EV infrastructure and financing platform focused on India’s 3-wheeler segment. It operates a battery-as-a-service network with swap stations that let drivers replace depleted batteries in minutes, cutting downtime and range anxiety. Alongside infrastructure, Chargeup also enables leasing and financing to lower upfront EV costs. The company aims to make EV ownership simpler, more reliable, and more profitable for commercial drivers - 10K of whom are on the platform. ₹22CR funding (undeclared, eitha Pre-Series A or Series A) backed by IAN Group, along with Capital-A and Anicut Capital. The last round was a $7M Pre-Series A1 in Nov 2022, led by Capital-A and Anicut. Founded in Feb 2019, Delhi based. Founders: CEO Varun was previously the CEO at Atlanta Energy (clean energy products/EPC); Chief Digital Officer Satish is ex-Meta and Vodafone (five years each) and was the CTO for Global Enteprise at Reliance Communications

Real innovation in sustainable packaging solutions. Seaweed is sourced from villages and converted into clear thin films (to produce bags and wrappers); coatings (to ensure food preservation in food takeout/delivery packaging); and to produce wood-free paper (used for clothes tags, cartons and bakery boxes). Supplies primarily to Europe and GCC countries. ₹5CR Pre-Series A round co-led by 3one4 Capital and Rainmatter, along with 1Crowd, LNB Group and 7th Gen. Rainmatter led the ₹20CR seed round in Jan 2025, at which time they also received a $100K grant from the Peak XV Spark Fellowship Programme. Founded in Jan 2020, Mumbai based. Founder Neha is ex-Google (5 years at Google Analytics) and founded Fly by Knight (on demand delivery for Mumbai between '12-'15).

Fleet management company providing large, sustainable fleets for ride-hailing platforms in India. It owns and operates CNG and electric vehicles across major cities, partnering closely with players like Uber. It has 3,000 vehicles on its platform, is at ₹300CR annualised revenue, has saved over 6K tons of carbon emissions, and operates with Uber in five cities (Mumbai, Bengaluru, Hyderabad, Pune, Delhi). Series A round of an undisclosed amount. Founded in May 2024, Gurgaon based. Founder Karan co-founded Revv (the self drive car rental platform), building it over a decade, prior to which he was an Associate Partner at McKinsey for 12 years.

Building an integrated EV charging and services network in India. The company designs and deploys universal EV chargers, operates public and on-demand charging solutions, and runs a cloud-based platform to manage charging operations across vehicle types and brands. Alongside charging, it also offers a multi-brand servicing network for both electric and conventional vehicles. ₹12CR Pre-Series A Round led by Venture Catalysts. Other investors include Kamal Puri (Skyline Group), IPV, FAAD Network, LetsVenture, Vrinda Goyal (Pace Group), Haresh Patel (Arthanomics), Maneesh Shrivastav (Alpha Value). Founded in Jun 2021, Noida based. Founders: CEO Deepesh is from Eaton and Emerson Network Power; co-founder Shashank is from Harting; COO Chandraprakash is from Bechtel and Novo Nordisk Engineering.

Deep-tech electric powertrain company which is developing next-generation high-voltage motors and building new-generation intelligent motor controllers for EV applications. Its current product range is for 2W and 3W, now expanding to 4W, trucks and buses. ₹13CR Pre-Series A Round led by Varanium Capital. Founded in Apr 2019, Bangalore based. Founder and CEO Rakesh was previously a Senior Partner at PWC (17 years). Entuple E-Mobility

Manufacturer of high efficiency electric motors and controllers for electric mobility and other industrial use cases. The company develops both axial flux (more powerful, smaller) and radial flux (more cost effective) motor systems between 1kW and 10kW for applications such as two-wheelers, L5 loaders, drones, power tools and agricultural equipment. The company aims to deliver fully localised powertrain solutions and strengthen India’s domestic EV and industrial motor ecosystem. Supplies to both the domestic and export market, production with this round scales to 50K motors a month. Customers and revenue traction undisclosed. $3M Pre-Series A round. Angels in the round include existing investors Mohit Tandon (Delhivery), Himanshu Aggarwal (Aspiring Minds), Vijay Shekhar Sharma (Paytm), Sunik Kalra (Stride Ventures), Aloke Bajpai (Ixigo), Narayan (Ather Energy) and new investors Anupam Jalote (iCEM), Soumitra Mishra (Operators Studio), Hemant Daga (Neo Asset). Seed led by GVFL and Ixigo co-founder Rajnish Kumar in Dec 2024. Founded in 2021. HQ in Gurgaon, manufacturing in Ahmedabad. The three founders, Abhilash (CEO), Arnav (COO) and Piyush (CTO), started out while at the Institute of Infrastructure Technology Research and Management (IITRAM), Ahmedabad.

Climate-tech startup with an intelligience platform for environmental monitoring and compliance. The company offers hardware and software solutions that track air quality, emissions and other environmental parameters in real time, helping companies and government bodies meet regulatory requirements and make data-backed sustainability decisions. Over the last year, Aurassure has launched a subsidiary in Brazil and and begun pilot projects in Bangladesh, in addition to its India business. Enterprise customers across construction, insurance, healthcare, industrial operations and infrastructure. ₹25CR Pre-Series A. Founded in May 2022, Bhubaneswar based. Founders: CEO Akanksha (NIT Rourkela '16; University of Illinois Urbana-Champaign MBA '24) was previously the Co-Founder and COO of Pheonix Robotics (IOT for city planning, pollution and environmental management); CTO Vamsi (also NIT Rourkela '16; Caltech '24) was Head of Engineering at DATOMS (hardware and firmware for IOT).

Electric tractor company developing a range of heavy duty tractors, with two products to start with (50HP and 75HP tractors). Unlike most EVs, its tractors are at price parity with the uprfront cost of diesel tractors. The goal is to significantly reduce operating costs by up to 80% for farmers who rely on diesel, and lower emissions. $6M Series A round led by pi Ventures, with participation from Singularity AMC, and existing investors Advantedge Founders and Micelio Fund. The $2.2M seed round was covered by us in July 2025. Founded in July 2023, Bangalore based. Founders: CEO Anoop was previously the director of R&D programs at Ola; COO Ravi Kulkarni previously co-founded NAE Mobility and was the head of proto and process engineering at Olectra Greentech.

Manufacturer of EV batteries and battery systems, supporting the transition to electric mobility by offering reliable, locally-made battery solutions for EV two­-wheelers, three-wheelers and small commercial vehicles. By building in-house battery design and production capabilities, it aims to dependence on imports. ₹8CR Pre-Series A round led by Inflection Point Ventures, with participation from Indian Angel Network, Chennai Angels, Keiretsu Forum. Founded in Jan 2018. Founder Ashwin (Purdue, Stanford - Master's in Electrical Engineering) was previously an Incubatee at Venture Center (a science and tech incubator in Pune) and a Research Associate at the Center for Techonology, Innovation and Economic Research.