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Battery Smart raised $45M in a Series B funding round led by Acacia Inclusion Limited and others
05/16/24, 12:13 PM
Location
gurgaonMoney raised
$45 million
Industry
software
Round Type
series b
Investors
British International Investment, The Ecosystem Integrity Fund, Blume Ventures, Mufg Bank, Acacia Inclusion Limited
Battery Smart, a Gurugram-based battery tech startup, has raised $45 million in a Series B funding round from investors including Acacia Inclusion Limited, MUFG Bank, Blume Ventures, The Ecosystem Integrity Fund, and British International Investment. The company plans to use the funds to expand its swapping stations and further develop its battery technology.
Company Info
Location
gurgaon, haryana, india
Additional Info
Battery Smart is building India’s largest network of battery swapping stations providing Li-ion batteries on a pay-per-use basis for the drivers of three-wheeled electric rickshaws through our asset-light network of partner swap stations.
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