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Akshay Singhal, Kartik Hajela & Pankaj Sharma, Log9: Powering India’s EV Revolution
Log9 was founded by Akshay Singhal along with Kartik Hajela in 2015 and has acquired 16 patents in graphene synthesis and graphene products. Along with co-founder Pankaj Sharma, this trio has built Log9 Materials into one of India’s most innovative battery technology companies, focusing on advanced energy storage solutions for the electric mobility sector.
The Genesis of Revolutionary Battery Technology
Dr Akshay Singhal, Co-founder and CEO of Log9, took his first step towards entrepreneurship in September 2014 when he explored the possibilities of graphene and initiated synthesis experiments at his home lab in Delhi. It is the first start-up to be incubated by IIT Roorkee in its business incubator TIDES.
Sharma joined Singhal on the journey in late 2015, followed by Kartik Hajela (COO and Co-founder) in 2016, after a stint with ITC. The founding team brought together expertise in materials science, chemical engineering, and business strategy to tackle India’s energy storage challenges.
Pioneering Advanced Battery Solutions
“Our intent has always been inclined toward fighting climate change and making India self-sufficient for its energy needs. So, we initiated R&D in battery technology and manufacturing, stepping into the EV space,” Pankaj Sharma, Co-founder and Director, Log9 Materials, tells YourStory.
The startup began testing the waters in advanced battery tech and developed an EV battery testing pack in 2019. A year later, it launched the RapidX range of ‘fast-charging’ batteries designed in India—for India and the tropical belt. The company’s innovative approach focuses on creating battery solutions specifically optimized for Indian climatic conditions.
Breakthrough Technology and Performance
The company claims its batteries last nine times more than other batteries and can be charged pretty fast—less than 15 minutes for two-wheelers and 35-40 minutes for three- and four-wheelers. The batteries are also long-lasting and last for more than 15 years, says Sharma.
According to Sharma, RapidX batteries are tested for safety standards and performance and mitigate the risk of fire incidents, addressing one of the primary concerns in the electric vehicle battery market.
Strategic Partnerships and Market Impact
In September 2024, Musashi Seimitsu Industry Co., Ltd, Japan has announced a strategic partnership with Log9 Materials, The partnership aims to revolutionize the electric vehicle (EV) market, by combining Musashi’s high-performance e-Axle system and Log9’s battery technology creating an integrated powertrain solution tailored specifically for electric two-wheelers and three-wheelers.
To date, Log9 has commercialised over 3,000 batteries in collaboration with leading OEMs such as JMT, Hero Electric (for two-wheelers), Omega Seiki Mobility, Grevol, 3eco (three-wheelers), and Northway (four-wheelers).
Manufacturing Excellence and Funding Success
In 2019, Log9 Materials raised $3.5 Million Series A funding led by Sequoia Capital and Exfinity Venture Partners. Log9 Materials has raised $90.5M in funding from investors like Amara Raja Group, RTBI and PETRONAS, with a current valuation of ₹1,900Cr.
A year later, the company has fulfilled its promise and the 50 MWh cell production line was inaugurated on April 21 2023, on Day Zero, the company’s technology showcase day, marking a significant milestone in India’s battery manufacturing capabilities.
Vision for India’s Energy Independence
The Log9 Materials founding team of Akshay Singhal, Karthik Hajela, and Pankaj Sharma represents the new generation of deep-tech entrepreneurs who are combining scientific innovation with practical solutions for India’s energy challenges. Their focus on battery technology and fast-charging solutions positions Log9 as a key player in India’s electric mobility transformation and the broader goal of energy self-reliance.
