Battery Smart
Battery Smart operates a battery-as-a-service (BaaS) network for electric two- and three-wheelers across India, letting drivers swap depleted lithium-ion batteries for fully charged ones in about two minutes at a partner-led network of swap stations, removing the need to own or charge a battery.
Battery Smart: Funding Rounds
Recent Signals
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1 Oct 2025 · financial
Battery Smart posts Rs 249 crore revenue in FY25, turns EBITDA positive source
News on Battery Smart
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Who founded Battery Smart?
Battery Smart was founded by Pulkit Khurana, Siddharth Sikka in 2019.
How much funding has Battery Smart raised?
Battery Smart has raised $219.14 Mn across 11 tracked funding round(s), most recently on 2026-04-28. Figures are compiled from cited public sources.
Who are the investors in Battery Smart?
Investors in Battery Smart include Mirova, Acacia Inclusion Ltd, Blume Ventures, PC-SBI Kurashi Visionary Fund, Rising Tide Energy, Ecosystem Integrity Fund, LeapFrog Investments, responsAbility.
What does Battery Smart do?
Battery Smart operates a battery-as-a-service (BaaS) network for electric two- and three-wheelers across India, letting drivers swap depleted lithium-ion batteries for fully charged ones in about two minutes at a partner-led network of swap stations, removing the need to own or charge a battery.
Where is Battery Smart headquartered?
Battery Smart is headquartered in New Delhi, Delhi, India.
What is Battery Smart's business model?
Battery Smart's core value proposition centers on 2-Minute Battery Swaps, Lower Upfront EV Cost ("Buy EV, Not Battery"), Zero Battery Ownership & Maintenance Cost, Increased Driver Earnings.
How does Battery Smart make money?
Battery Smart's cited revenue streams include Pay-Per-Swap Subscription.