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Battery Smart
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Developer of a battery swapping network

Founded in 2019
Founded in

Company type Private Public ()
Company type

Industry Group transportation & logistics

Sector electric vehicle (ev) charging

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters India Delhi, India
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Updated by Cleantech Group on 03/14/2025

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IPO INFORMATION

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Date Investors Type Amount
06/11/2024 LeapFrog Investments LeapFrog Investments , MUFG Bank MUFG Bank , Panasonic Panasonic , Ecosystem Integrity Fund Ecosystem Integrity Fund , Blume Ventures Blume Ventures , British International Investment British International Investment , Acacia Inclusion Limited Acacia Inclusion Limited (7)
Post-money valuation of
Funding will support expansion and continued technology improvements. This sum includes the $45M announced in May
Series B $65,000,000
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