# Hinduja Group

> Hinduja Group is a VC fund backing Apps, Energy and Battery. See 2 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Total investments: 2
- Last investment: Jun 2022
- Lead investor: 0%
- Last updated: Aug 2026

Hinduja Group is a VC fund focused on Apps and Energy.

## Contacts

5 contacts available for Hinduja Group. Shizune tracks 1 team members at Hinduja Group. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/hinduja-group?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Apps | 1 | 50% |
| Energy | 1 | 50% |
| Battery | 1 | 50% |
| FinTech | 1 | 50% |
| Recycling | 1 | 50% |

13 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Debt Financing | 1 | 50% |
| Venture - Series Unknown | 1 | 50% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| India | 1 | 50% |
| United Kingdom | 1 | 50% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| R Seshasayee | Executive Vice Chairman | 0 | https://shizune.co/investors/profile/r-seshasayee |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Connected Energy | Connected Energy was established to commercialise the research and development work undertaken by their award-winning parent company Future Transport Systems (FTS). Connected Energy has developed its E-STOR stationary energy storage technology that that utilises 2nd life electric vehicle batteries. The E-STOR technology is unique in that it canutilise any EV OEM battery pack communicating with it via the OEM's proprietary CAN protocol. Connected Energy currently utilises batteries supplied by Renault, Nissan, Jaguar Land Rover and others. It has systems operating in the UK, Belgium, Germany and the Netherlands ranging from 60kW to 1.2MW and will be installing systems of 10MW+ in 2021. | $18.3M | Venture - Series Unknown | Jun 17, 2022 |  |
| True Balance | True Balance is a digital wallet owned and operated by Balancehero India Private Limited (BHI), that enables users to access utility bill payment, loan recharge, insurance, and other financial products. With 70 million users, True Balance aims to serve India with utility payments financial platform for the unbanked users to serve their money forliving requirements. Affinit is a non-banking financial company (NBFC) licensed by the Reserve Bank of India (RBI), provides digital financial services through TrueBalance.It was launched in 2014 by Mr. Charlie Lee as CEO, an alumnus of the University of Chicago. | $30M | Debt Financing | Nov 23, 2021 |  |

2 of 2 investments shown.

## Co-investors
- [Volvo Group](https://shizune.co/investors/profile/ab-volvo) — VC Fund, 1 deal together
- [Arthmate](https://shizune.co/investors/profile/arthmate) — VC Fund, 1 deal together
- [Caterpillar Ventures](https://shizune.co/investors/profile/caterpillar-ventures) — VC Fund, 1 deal together
- [Grow Money Capital](https://shizune.co/investors/profile/eclear-leasing-finance) — VC Fund, 1 deal together
- [Northern Arc](https://shizune.co/investors/profile/ifmr-capital) — VC Fund, 1 deal together
- [Low Carbon Innovation Fund](https://shizune.co/investors/profile/low-carbon-innovation-fund) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [ENISA](https://shizune.co/investors/profile/enisa-2) — VC Fund
- [Development Bank of Wales](https://shizune.co/investors/profile/development-bank-of-wales) — VC Fund
- [The FSE Group](https://shizune.co/investors/profile/finance-south-east) — VC Fund

## FAQ

### What does Hinduja Group invest in?

Hinduja Group invests primarily in Apps, Energy and Battery startups, most often at Debt Financing and Venture - Series Unknown stage. Most of the 2 investments tracked by Shizune back companies in India. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact Hinduja Group?

For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Hinduja Group?

The team at Hinduja Group includes R Seshasayee (Executive Vice Chairman). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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