BatteryPool raises Rs 8 crore led by IPV

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Battery tech startup BatteryPool has raised Rs 8 crore (around $960K) in its pre-Series A round led by Inflection Point Ventures, with participation from Indian Angel Network, Chennai Angels, Keiretsu Forum, and several individual investors.

The proceeds will be used to scale its battery fleet 10x over the next 18 months and expand its presence across India. 

Founded in 2020 by Ashwin Shankar, BatteryPool operates a pay-as-you-go battery access model for electric vehicles. The company uses proprietary hardware and an IoT-connected battery management…



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BatteryPool raises Rs 8 crore led by IPV


Battery tech startup BatteryPool has raised Rs 8 crore (around $960K) in its pre-Series A round led by Inflection Point Ventures, with participation from Indian Angel Network, Chennai Angels, Keiretsu Forum, and several individual investors.

The proceeds will be used to scale its battery fleet 10x over the next 18 months and expand its presence across India. 

Founded in 2020 by Ashwin Shankar, BatteryPool operates a pay-as-you-go battery access model for electric vehicles. The company uses proprietary hardware and an IoT-connected battery management…



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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