Battery Smart

Gurugram, India · $122.4M raised

Headquarters
Gurugram
Business Model
B2B
Total Funding
$122.4M
Last Round
$7.4M Venture RoundMay 2025
Rounds
4

About

Battery Smart is accelerating India’s shift to electric mobility through the country’s largest battery-swapping network for electric two-wheelers and rickshaws. The company operates over 1,600 swapping stations across India, providing a convenient, subscription-based alternative to overnight charging that eliminates range anxiety and reduces upfront EV costs. By partnering with franchise operators and EV OEMs, Battery Smart creates a distributed energy infrastructure layer that enables mass adoption of electric vehicles in the world’s fastest-growing EV market.

Summary

Battery Smart is a Climate Tech company based in Gurugram, India. It has raised $122.4M in total across 4 rounds, most recently a $7.4M Venture Round round in May 2025. Investors include Rising Tide Energy, Mirova and LeapFrog Investments.

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Funding History

Extension RoundExtension RoundMay 2025
$29.0M

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Investors

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