Battery Smart raises $7 million in pre-Series A funding round

Co-founded by serial entrepreneurs and IIT-Kanpur graduates Pulkit Khurana and Siddharth Sikka, Battery Smart has over 100 swap stations operational in the Delhi-NCR region.
The company currently has 1,200 active vehicles on its platform and completes 5,000 swaps daily.
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Battery Smart,  EV battery swapping network, has raised USD 7 million (around Rs 52 crore) in a pre-Series A round from a clutch of investors of Blume Ventures and Orios Ventures.

The fresh capital will be deployed for strengthening the startup’s battery assignment technology, scale its operations to service 10,000 electric vehicles daily, and expand to three new states by this fiscal, a release said.

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