Xbattery, a Hyderabad-based battery tech startup raises $2.3M Seed Funding

Hyderabad-based battery tech startup Xbattery raised $2.3M in seed funding led by Bipin Patel Family Office and Jhaveri Credits. Founded by Satish Reddy, Sonu Mishra, and Varshith Rao, Xbattery develops BharatBMS, a high-voltage BMS for EVs and energy storage. The funds will support R&D, hardware sourcing, and team growth, while the startup seeks partnerships with EV OEMs to reduce import dependency amid sector growth.