Swapp Design

Bengaluru, India Founded: 2022 • Age: 4 yrs
Battery swapping solutions for EV charging station operators
Annual revenue - Latest available
Total funding $198,790 1 rounds
Employees 1 Tracked headcount
Investors 5 Known backers
Products 2 Services tracked
Competitors 8 Brand Intelligence

About Swapp Design

Swapp Design is a company based in Bengaluru (India) founded in 2022 by Buddhabrata Chakravorty and Pathi Mohan Rao. Swapp Design has raised $198.79 thousand across 1 funding round from investors including Seafund, Mukesh Sharma Family Trust and Ev2 Ventures. The company has 1 employees as of April 06, 2024. Swapp Design offers products and services including Swapp Station and Battery Swapping Service. Swapp Design operates in a competitive market with competitors including SUN Mobility, Battery Smart, Esmito, Batterypool and Mooving, among others.

  • Headquarter Bengaluru, India
  • Employees 1 as on 06 Apr, 2024
  • Founders Buddhabrata Chakravorty, Pathi Mohan Rao
  • Stage Minicorn
  • Sectors
    Transportation, Automotive & Logistics
    Energy & Utilities
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Swapp Design Private Limited
  • Date of Incorporation 01 Jun, 2022
  • Jurisdiction Bangalore South, Karnataka, 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
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $198.79 K (USD)

    in 1 rounds

  • Latest Funding Round
    $198.79 K (USD), Seed

    Nov 09, 2023

  • Investors
    Seafund

    & 4 more

  • Employee Count
    1

    as on Apr 06, 2024

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Products & Services of Swapp Design

Swapp Design offers a comprehensive portfolio of products and services, including Swapp Station and Battery Swapping Service.

Product name locked
Category locked
Primary

Enables 1-minute autonomous battery swaps for electric vehicles in fleets.

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Offers pay-per-kilometer battery usage to make EVs affordable for drivers.

Funding Insights of Swapp Design

Swapp Design has successfully raised a total of $198.79K through 1 strategic funding round. The most recent funding activity was a Seed round of $198.79 thousand completed in November 2023. 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 Swapp Design

Swapp Design has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Seafund, Mukesh Sharma Family Trust and Ev2 Ventures.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital investments in deeptech startups, providing capital and strategic support in Bangalore.
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Venture capital investment in AI, machine learning, and healthcare tech-startups
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Investments are provided to smart mobility sector startups.
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Investor details for Swapp Design

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Investments & Acquisitions by Swapp Design

Investments
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Investment portfolio details for Swapp Design

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Financial Statements - Swapp Design

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Detailed financials for Swapp Design

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Swapp Design Comparisons

Swapp Design Primary company
Description
Battery swapping solutions for EV charging station operators
Location
Bengaluru, India
Founded Year
2022
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
1
As of 2024
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Peer comparison for Swapp Design

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Competitors of Swapp Design

Swapp Design 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, Esmito, Batterypool and Mooving, 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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Saas & IoT enabled battery management products and solutions for electric vehicles
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Battery rental and swapping services for electric vehicles are offered.
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Battery swapping solutions are provided for electric vehicles in India.
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Detailed competitors of Swapp Design

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Latest news on Swapp Design

SeaFund Invests in 5 DeepTech Startups
Finsmes2 years ago
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Complete news archive for Swapp Design

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Frequently Asked Questions about Swapp Design

Swapp Design was founded in 2022 and raised its 1st funding round 1 year after it was founded.

Swapp Design is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Buddhabrata Chakravorty is the current CEO of Swapp Design. They have also founded this company.

Swapp Design is a funded company, having raised a total of $198.79K across 1 funding round to date.

As of Apr 06, 2024, the latest employee count at Swapp Design is 1.

Battery swapping solutions for EV charging station operators. They are also developing a BaaS solution for four-wheeled EVs. It provides an AI-powered platform that enables architects to streamline the process of drafting and redrafting construction documents.

Swapp Design's top competitors include Battery Smart, SUN Mobility and Batterypool.

Swapp Design offers Swapp Station and Battery Swapping Service.

Swapp Design has 5 investors. Key investors include Seafund, Mukesh Sharma Family Trust, Ev2 Ventures, Sanchi Techstarter, and ThinKuvate.

The valuation of Swapp Design is $1.71M as of Nov 2023.

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