About Batterypool
Batterypool is a company based in Pune (India) founded in 2018 by Ashwin Shankar.. Batterypool has raised $2.73 million across 6 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
$2.73 M (USD)
in 6 rounds
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Latest Funding Round
$960 K (USD), Seed
Nov 27, 2025
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Investors
IIFL Finance
& 133 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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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 $2.73M across 6 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 6
- Last Round Seed — $960,000
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First Round
First Round
(24 Aug 2020)
- Investors Count 134
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2025 | Amount | Seed - Batterypool | Valuation | Inflection Point Ventures | |
| Jan, 2025 | Amount | Seed - Batterypool | Valuation | Radhakrishna Karumanchi , Mohan Pandey | |
| Apr, 2024 | Amount | Seed - Batterypool | Valuation | Firstport Capital , Inflection Point Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Batterypool
Batterypool has secured backing from 134 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include IIFL Finance, Kaar Technologies and Haystack TV. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| 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 |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Batterypool
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Batterypool
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Batterypool
Frequently Asked Questions about Batterypool
When was Batterypool founded?
Batterypool was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is Batterypool located?
Batterypool is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Who is the current CEO of Batterypool?
Ashwin Shankar is the current CEO of Batterypool. They have also founded this company.
Is Batterypool a funded company?
Batterypool is a funded company, having raised a total of $2.73M across 6 funding rounds to date. The company's 1st funding round was a Seed of $510.1K, raised on Aug 24, 2020.
What is the annual revenue of Batterypool?
Annual revenue of Batterypool is $124.93K as on Mar 31, 2023.
What does Batterypool do?
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.
Who are the top competitors of Batterypool?
Batterypool's top competitors include Battery Smart, SUN Mobility and Swobbee.
What products or services does Batterypool offer?
Batterypool offers Battery Rental Service, Battery Swapping Network, and Maintenance Service.
Who are Batterypool's investors?
Batterypool has 134 investors. Key investors include IIFL Finance, Kaar Technologies, Haystack TV, 2am VC, and Texport.
What is Batterypool's valuation?
The valuation of Batterypool is $5.87M as of Apr 2024.
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