revenue and profit after tax as filed with the Registrar of Companies.

FY25Revenuefiled
₹16 Cr
PAT
EBITDA
Growth+311% YoY
Basisstandalone
SourceInc42 ↗
Revenue up about 311% year on year. Yuma Energy acquired the company in February 2025, near the end of this financial year.
Tap any bar to see that year
₹ figures as filed, not restated

Leadership

PJPuneet JainCo-founder · COONMNikhilesh MishraCo-founder

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Latest on Grinntech

Funding
Magna Puts Another $35M Into Yuma Energy, Diluting Its Joint Venture Partner Yulu
1 SEPT 2026 · 5 MIN READ

Also in EV & Mobility

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Frequently Asked

What is Grinntech?

Grinntech Motors & Services is a Chennai-based battery technology company that designs and manufactures lithium-ion energy storage systems for electric vehicles. It was acquired by Yuma Energy in February 2025, giving the battery-swapping operator in-house pack design, R&D and manufacturing capability.

Who founded Grinntech?

Grinntech is associated with Puneet Jain, Nikhilesh Mishra.

Is Grinntech profitable?

Per its FY25 standalone filing, Grinntech reported ₹16 Cr in revenue.

What is the latest news on Grinntech?

The most recent StartupFox coverage is “Magna Puts Another $35M Into Yuma Energy, Diluting Its Joint Venture Partner Yulu” (1 September 2026). All stories are listed on this page.