Title:

India's EV Battery Revolution: Inside Neuron's Journey & The Future of Mobility

Description:

Welcome to Blitz Business! In this insightful episode, we sit down with Pratik, Co-founder of Neuron, to deep dive into the rapidly evolving Electric Vehicle (EV) battery landscape in India.

Pratik shares Neuron's journey, from his background in finance and real estate to discovering the immense potential in the EV battery space. We discuss the current state of EV adoption in India, focusing on the impressive growth of two-wheelers and three-wheelers, and the emerging four-wheeler segment.

Gain valuable insights into:

• The current manufacturing scenario for EV batteries in India.
• How Neuron designs its battery packs and manages its supply chain.
• The economics of EV batteries, including replacement costs and decreasing cell prices.
• Neuron's fundraising journey, including details of their recent rounds and future plans for expansion, including a new factory in Pune.
• The crucial role of service networks and overcoming supply chain challenges in this nascent but booming industry.
• The environmental impact of EVs and the shift towards cleaner energy sources like solar.
• Exciting future technologies like Sodium-ion and Solid-state batteries.
• Opportunities for new players in the EV ecosystem, particularly in battery recycling.

Don't forget to like this video, subscribe to Blitz Business for more insightful discussions, and hit the notification bell! Share your thoughts and questions in the comments below!

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Key Moments & Timestamps (Video Length: 23:53):

• 0:00 - Introduction to Pratik and Neuron
• 0:14 - Pratik's professional journey and how he entered the EV battery space
• 1:23 - Current battery manufacturing situation in India
• 1:33 - Growth of Electric Two-wheelers and Three-wheelers in India
• 2:10 - Growth in Electric Three-wheelers and Four-wheelers
• 2:22 - Increasing penetration of EV mobility in India
• 2:33 - Neuron's product offerings: Batteries for Electric Mobility & Energy Storage
• 2:52 - Neuron's supply chain and battery manufacturing process
• 3:26 - Impact of cab aggregator issues on Neuron's business
• 3:45 - Neuron's client segments: OEMs, Fleet Operators, and Retail
• 4:33 - Economics of EV batteries: Replacement cost and battery lifespan
• 5:35 - Lithium-ion vs. Lead-acid batteries: Differences and advantages
• 6:32 - Decreasing battery costs and impact on EV adoption
• 7:14 - Neuron's fundraising journey: Seed and Series A rounds
• 8:15 - Utilization of raised capital: Working capital and factory setup
• 8:53 - Payment terms and credit cycles with OEMs
• 9:17 - Biggest challenges in the EV battery business (SCM & Service Network)
• 10:11 - Future technologies: Sodium-ion and Solid-state batteries
• 10:44 - Neuron's R&D team and its objectives
• 11:25 - Reasons for slower growth of four-wheelers compared to two-wheelers
• 12:35 - Future infrastructure development for four-wheelers
• 12:57 - Impact of monsoon on EV batteries and climate change
• 13:42 - Environmental benefits of Lithium-ion battery manufacturing
• 14:19 - Shift from thermal to solar power in India for cleaner energy
• 15:09 - Battery Energy Storage Systems (BESS) and grid neutrality
• 16:20 - Pratik's transition from real estate to the EV industry
• 17:45 - The evolving nature of the EV ecosystem and future opportunities
• 18:48 - Current market trends and sales in the EV space
• 19:12 - Neuron's future plans: Factory launch and revenue projections
• 20:10 - Gross margins in storage vs. mobility space
• 20:51 - Opportunities for new players in the EV industry, especially recycling
• 22:39 - Neuron's plans for entering the four-wheeler segment
• 23:25 - Concluding remarks

#EVBatteries #ElectricVehicles #IndiaEV #Neuron #StartupIndia #ElectricMobility #BatteryTechnology

From Banking to Bites: Atul's Journey in Food Tech & Healthy Snacking | BlitzBusiness

Join Ashish on Blitz Business for an insightful conversation with Atul, a serial entrepreneur whose career spans investment banking, solar energy, and now, the cutting-edge world of food processing. Atul shares his passion-driven shift into the food industry, emphasizing the growing global demand for mindful eating and the immense opportunity to combat food waste.

Atul elaborates on the company's dual business model, focusing on B2B bulk processing and private labeling, alongside the exciting growth of their healthy snacking brand, Bonvee. Learn about their strategy to deliver clean, additive-free products in a market increasingly valuing transparency.

The discussion also tackles the competitive landscape, India's unique advantages in raw materials, and the challenges of market awareness. Atul offers candid insights into the economics of the D2C space, the balancing act between online and offline retail, and the future of quick commerce in India.

Key Moments & Timestamps:

• 0:00 - 0:14: Introduction to Atul's diverse background.
• 0:14 - 1:14: Atul's career path: From finance to solar energy to food.
• 1:14 - 2:22: Why Atul ventured into food business and the market for conscious eating.
• 2:22 - 3:17: Addressing global food waste through advanced processing.
• 3:17 - 4:03: How freeze-drying technology works and its wide applications.
• 4:03 - 5:02: The science behind freeze-drying and its prevalence in instant coffee.
• 5:02 - 5:46: Shelf life and nutritional benefits of freeze-dried products.
• 5:46 - 6:35: Market for processed ingredients and advantages over frozen foods.
• 6:35 - 7:44: Global and Indian market competitiveness in food processing.
• 7:44 - 9:18: Launching Bonvee, the healthy snacking brand, and product diversification.
• 9:18 - 10:55: The innovative "ice cream snacks" that don't melt.
• 10:55 - 12:02: Unlimited possibilities with freeze-drying, including experimental food and beverage items.
• 12:02 - 13:20: Freeze-drying vs. traditional dehydration: Superior taste and nutrition.
• 13:20 - 14:13: Ready-to-eat Indian food and the absence of additives in their products.
• 14:13 - 15:17: Customer perception and brand positioning against traditional restaurant tastes.
• 15:17 - 16:24: Business model (B2B & private labeling) and focus on retail expansion.
• 16:24 - 17:12: India's potential as a global food processing hub due to raw material advantage.
• 17:12 - 17:55: Challenges of market awareness and adoption of new food tech in India.
• 17:55 - 18:56: Growth of India's food processing sector and key competitors.
• 18:56 - 19:54: India's competitive edge in raw material pricing for food processing.
• 19:54 - 21:16: High capital investment in freeze-drying plants and operational efficiency.
• 21:16 - 22:53: Overcoming market challenges and the evolution of consumer awareness.
• 22:53 - 24:15: The role of government support and financing for food tech startups.
• 24:15 - 25:28: Importance of solid business intent and financial discipline for investment.
• 25:28 - 26:12: The profitability of their business and managing cash flow.
• 26:12 - 27:05: Retail expansion into quick commerce (Blinkit) and hyper-local strategies.
• 27:05 - 28:07: Understanding commission-based models with quick commerce platforms.
• 28:07 - 29:28: High marketing costs in D2C and the importance of product quality.
• 29:28 - 30:12: Comparison of retail margins in India vs. US.
• 30:12 - 31:59: The changing retail landscape and the shift towards online commerce.
• 31:59 - 34:50: The thesis of D2C and why online channels have become dominant.
• 34:50 - 36:20: The future of food tech and the balance between online and offline channels.
• 36:20 - 40:25: Conclusion and final thoughts on the future of food.

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#FoodTech #FreezeDrying #HealthySnacks #FoodProcessing #IndianStartups #Entrepreneurship #BlitzBusiness

👉 If you're interested in **cosmetic brands, entrepreneurship, and the future of beauty Brand**, this is a MUST-WATCH!

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Podcast by Ashish Airon 🎙️ on BlitzBusiness Indian Podcast 🇮🇳. India's top business podcast, startup podcast, and entrepreneur podcast.

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