e-TRNL recorded Rs 8000 in scale in FY23, losses at Rs 29 lakhs e-TRNL Energy, a battery tech startup founded in 2021, recorded Rs 8000 revenue in FY23 from operations. The company offers advanced battery cells with higher energy density and faster charging capabilities. Competing with Irasus, Brightblu, Oakter, and Ev Plugs, it raised Rs 8 crore in late 2022, with Speciale Invest leading the funding. Founders Apoorv Shaligram and Uttam Sen retained significant stakes. FY23 expenses totaled Rs 28.9 lakhs, resulting in Rs 29.3 lakhs in losses, an EBITDA of -36,037.50%, and an ROCE of -3.98%. #thekredible #EVBatteryTech #ETRNL #BatteryInnovation #StartupSuccess #CleanEnergy #SustainableTech #EVIndustry #EnergyDensity #FasterCharging #TechEntrepreneur #FY23Results https://thekredible.com/blogs/e-trnl-recorded-rs-8000-in-scale-in-fy23-losses-at-rs-29-lakhs

e-TRNL recorded Rs 8000 in scale in FY23, losses at Rs 29 lakhs Founded in 2021, EV battery tech company e-TRNL reported Rs 8000 revenue in FY23, all from operations. Competing with Irasus and others, it raised Rs 8 crore in late 2022, led by Speciale Invest. FY23 expenses were Rs 28.9 lakhs, with similar losses, and an EBITDA of -36,037.50%. #thekredible #EVBatteryTech #ETRNL #BatteryInnovation #StartupSuccess #CleanEnergy #SustainableTech #EVIndustry #EnergyDensity #FasterCharging #TechEntrepreneur #FY23Results https://thekredible.com/blogs/e-trnl-recorded-rs-8000-in-scale-in-fy23-losses-at-rs-29-lakhs