Battery Smart posts Rs 250 Cr revenue in FY25

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Battery swapping network Battery Smart has continued its growth streak in FY25 with a sharp rise in scale. The Gurugram-based company recorded a 52% increase in its revenue from operations to Rs 249 crore during the fiscal year ending March 2025, according to the company’s financial statements sourced from RoC.

The growth came on the back of expanding adoption of its battery-as-a-service model. Founded in 2019 by Pulkit Khurana and Siddharth Sikka, Battery Smart has scaled to over 1,600 swapping stations across more than 50 cities, facilitating around…



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Battery Smart posts Rs 250 Cr revenue in FY25


Battery swapping network Battery Smart has continued its growth streak in FY25 with a sharp rise in scale. The Gurugram-based company recorded a 52% increase in its revenue from operations to Rs 249 crore during the fiscal year ending March 2025, according to the company’s financial statements sourced from RoC.

The growth came on the back of expanding adoption of its battery-as-a-service model. Founded in 2019 by Pulkit Khurana and Siddharth Sikka, Battery Smart has scaled to over 1,600 swapping stations across more than 50 cities, facilitating around…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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