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Exclusive: Battery Smart Bags $29 Mn From Rising Tide Energy, Others

  • Delhi NCR-based battery swapping startup Battery Smart raised $29 Mn in its ongoing Series B extension round led by Rising Tide Energy.
  • Other participants in the funding round include responsAbility, Ecosystem Integrity Fund, and LeapFrog Investments.
  • Battery Smart plans to utilize the capital to expand its presence in existing cities and enter new markets.
  • Founded in 2020, Battery Smart has raised a total of over $139 Mn in funding and currently has the highest number of swapping stations in Delhi NCR.

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