Angel Investments
EV battery-charging solutions provider BatteryPool raises funding from IAN, others
Pune-based startup BatteryPool, which offers battery charging solutions for EV fleets and commercial vehicles, has raised a seed round of funding from IAN and others. The freshly infused capital will be used to scale up BatteryPool's business development efforts and add new fleet charging products to its portfolio. The round was led by IAN and Pune-based Venture Center (under the NIDHI-Seed Support Scheme) and angel investors including Arjun Seth and Harshavardhan Chitale. Previously, the startup had raised grants from the Department of Science and Technology (GoI) and an angel round including from 100X.VC. Founded by Ashwin Shankar in 2018, the Pune-based startup's tech stack provides real-time, actionable insights to fleet operators to eliminate operational challenges in running EVs and improve utilisation of the vehicles.
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