VoltUp

Pune, India Founded: 2019 • Age: 7 yrs
Battery swapping network for electric two- and three-wheelers is operated.
Annual revenue $37,701 Latest available
Total funding $8.0M 2 rounds
Employees 77 Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

About VoltUp

VoltUp is a company based in Pune (India) founded in 2019 by Siddharth Kabra. VoltUp has raised $8 million across 2 funding rounds from investors including EM Impact Capital. The company has 77 employees as of January 29, 2025. VoltUp operates in a competitive market with competitors including SUN Mobility, Battery Smart, Esmito, Batterypool and Swapp Design, among others.

  • Headquarter Pune, India
  • Employees 77 as on 29 Jan, 2025
  • Founders Siddharth Kabra
  • Sectors
    Transportation, Automotive & Logistics
    Energy & Utilities
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Ampup Energy Private Limited
  • Date of Incorporation 14 Jul, 2022
  • Jurisdiction Pune City, 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
    $37.7 K (USD)
    0
    as on Mar 31, 2023
  • Net Profit
    -$18.89 K (USD)
    0
    as on Mar 31, 2023
  • EBITDA
    -$11.23 K (USD)
    0
    as on Mar 31, 2023
  • Total Equity Funding
    $8 M (USD)

    in 2 rounds

  • Latest Funding Round
    $8 M (USD), Seed

    Jan 27, 2025

  • Investors
  • Employee Count
    77

    as on Jan 29, 2025

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People of VoltUp

Headcount 10-50
Employee Profiles 17
Employee Profiles
People
Shah Azam
State Business Head
People
Vinod Negi
Technical Lead
People
Sanmesh Dalvi
Marketing Manager
People
Brijesh Kumar
Head Of Operations

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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.

Investors in VoltUp

VoltUp has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include EM Impact Capital.

All
Venture Fund
Investor Description Founded Year Domain Location
-
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Investor details for VoltUp

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Investments & Acquisitions by VoltUp

Investments
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Investment portfolio details for VoltUp

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Financial Statements - VoltUp

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Detailed financials for VoltUp

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Voltup Comparisons

VoltUp Primary company
Description
Battery swapping network for electric two- and three-wheeler...
Location
Pune, India
Founded Year
2019
Annual Revenue
$37.7 K (USD)
Net Profit
-$18.89 K (USD)
EBITDA
-$11.23 K (USD)
Employees
77
As of 2025
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Peer comparison for VoltUp

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Competitors of VoltUp

VoltUp 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 Swapp Design, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Online platform for battery swapping solutions
Locked Locked Locked
Provider of EV battery-swapping network
Locked Locked Locked
Saas & IoT enabled battery management products and solutions for electric vehicles
Locked Locked Locked
Battery rental and swapping services for electric vehicles are offered.
Locked Locked Locked
Battery swapping solutions for EV charging station operators
Locked Locked Locked
Battery swapping solutions are provided for electric vehicles in India.
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Detailed competitors of VoltUp

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Latest news on Voltup

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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 current CEO of VoltUp. They have also founded this company.

VoltUp is a funded company, having raised a total of $8M across 2 funding rounds to date.

As of Jan 29, 2025, the latest employee count at VoltUp is 77.

Annual revenue of VoltUp is $37.7K as on Mar 31, 2023.

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 Batterypool.

VoltUp has 1 investor. Key investors include EM Impact Capital.

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