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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•about 2 hours ago

Amount Raised

$2 Million

Round Type

Seed

HyderabadManufacturingEnergyRenewable EnergyElectronics

Investors

Alok RugtaAbraham GeorgeTrivest 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.

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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