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Leanwatts raises $2 million in seed funding led by Trivest Partners to scale EV power electronics manufacturing and enhance R&D capabilities.

PRIVATEAug 29, 2026

Amount Raised

$2 Million

Round Type

Seed

HyderabadManufacturingEnergyRenewable EnergyElectronics

Investors

Abraham GeorgeAlok RugtaTrivest Partners

Description

Hyderabad-based Leanwatts has successfully closed approximately $2 million in seed funding across two tranches. The funding, led by Trivest Partners and supported by angel investors, will be used to enhance manufacturing capacity and product development for electric mobility. Established in 2024, Leanwatts focuses on designing power electronics systems for a variety of EV applications. The investment marks a significant step in the company’s growth and innovation strategies.

Quick answer

Leanwatts raised $2 Million in a Seed round, dated August 29, 2026. Investors: Abraham George, Alok Rugta and Trivest Partners. Leanwatts is based in Hyderabad, Telangana, India.

How much did Leanwatts raise?
Leanwatts raised $2 Million in a Seed round on August 29, 2026.
Who invested in Leanwatts?
Abraham George, Alok Rugta and Trivest Partners are named as investors in this round.
What does Leanwatts do?
Leanwatts is a Hyderabad-based power electronics company focused on designing and manufacturing systems for electric mobility and energy applications.
Where is Leanwatts based and how big is it?
Leanwatts is based in Hyderabad, Telangana, India. Fundz records about 15 employees.
Who are the decision-makers at Leanwatts?
Fundz holds 1 contact at Leanwatts, including the Co-Founder. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Renewable Energy around the same time

Companies in the same sectors as Leanwatts that raised within 45 days of this round, from Fundz verified event records.

  • Zenergize raised $3.5M (Pre-Series A) on September 1, 2026.
  • Mana Battery raised $10M (Seed) on October 12, 2026.
  • Lucid Group raised $400M (Debt Financing) on October 9, 2026.
  • Helical Fusion raised $21M (Series B) on October 8, 2026.
  • Blaze Energy raised $6.5M on October 6, 2026.
  • Outer Spaces raised $8M (Pre-Seed) on October 6, 2026.

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Company Information

Company

Leanwatts

Location

Hyderabad, Telangana, India

About

Leanwatts is a Hyderabad-based power electronics company focused on designing and manufacturing systems for electric mobility and energy applications. Founded in 2024, it offers a range of EV chargers and is enhancing its capabilities in manufacturing, R&D, and product validation. The company aims to provide customized solutions tailored to OEM requirements while addressing the unique challenges of the Indian operating environment. Leanwatts collaborates with various EV OEMs and is looking to expand its product offerings in the energy sector.

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Related People

1 contact
Verified contactsSujith, Co-Founder hiddenSee plans and pricing
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