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Advanced battery technology company.

Advanced Battery Technology
Battery Tech
Active

Founded

2015

Team Size

200

Total Funding

₹83 Cr

Valuation

₹415 Cr

About

Advanced battery technology company.

Unique Selling Proposition

Core Differentiator

Rapid-charging aluminum fuel cell and graphene-based battery technology specifically designed for Indian commercial EV conditions

Target Market

Commercial electric vehicles (3-wheelers, light commercial vehicles) and industrial stationary energy storage

Key Innovation

InstaCharge battery technology enabling 15-minute rapid charging with extended cycle life optimized for tropical climates

Competitive Moats
📜Patents/IP
Medium

Proprietary graphene-enhanced battery chemistry and aluminum fuel cell IP with multiple patents filed

💰Cost Advantage
Medium

Domestic manufacturing and localized supply chain reduces dependency on imported cells, lowering cost structure

🔒Switching Costs
Medium

Integration with OEM vehicle designs and charging infrastructure creates switching friction for fleet operators

Funding Snapshot
Free preview

₹24.9 Cr

Total Raised

2

Rounds

Series C

Latest · Apr 05, 2024

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Full Funding History

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Funding History

Latest Round

2020-01-01

₹24.9 Cr

Investors

Various Investors

Series C

Apr 05, 2024

N/A

Details

Location

Bengaluru, Karnataka

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Financial Metrics

Growth Rate

27%

Funding Rounds

2

VedAI Score
641/1000
Developing