BatteryPool
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BatteryPool - overview
Established
2018
Location
Pune, -, India
Primary Industry
Automobiles, Other Vehicles & Parts
About
Divish Mobility Pvt Ltd. , based in Pune, India, dba, BatteryPool is focused on providing innovative Battery-as-a-Service (BaaS) solutions for Electric Vehicle operators, enhancing operational efficiency and convenience. BatteryPool was founded in 2018 to address EV charging challenges in India. It pioneered Battery-as-a-Service, enabling affordable battery swapping and rental solutions for electric two- and three-wheelers, supporting sustainable mobility and fleet electrification.
In November 2025, BatteryPool raised INR 80 million in pre-series A funding led by Inflection Point Ventures, with participation from The Chennai Angels and Keiretsu Forum. BatteryPool, a service of Divish Mobility, offers an extensive Battery-as-a-Service solution tailored for Electric Vehicle operators. This includes a subscription model allowing customers to rent batteries, swap depleted ones at numerous stations, and charge at home, serving both fleet operators and individual users. The company operates in key urban markets including Hyderabad, Mumbai, Pune, Ujjain, and Indore, aiming to provide a flexible and efficient battery solution.
BatteryPool earns through its Battery-as-a-Service model, offering pay-as-you-go battery rentals, swapping, and charging solutions. It monetizes batteries across their lifecycle via subscriptions, EMIs, maintenance, redeployment, and recycling, serving EV drivers, fleet operators, and OEMs with flexible, sachet-style payment plans. In November 2025, BatteryPool raised INR 80 million in pre-series A funding led by Inflection Point Ventures, with participation from other investors The Chennai Angels and Keiretsu Forum. The company will use the funding to scale its EV battery fleet tenfold and expand nationwide operations.
Current Investors
Indian Angel Network, The FIS FinTech Accelerator in Partnership with The Venture Center, Inflection Point Ventures
Primary Industry
Automobiles, Other Vehicles & Parts
Sub Industries
Automobiles, Other Vehicles & Parts, Green IT
Website
www.batterypool.com
Verticals
Artificial Intelligence, Artificial Intelligence, FinTech, Mobile Apps
Company Stage
Series A
Total Amount Raised
Subscriber access only
BatteryPool - timeline of key events
BatteryPool - financials
| Fiscal Year Ended | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|---|---|
| Revenue (USD) | 58,980 | 508,004 | 1,453,786 | - | - | - |
| % Revenue Growth (YoY) | - | 761.3% | 186.2% | - | - | - |
| EBITDA (USD) | (148,516) | (56,441) | (1,117,408) | - | - | - |
| Operating Income (USD) | (148,516) | (153,695) | (1,203,108) | - | - | - |
| Operating Margin | (251.8%) | (30.3%) | (82.8%) | - | - | - |
| % EBITDA Margin | (251.8%) | (11.1%) | (76.9%) | - | - | - |
| NET Income (USD) | (148,516) | (153,695) | (1,203,108) | - | - | - |
| % Net Margin | (251.8%) | (30.3%) | (82.8%) | - | - | - |
BatteryPool - employee data
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