EV startup Battery Smart raised more than $9 million in a debt funding from Stride Ventures. The EV startup intends to use the new funding to expand its operations across India and add more batteries to its network.
As part of its strategy for sustainable lifestyles and clean mobility, the startup claims to have established more than 440 EV swapping stations and performed over 6 million battery swaps. Additionally, it asserts that it has served more than 13K clients in more than 12 Indian cities, including Delhi, Gurgaon, Noida, Jaipur, Lucknow, Meerut, and others. Battery Smart’s EV Startup Receives $9 Million+ in Debt Funding From Stride Ventures