Battery Smart: Funding, Investors & Team (Oct 2026)
Battery Smart is a network that offers advanced Li-ion batteries for electric two and three-wheelers. They have developed a retrofit 48V Li-ion twin battery system that can be used with any electric rickshaw (e3w) model. Battery Smarts provides battery-as-a-service, reducing the financial burden on consumers. Additionally, they offer a battery-swapping solution and charging infrastructure that allows EV drivers to quickly exchange their batteries. Founded in 2019, the company is headquartered in Delhi, India.
Battery Smart has raised $112M across 4 funding rounds on record, the most recent a Series B of $45.1M announced in May 2024.
That round is above the $15M median round size for Energy companies tracked on FundedIQ over the last two years.
Battery Smart Company Profile and Key Stats
Latest funding round on record: May 2024.
Battery Smart Funding Rounds
Battery Smart raised $24.6M in a Series A announced in Jun 2022.
6 months later, an undisclosed round of $9.1M was announced in Dec 2022.
7 months later, a Series B of $32.9M was announced in Jul 2023.
10 months later, a Series B of $45.1M was announced in May 2024.
Battery Smart Founders and Leadership Team
Contact details for the Battery Smart team: 2 of 2 have an email address on file.
Start 14-day free trial →Battery Smart Funding Compared to Other Energy Startups
Battery Smart's latest round of $45.1M is above the median round in Energy. Medians cover the last 24 months of disclosed rounds.
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Battery Smart Funding FAQs
What does Battery Smart do?
Battery Smart is a network that offers advanced Li-ion batteries for electric two and three-wheelers. They have developed a retrofit 48V Li-ion twin battery system that can be used with any electric rickshaw (e3w) model. Battery Smarts provides battery-as-a-service, reducing the financial burden on consumers. Additionally, they offer a battery-swapping solution and charging infrastructure that allows EV drivers to quickly exchange their batteries. Founded in 2019, the company is headquartered in Delhi, India.
How much funding has Battery Smart raised?
Battery Smart has raised $112M across 4 rounds on record. The most recent is a Series B of $45.1M announced in May 2024.
When did Battery Smart last raise funding?
Battery Smart's most recent funding round on record is a Series B of $45.1M, announced in May 2024.
Who founded Battery Smart?
FundedIQ lists Pulkit Khurana (Founder), Siddharth Sikka (Founder) at Battery Smart.
Where is Battery Smart headquartered?
Battery Smart is based in Gurgaon, Haryana, India.
How many employees does Battery Smart have?
Battery Smart is in the 251-500 employee band.
How does Battery Smart's funding compare to other Energy startups?
Battery Smart's latest round of $45.1M is above the $15M median round size for Energy companies on FundedIQ across 2,284 tracked companies over the last two years.
About FundedIQ's Battery Smart Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Battery Smart is left off this page rather than filled in.
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