Sun Mobility

Bengaluru, India · Founded 2017 · $135.0M raised

Headquarters
Bengaluru
Employees
201–500
Founded
2017
Business Model
B2B2C
Total Funding
$135.0M
Last Round
$60.0M Venture RoundJul 2025
Rounds
4

About

SUN Mobility is a Bengaluru-based joint venture between the Maini Group and SUN Group, co-founded in 2017 by Chetan Maini and Uday Khemka. The company builds universal battery-swapping infrastructure for electric two- and three-wheelers in India, operating over 620 swap points and enabling more than one million swaps per month. Its Battery-as-a-Service model decouples the battery from the vehicle, reducing upfront EV costs and eliminating range anxiety.

Summary

Sun Mobility is a Climate Tech company based in Bengaluru, India, founded in 2017. It has raised $135.0M in total across 4 rounds, most recently a $60.0M Venture Round round in Jul 2025. Investors include Bosch Ventures, Helios Climate Ventures and Vitol.

Tech & App Stack

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Funding History

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Venture RoundVenture RoundJul 2025
$60.0M

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Venture Round — per-round amounts, valuations, and who invested in each round.

Investors

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