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Agratas

Agratas

bengaluru, india

About

Agratas is a wholly owned subsidiary of Tata Sons. We design, develop and manufacture high-quality, high-performance, sustainable batteries applied to multiple use cases in the mobility and energy sectors, to match our customers’ requirements. We will accelerate the global transition to net zero by creating an industry-leading benchmark in sustainability. Our world-class gigafactories will be powered by purpose-built renewable energy plants. We will also embed circular economy processes throughout our value chain to reuse, recycle and recover materials back into production. We will serve customers in Passenger Vehicle, Commercial Vehicle, 2 and 3 Wheeler and Energy Storage Solution (ESS) industries, supplying state-of-the-art high energy density NMC and long lasting LFP battery cells. Agratas will also support its customers with the integration of cells into their applications, such as modules and packs. We have already secured two anchor customers, Tata Motors and JLR. They provide us with the scale to establish our global battery business. Agratas will be driven by our pursuit of green growth and technological progress. We will develop next-generation battery technologies at new R&D Innovation Hubs in India and the UK, collaborating with world-leading universities, research institutions and strategic partners. We are a scale-up business with a start-up mentality. Our name, derived from the Sanskrit word ‘Agra’, the world’s oldest language, stands for leadership. It reflects our ambition to be purpose driven, pioneering power for future generations.

Company Details

HQ Location

bengaluru, india

Industry

appliances, electrical, and electronics manufacturing

Employees

344

Founded

2023

bengaluru

bengaluru, india

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Funding

CORPORATE_ROUND

2024-9-9

Last round

$113.12M

Rounds

1

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