Q: Who is Akshay Singhal?

Akshay Singhal is the CEO and co-founder of Log 9 Materials , an Indian startup focused on developing innovative storage technologies . He is particularly known for pioneering aluminium fuel cells and fast-charging battery technology for electric vehicles (EVs)

Q: What is Log 9 Materials' mission?

Log 9 Materials aims to transform the energy storage and electric vehicle ecosystem by providing sustainable, high-performance energy solutions . Their technologies, such as the RapidX fast-charging battery and aluminium fuel cells , are designed to address the limitations of traditional battery systems, such as slow charging times and environmental impact

Q: What is the significance of Log 9’s RapidX technology?

The RapidX technology enables extremely fast charging of batteries, reducing charging times for electric vehicles. The 2-wheeler batteries can be fully charged in just 15 minutes , and the 3-wheelers in 40 minutes . This addresses a significant challenge in the EV market, where charging time is a critical factor for adoption

Question 1

Who is Akshay Singhal?

Accepted Answer

Akshay Singhal is the CEO and co-founder of Log 9 Materials, an Indian startup focused on developing innovative storage technologies. He is particularly known for pioneeringaluminium fuel cells and fast-charging battery technologyfor electric vehicles (EVs)

Question 2

What is Log 9 Materials' mission?

Accepted Answer

Log 9 Materials aims totransform the energy storage and electric vehicle ecosystemby providingsustainable, high-performance energy solutions. Their technologies, such as theRapidX fast-charging batteryandaluminium fuel cells, are designed to address thelimitationsof traditional battery systems, such as slow charging times and environmental impact

Question 3

What is the significance of Log 9’s RapidX technology?

Accepted Answer

The RapidX technology enables extremely fast charging of batteries, reducing charging times for electric vehicles. The2-wheeler batteries can be fully charged in just 15 minutes, and the 3-wheelers in 40 minutes. This addresses a significant challenge in the EV market, where charging time is a critical factor for adoption

Question 4

How is Akshay Singhal innovating in India’s EV sector?

Accepted Answer

Akshay Singhal’s focus is on indigenousizing the production of high-power lithium cells and introducing the aluminium fuel cellto the Indian market. His vision is to make India a hub forelectric mobility, reducing reliance on foreign imports and creating a more sustainable and cost-effective ecosystem for electric vehicles

Question 5

What is Log9's valuation?

Accepted Answer

Log9 Materials was valued at Rs 1,700 crore (or $213 million) in its 2024 funding round.

Question 6

Who are Log9's investors?

Accepted Answer

Major investors include Amara Raja Batteries, Exide Industries, and Sequoia Capital India.

Date	Round	Investments	Co-Investors
2024-03-05	Seed Round - SWIZZLE	-	Sri Harsha Thota, Deepak Gambhir, Akshay Singhal,etc
2022-08-24	Seed Round - Loopworm	$ 3.4 M	Omnivore, WaterBridge Ventures,Biotechnology Industry Research Assistance Council(BIRAC),etc
2022-07-18	Seed Round - SWIZZLE	-	Deepak Gambhir, Akshay Singhal, Monika Rao,etc
2022-07-05	Seed Round - Climes	$ 1.2 M	Satyen V Kothari, Arjun P Gupta, Nithin Kamath, Anshuman Bapna,etc
2022-06-30	Pre Seed Round - Metastable Materials	-	Surge, Akshay Singhal, Kartik Hajela, etc
2022-01-12	Pre Seed Round - Praan	$ 1.9 M	Social Impact Capital

Akshay Singhal Snapshot

Akshay Singhal

Akshay Singhal Investments

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