BatX Energies
Sumit Kochar, TEP, currently serves as a Senior Legal Advisor at Solumar since October 2023 and holds the position of Managing Partner at Dolce Vita Advisors from September 2019. Kochar is also involved as Joint Secretary and Life Member with the National Association for the Blind in Delhi since December 2023, focusing on the empowerment of visually impaired individuals. Additionally, Kochar has taken on roles as Of Counsel at Luthra and Luthra Law Offices India from September 2023, Angel Investor at ScrapUncle and Batx Energies since July and October 2021 respectively, and Private Investor at Stockal and Proxgy since March 2023 and May 2022. Furthermore, Kochar has been a Managing Partner at Sumit Kochar Advocates and Solicitors since July 2015 and was a Partner at Ahlawat & Associates until March 2023. Educational achievements include a STEP Professional Postgraduate Diploma in Private Wealth Advice, Law, from STEP Canada completed in June 2023, and a Postgraduate Degree in Tax Law/Taxation from STEP Canada.
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BatX Energies
BatX Energies, established in 2020 by Utkarsh Singh and Vikrant Singh, is redefining lithium-ion battery recycling in India. With a mission to create a circular battery supply chain, BatX utilizes its proprietary "Zero Waste-Zero Emission" technology to recover critical metals such as lithium, cobalt, and nickel from end-of-life batteries. These materials, with over 99.5% purity, are supplied to industries like battery cell manufacturing, renewable energy storage, and pharmaceuticals, reducing India’s reliance on imported raw materials and mitigating environmental hazards associated with mining. BatX operates advanced facilities, including an IoT-enabled automated recycling unit and a hydrometallurgy plant capable of processing 5100 MT of batteries annually. The company also focuses on second-life applications for partially used batteries, extending their utility for renewable energy storage in wind and solar power plants. Recognized globally for its innovation, BatX has received accolades such as Forbes 30 Under 30 Asia 2023, Forbes DGems 2023, BW Recycling World Award 2024, recognition from the India Business Leader Awards (IBLA) 2024 and Indo-Pacific Economic Forum Top 100 Cleantech Startup 2024. The company has received strong institutional support to scale its operations. The Ministry of Heavy Industries (MHI) awarded BatX a grant for advancements in lithium extraction technology. BatX is also backed by the EXIM Bank of India to expand its hydrometallurgy operations, solidifying circular supply chain. Looking to the future, BatX is pioneering its pCAM (Precursor Cathode Active Material) technology to manufacture cathode materials. This innovative approach integrates recycling and manufacturing into a closed-loop system, reducing environmental impact. With a vision aligned with the UN’s 17 SDGs and India’s Net-Zero by 2070 goals, BatX is poised to lead the global energy transition, driving sustainability and redefining the future of battery production.