Startup Atlas · Battery Technology

Log9 Materials

Log 9 Materials Scientific Private Limited ● Bengaluru, Karnataka ● Founded 2015 ● log9materials.com ↗
Akshay Singhal · Founder & CEO Kartik Hajela · Co-founder & COO Pankaj Sharma · Co-founder
$52 MnTotal funding (tracked)
3Funding rounds
23 Jan 2023Last round

Log9 Materials: Financial Breakdown

Figures below are FY2024, standalone basis, compiled from filings and disclosures — every year cited to its source.

₹110.3 CrTotal revenue · +48.3% YoY
₹118.6 Cr lossNet loss · loss widened 34.2% YoY

Revenue by fiscal year

051015$M₹24.7 Cr: $3.3M3.3FY2022₹74.4 Cr: $9.3M9.3FY2023₹110.3 Cr: $13.3M13FY2024

Net profit / loss by fiscal year

-15-10-50$M₹16.1 Cr loss: $-2.2M-2.2FY2022₹88.4 Cr loss: $-11M-11FY2023₹118.6 Cr loss: $-14.3M-14FY2024

Bars below the line are a net loss for that year.

Fiscal year Revenue Total expenses EBITDA Net profit / loss Source
FY2024 ₹110.3 Cr — — ₹118.6 Cr loss source
FY2023 ₹74.4 Cr — — ₹88.4 Cr loss source
FY2022 ₹24.7 Cr — — ₹16.1 Cr loss source

Nothing here is blurred or gated — every figure Atlas has is shown in full, free.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the "source" links beside each entry. Profile sources: www.zigwheels.com inc42.com · Last verified 7 Sep 2026. · Report a correction