About Batterypool
Batterypool is a company based in Pune (India) founded in 2018 by Ashwin Shankar. Batterypool has raised $2.91 million across 7 funding rounds from investors including IIFL Finance, Kaar Technologies and Haystack TV. Batterypool offers products and services including Battery Rental Service, Battery Swapping Network, and Maintenance Service. Batterypool operates in a competitive market with competitors including SUN Mobility, Battery Smart, Tiger New Energy, Mobile Power and Esmito, among others.
- Headquarter Pune, India
- Founders Ashwin Shankar
- Stage Minicorn
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Sectors
Transportation, Automotive & LogisticsEnergy & Utilities
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Email
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Phone
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Website
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Social
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- Legal Name Divish Mobility Private Limited
- Date of Incorporation 12 Jan, 2018
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$124.93 K (USD)-28.34as on Mar 31, 2023
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Net Profit
-$186.05 K (USD)-30.42as on Mar 31, 2023
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EBITDA
-$177.4 K (USD)-29.98as on Mar 31, 2023
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Total Equity Funding
$2.91 M (USD)
in 7 rounds
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Latest Funding Round
$960 K (USD), Seed
Nov 27, 2025
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Investors
IIFL Finance
& 138 more
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Employee Count
Employee Count
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Products & Services of Batterypool
Batterypool offers a comprehensive portfolio of products and services, including Battery Rental Service, Battery Swapping Network, and Maintenance Service.
Rents batteries for electric vehicles with pay-as-you-go model.
Enables quick battery exchanges at stations to minimize downtime.
Handles battery care and repairs for seamless EV operations.
Funding Insights of Batterypool
Batterypool has successfully raised a total of $2.91M across 7 strategic funding rounds. The most recent funding activity was a Seed round of $960 thousand completed in November 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Seed — $960,000
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First Round
First Round
(24 Aug 2020)
- Investors Count 139
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2025 | Amount | Seed - Batterypool | Valuation | Inflection Point Ventures | |
| Sep, 2025 | Amount | Seed - Batterypool | Valuation | Firstport Capital | |
| Jan, 2025 | Amount | Seed - Batterypool | Valuation | Radhakrishna Karumanchi , Mohan Pandey |
Investors in Batterypool
Batterypool has secured backing from 139 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include IIFL Finance, Kaar Technologies and Haystack TV.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments and partnerships in diverse sectors.
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Founded Year | Domain | Location | |
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Early-stage offline-focused PE & VC firm investing in geographies such as India
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Founded Year | Domain | Location | |
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Early-stage startups are funded by 100X.VC venture capital firm.
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Founded Year | Domain | Location |
Investments & Acquisitions by Batterypool
Financial Statements - Batterypool
Batterypool Comparisons
Competitors of Batterypool
Batterypool operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as SUN Mobility, Battery Smart, Tiger New Energy, Mobile Power and Esmito, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Online platform for battery swapping solutions
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| domain | founded_year | HQ Location |
Provider of EV battery-swapping network
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| domain | founded_year | HQ Location |
Battery swapping solutions for electric vehicles are provided.
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| domain | founded_year | HQ Location |
Blockchain-based lithium-ion battery storage systems are developed for energy distribution.
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| domain | founded_year | HQ Location |
Saas & IoT enabled battery management products and solutions for electric vehicles
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| domain | founded_year | HQ Location |
Battery swapping for commercial micromobility vehicles is provided.
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Frequently Asked Questions about Batterypool
Batterypool was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Batterypool is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Ashwin Shankar is the current CEO of Batterypool. They have also founded this company.
Batterypool is a funded company, having raised a total of $2.91M across 7 funding rounds to date. The company's 1st funding round was a Seed of $200.51K, raised on Aug 24, 2020.
Annual revenue of Batterypool is $124.93K as on Mar 31, 2023.
Batterypool was founded in 2018 in Pune, India, as a platform focused on the electric vehicle sector. Battery subscriptions are provided, enabling users to obtain electric vehicles without purchasing the battery outright. Depleted batteries can be swapped for charged ones at designated stations, or subscribers may charge them at home. Operations center on facilitating accessible battery management for EV owners in urban areas.
Batterypool's top competitors include Battery Smart, SUN Mobility and Swobbee.
Batterypool offers Battery Rental Service, Battery Swapping Network, and Maintenance Service.
Batterypool has 139 investors. Key investors include IIFL Finance, Kaar Technologies, Haystack TV, 2am VC, and Texport.
The valuation of Batterypool is $5.87M as of Apr 2024.