New Delhi, Nov. 28 -- BatteryPool raised Rs.8 crore in a pre-series A round led by Inflection Point Ventures, with Indian Angel Network, Chennai Angels, Keiretsu Forum, and HNIs participating. The startup currently manages over 2,000 batteries across six cities and plans to grow its fleet tenfold in 18 months.

Riders swap charged batteries at stations, paying small daily, weekly, or monthly fees much like buying mobile data packs. This model cuts downtime for delivery workers and fleet operators, who lose income waiting for charges on India's 2 million electric two- and three-wheelers, with another 2 million expected in FY25.

Vikram Ramasubramanian, Inflection Point Ventures, says, "As an emerging economy that's adopting EVs, India hold...