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LOHUM

LOHUM Cleantech Private Limited Greater Noida, Uttar Pradesh Founded 2018 lohum.com ↗
Rajat Verma · Founder & CEO Justin Lemmon · Co-founder Gazanfar Safvi · Co-founder
$76 MnTotal funding (tracked)
3Funding rounds
18 Nov 2025Last round

LOHUM: Business Model Canvas

The nine-block Business Model Canvas, filled in only where a public source states it — empty blocks mean we haven't found a citable fact yet, not that the answer is zero.

Value Propositions

High-yield critical minerals recovery90% to 99% Recovery Rate

LOHUM's recycling process recovers 90% to 99% of critical minerals from battery and other waste streams.

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Proprietary NEETᵀᴹ recycling technology

A multi-stage hydro-metallurgical process that regenerates the large majority of battery raw materials from used batteries at high purity, and works across all cell chemistries.

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Integrated full-service battery lifecycle management

LOHUM combines first-life battery pack manufacturing, second-life repurposing, and end-of-life recycling under one integrated offering.

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Zero-waste, traceable recycling with EPR compliance

Recycling of battery, non-ferrous, e-waste and tyre waste with zero waste and proof-of-recycling, backed by end-to-end digitized barcode tracking for regulatory (EPR) compliance.

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Customer Segments

EV OEMs, mobility & energy majors

LOHUM supplies and partners with automakers, energy storage majors, insurers and battery-material players across the EV ecosystem.

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Global customer & partner base200+ Global Customers & Partners

LOHUM serves a large base of customers and partners spanning multiple geographies, beyond its India home base.

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Customer Relationships

Digitized EPR compliance dashboard

A real-time enterprise dashboard for documentation, status tracking and chain-of-custody reporting used to sustain ongoing client relationships around regulatory (EPR) compliance.

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End-to-end material traceability

Barcode-based digitized tracking gives enterprise clients full visibility into material lifecycles, supporting long-term trust-based relationships.

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Channels

Global reverse logistics network

A domestic and international reverse logistics network to collect used lithium-ion batteries for recycling and repurposing.

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Direct enterprise & value-chain partnerships

Direct collaboration with insurers, financiers, system integrators and cell manufacturers across the energy-transition value chain.

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Key Activities

Critical minerals recycling

Regenerating critical minerals and materials from battery and other waste streams.

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First-life manufacturing & second-life repurposing

Manufacturing new EV battery packs and repurposing used batteries into second-life energy storage systems.

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Extended Producer Responsibility (EPR) fulfilment

Regulatory compliance services helping clients meet battery/e-waste collection and recycled-material-use targets.

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Key Resources

Proprietary NEETᵀᴹ recycling technology

In-house multi-stage hydro-metallurgical recycling and extraction process, chemistry-agnostic, at the core of LOHUM's operations.

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'Reclaim' recycling hub, Greater Noida

Central recycling facility processing roughly 10,000 tonnes of batteries a year, part of 110,000 sq ft of recycling facilities in Noida.

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In-house R&D team

A dedicated R&D organization of 50+ engineers and technical staff underpins LOHUM's recycling and materials-extraction IP.

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Key Partnerships

EV OEM & industry partner network

Commercial partnerships across the local and global EV ecosystem spanning automakers, energy majors, insurers and materials companies.

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Lohum Talbros Carbon Pvt Ltd (JV with Talbros Automotive)

A joint venture with Talbros Automotive Components Ltd to produce recovered carbon black and devulcanized rubber from end-of-life tyres, LOHUM's first move into tyre-waste recycling.

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Revenue Streams

Recycling & critical-minerals extraction80% of revenue (as of FY23 reporting)

The majority of revenue comes from recycling lithium-ion batteries and extracting critical minerals/materials.

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First-life battery pack manufacturing20% of revenue (as of FY23 reporting)

Manufacturing of first-life lithium-ion battery packs for two- and three-wheeler EVs.

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Cost Structure

No cited public information yet.

FAQs on LOHUM

What is LOHUM's business model?

LOHUM's core value proposition centers on High-yield critical minerals recovery, Proprietary NEETᵀᴹ recycling technology, Integrated full-service battery lifecycle management, Zero-waste, traceable recycling with EPR compliance.

How does LOHUM make money?

LOHUM's cited revenue streams include Recycling & critical-minerals extraction, First-life battery pack manufacturing.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the “source” links beside each entry. Profile sources: businessindia.co · Last verified 18 Jul 2026. · Report a correction