Batterypool

Pune, India Founded: 2018 • Age: 8 yrs
Battery rental and swapping services for electric vehicles are offered.
Annual revenue $124,927 Latest available
Total funding $2.9M 7 rounds
Employees - Tracked headcount
Investors 139 Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

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
  • Sectors
    Transportation, Automotive & Logistics
    Energy & Utilities
  • Email
    Locked
  • Phone
    Locked
  • 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
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions Unlock Sub-Sector Unlock Segment
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $124.93 K (USD)
    -28.34
    as on Mar 31, 2023
  • Net Profit
    -$186.05 K (USD)
    -30.42
    as on Mar 31, 2023
  • EBITDA
    -$177.4 K (USD)
    -29.98
    as on Mar 31, 2023
  • Total Equity Funding
    $2.91 M (USD)

    in 7 rounds

  • Latest Funding Round
    $960 K (USD), Seed

    Nov 27, 2025

  • Investors
    IIFL Finance

    & 138 more

  • Employee Count
    Not available
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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.

Product name locked
Category locked
Primary

Rents batteries for electric vehicles with pay-as-you-go model.

Product name locked
Category locked
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Enables quick battery exchanges at stations to minimize downtime.

Product name locked
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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.

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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital investments and partnerships in diverse sectors.
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Early-stage offline-focused PE & VC firm investing in geographies such as India
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Early-stage startups are funded by 100X.VC venture capital firm.
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Investor details for Batterypool

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Investments & Acquisitions by Batterypool

Investments
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Investment portfolio details for Batterypool

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Financial Statements - Batterypool

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Detailed financials for Batterypool

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Batterypool Comparisons

Batterypool Primary company
Description
Battery rental and swapping services for electric vehicles a...
Location
Pune, India
Founded Year
2018
Annual Revenue
$124.93 K (USD)
Net Profit
-$186.05 K (USD)
EBITDA
-$177.4 K (USD)
Employees
Not available
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Peer comparison for Batterypool

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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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Online platform for battery swapping solutions
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Provider of EV battery-swapping network
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Battery swapping solutions for electric vehicles are provided.
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Blockchain-based lithium-ion battery storage systems are developed for energy distribution.
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Saas & IoT enabled battery management products and solutions for electric vehicles
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Battery swapping for commercial micromobility vehicles is provided.
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Detailed competitors of Batterypool

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Latest news on Batterypool

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Complete news archive for Batterypool

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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.

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.

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