Startup Utilizes Coconut Shells to Produce Nanocarbon for Batteries, Enhancing Efficiency by 125%


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Based in Jaipur, Cancrie, co-founded by Akshay Jain and Mahi Singh, is at the forefront of transforming lithium-ion battery technology. Their pioneering approach involves harnessing nanocarbon derived from coconut shells, offering a sustainable solution to energy storage challenges.

Addressing Environmental Concerns

As the demand for electric vehicles (EVs) and renewable energy sources surges, the need for efficient energy storage solutions becomes imperative. However, traditional battery manufacturing processes contribute to environmental degradation through resource extraction. Akshay Jain highlights this issue, emphasizing the urgency to find eco-friendly alternatives.

Innovative Solution

Recognizing the need for sustainable battery materials, Akshay and Mahi developed a patented technology to produce nanocarbon from agricultural waste, particularly coconut shells. This innovative approach not only repurposes waste but also enhances battery performance significantly, reducing reliance on raw material extraction.

Agri-waste Upcycling

Akshay and Mahi’s journey began with research on upcycling agricultural waste into valuable resources. After extensive experimentation, they successfully converted agri-waste into high-value nanocarbon, marking a pivotal breakthrough in battery technology.

Commercialization and Market Impact

In 2020, Cancrie was established to commercialize their innovative solution. By leveraging coconut shells as a precursor for nanocarbon production, the startup capitalized on the material’s abundance and commercial feasibility. The resulting nanocarbon exhibits superior properties, enhancing electrochemical reactions within batteries.

Enhancing Battery Performance

Cancrie’s nanocarbon has demonstrated remarkable results in improving battery efficiency and lifespan. Through rigorous testing and collaboration with leading battery manufacturers, the startup has successfully integrated its technology into lithium-ion hybrid batteries, achieving a 125% increase in energy density.

Real-world Applications

The impact of Cancrie’s technology extends beyond theoretical advancements. Real-world applications include extending the range of two-wheelers and enhancing the lifespan of lead-acid batteries. Kiran Chinchane, owner of Laurus Batteries, attests to the tangible benefits observed in battery performance and reduced warranty returns.

Environmental Sustainability

Beyond economic benefits, Cancrie’s innovation contributes to environmental sustainability by minimizing CO2 emissions associated with battery production. With projections indicating significant reductions in greenhouse gas emissions by 2050, the adoption of nanocarbon technology offers a promising pathway toward a greener future.


Cancrie’s journey exemplifies the transformative power of innovation and sustainability in addressing global challenges. By repurposing agricultural waste with advanced nanocarbon technology, the startup not only enhances battery performance but also mitigates environmental impact. As the world embraces cleaner energy solutions, initiatives like Cancrie pave the way for a more sustainable and prosperous future.

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