India Climate Startups Funding & Investment Updates

Startup Funding & Investment Updates

EV Battery Swapping Startup Esmito Raises Rs 10 crores To Strengthen Swapping Infra for 2 and 3 wheelers


Offers battery swapping solutions to logistics and last mile mobility players.


Notes by Narsi

Esmito is an IIT Madras incubated startup, which was co-developed by the Centre for Battery Engineering and Electric Vehicle (CBEEV).

The startup offers a portfolio of swap starions, batteries, charging infra along with a suite of SaaS services that ties together and enhances the efficiency of its offerings.

Having known Prabhjot Kaur, one of the founders, right from the startup's inception, it is indeed satisfying to see them reach this stage, after going through a process of quick trials and using results from these projects to finetune their strategy and offerings.