About VoltUp
VoltUp is a Transportation, Automotive & Logistics company based in Pune (India) founded in 2019 by Siddharth Kabra. Battery swapping network for electric two- and three-wheelers is operated. It operates in the Transportation, Automotive & Logistics and Energy & Utilities sectors. VoltUp has raised $8 million across 2 funding rounds from investors including EM Impact Capital. The company has 77 employees. Its chief executive, as recorded, is Siddharth Kabra. Its Indian entity Ampup Energy Private Limited reported revenue of ₹30.92 Cr. Its focus areas include Energy Tech, Energy Storage Tech, Charging and Station Network. Its competitors include SUN Mobility, Battery Smart and Esmito; 3 of its 3 listed competitors have raised funding.
Company details
VoltUp was founded in 2019 in Pune, India, as an operator of a battery swapping network focused on electric two- and three-wheel vehicles. Advanced lithium-ion batteries and swapping stations are provided, supported by a cloud-connected ecosystem for maintenance and real-time monitoring. Subscriptions are offered for access to swapping services and battery oversight. Operations emphasize easy deployment in urban areas to facilitate electric vehicle adoption in the mobility sector.
- Headquarters Pune, India
- Employees 77
- Founders Siddharth Kabra
- SectorsTransportation, Automotive & LogisticsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website voltup.in
- Social LinkedIn Facebook
- Legal Name Ampup Energy Private Limited
- Date of Incorporation 14 Jul, 2022
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹30.92 Cr
FY 2025
- Net Loss-₹3.44 Cr
FY 2025 · -11% margin
- EBITDA₹4.23 Cr
FY 2025 · 14% margin
- Total Equity Funding$8M (USD)
in 2 rounds
- Latest Funding Round$8M (USD), Seed
Jan 2025
- Investors
- Employee Count77
Associated legal entities of VoltUp
VoltUp operates through Ampup Energy Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ampup Energy Private Limited CIN U77100PN2022PTC226456 | Active | 14 Jul 2022 | Pune, Maharashtra | ₹30.9 Cr | 77 | 6 | View details |
Funding Insights of VoltUp
VoltUp has successfully raised a total of $8M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $8 million completed in January 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 $8M
- Total Rounds 2
- Last Round Seed — $8M
- Investors Count 1
All 2 funding rounds of VoltUp with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2025 | Debt – Conventional | – | – | ||
| Jan 2025 | $8M | Seed | – | EM Impact Capital | – |
1 investors in total: 1 institutional.
Investors in VoltUp
VoltUp has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include EM Impact Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| em-impact.com |
Investor details for VoltUp
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Ampup Energy Private Limited (VoltUp)
Ampup Energy Private Limited is the primary company behind VoltUp. The board of Ampup Energy Private Limited currently have 4 directors; the longest-serving is Ajaykumar Karunakaran, appointed in 2022. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ajaykumar Karunakaran DIN 05115288 | Director | 14 Jul 2022 | 4 yrs 3 mo | Ampup Energy Private Limited |
| Siddhant Vikram Saboo DIN 07247717 | Director | 05 Jan 2023 | 3 yrs 10 mo | Ampup Energy Private Limited |
| Siddharth Sohanlal Kabra DIN 07236907 | CEO | 01 Apr 2024 | 2 yrs 7 mo | Ampup Energy Private Limited |
| Raviraj Salecha DIN 10712649 | Director | 28 Aug 2024 | 2 yrs 2 mo | Ampup Energy Private Limited |
People of VoltUp
17 people are tracked at VoltUp (8 in leadership, 9 in team); the tracked headcount is 77.
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership | |
Shah Azam | State Business Head | Leadership |
Brijesh Kumar | Head Of Operations | Leadership |
Raunak Bhatt | Head - Battery | Leadership |
Indresh Kumar | Head Of Data Science | Leadership |
Naveen Pathak | Head Of Information Technology | Leadership |
Harsh Raj | Head Of Marketing And Product | Leadership |
Sidhartha Mukherjee | Area Sales Head | Leadership |
Vinod Negi | Technical Lead | Team |
Sanmesh Dalvi | Marketing Manager | Team |
Rakesh Dasari | Program Management And OEM Partnerships | Team |
Adarsh Mandal | Lead Developer | Team |
Sushant Kamble | T&v Engineer | Team |
Ritesh Kumar | Quality Assurance Lead | Team |
Manthan Ladva | Technical Specialist - IT | Team |
Pooja Devram | Technical Specialist - IT | Team |
Priyanka Kar | Assistant Manager BD & Strategy | Team |
Complete people profiles for VoltUp
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of VoltUp
Figures of Ampup Energy Private Limited, the primary company behind VoltUp, for FY 2025. Revenue was ₹30.92 Cr. Net loss was -₹3.44 Cr (-11% margin). EBITDA was ₹4.23 Cr (14% margin).
- ₹30.92 CrRevenue · FY 2025
- -₹3.44 CrNet loss · -11% margin
- ₹4.23 CrEBITDA · 14% margin
- ₹55.70 CrPaid-up capital
- 77Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Ampup Energy Private Limited are on its company page.
Detailed financial statements for VoltUp
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of VoltUp
2 dated milestones of VoltUp across 6 years, from founding to its latest funding, stage changes and deals.
- Founded VoltUp is founded.
- Funding First funding round.
Competitors of VoltUp
VoltUp has 3 listed competitors in our database, 3 of them funded. They include SUN Mobility, Battery Smart and Esmito.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| sunmobility.com | 2017 | Bengaluru, India | $50M | 473 | Online platform for battery swapping solutions | |
| batterysmart.in | 2019 | Gurugram, India | $180.36M | 482 | Provider of EV battery-swapping network | |
| esmito.com | 2018 | Chennai, India | $1.39M | 31 | Saas & IoT enabled battery management products and solutions for electric vehicles |
Detailed competitors of VoltUp
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of VoltUp
The website of VoltUp (voltup.in) receives about 2.5K visits a month.
- Monthly visits2.5K
▼ 2.4% vs previous month
Websites whose visitors overlap most with VoltUp. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| sunmobility.com | 100% | 10.9K | #4,100,995 | View details |
Top companies in Electric & Green Mobility
3 companies that operate in the same segment as VoltUp (Electric & Green Mobility) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M | |||
Shared electric two-wheelers are rented via an online platform. | 2017 | Bengaluru, Karnataka, India | USD 187.54 M | USD 37.93 M | 401 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.02 M | USD 407.47 M | 1,917 |
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Related news about Voltup
Complete news archive for VoltUp
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Frequently Asked Questions about VoltUp
VoltUp was founded in 2019 and raised its 1st funding round 6 years after it was founded.
VoltUp is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Siddharth Kabra is the CEO of VoltUp, as recorded in our data. They have also founded this company.
VoltUp is a funded company, having raised a total of $8M across 2 funding rounds to date.
VoltUp has 77 employees.
The primary company behind VoltUp, Ampup Energy Private Limited, reported revenue of ₹30.92 Cr for FY 2025.
VoltUp was founded in 2019 in Pune, India, as an operator of a battery swapping network focused on electric two- and three-wheel vehicles. Advanced lithium-ion batteries and swapping stations are provided, supported by a cloud-connected ecosystem for maintenance and real-time monitoring. Subscriptions are offered for access to swapping services and battery oversight. Operations emphasize easy deployment in urban areas to facilitate electric vehicle adoption in the mobility sector.
VoltUp's top competitors include Battery Smart, SUN Mobility and Esmito.
VoltUp has 1 investor. Key investors include EM Impact Capital.
VoltUp operates through Ampup Energy Private Limited.
The legal entities of VoltUp currently have 6 directors, including Siddharth Sohan Kabra, Siddhant Vikram Saboo, Raviraj Salecha and others.