Battery Smart raises Seed funding

New Delhi: Battery Smart, a startup that is building a network of electric vehicle battery-swapping stations, has raised an undisclosed sum as part of its seed round.

The round in Delhi-based Battery Smart was led by Orios Venture Partners and joined by angel investment platform Faad Network, the company said in a statement.

Battery Smart, operated by Upgrid Solutions Pvt Ltd, was set up in 2019 by IIT-Kanpur alumni Pulkit Khurana and Siddharth Sikka, who have worked with companies including Shuttl, Schlumberger, and Opera Solutions.