Battery Smart

New Delhi, India · Founded 2019 · Privately Held (backing)

Operator of a battery-swapping network station intended to cater to electric two-wheeler and three-wheeler vehicles. Battery Smart is based in New Delhi, India and was founded in 2019. Its last reported valuation was $333 million in May 2025. It has raised $160 million.

Last reported valuation
$333.4M
Oct 2026
Priced at
—
Total raised
$160.2M
Last round
—

Battery Smart key facts

as of Oct 2026
  • Operator of a battery-swapping network station intended to cater to electric two-wheeler and three-wheeler vehicles.
  • Battery Smart is valued at approximately $333.4M as of Oct 2026 (last reported valuation).
  • It has raised $160.2M; the latest was Later Stage VC ($7.3M) in Mar 2026.
  • Notable investors include Tiger Global Management, Blume Venture Advisors, British International Investment, MUFG Bank, Alphatron Capital — 22 tracked in total.
  • Status: Privately Held (backing).
Last reported valuation
LOW confidence
$333.4M

Battery Smart's last reported valuation, May 2025. Nothing priced has surfaced since.

set by last reported valuationas of Oct 2026question about this number?
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Battery Smart funding rounds

No rounds on record

No funding rounds for Battery Smart are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.

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Battery Smart valuation

Battery Smart's last reported valuation was $333 million in May 2025. No priced round, secondary trade or fund mark has surfaced since.

Battery Smart investors

22 investors are on record for Battery Smart, including Tiger Global Management, Blume Venture Advisors, British International Investment and MUFG Bank.

About Battery Smart

Operator of a battery-swapping network station intended to cater to electric two-wheeler and three-wheeler vehicles. The company's stations have installed adaptable Lithium-ion batteries compatible with popular electric models that can swap interoperable batteries in less time, enabling drivers to be free from range anxiety, charging downtime, and recurring expenditure on battery replacement.

Sector
Energy
HQ
New Delhi, India
Founded
2019
Employees
994
Ownership
Privately Held (backing)

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