BatteryPool raises $960K to scale its battery fleet and expand its presence across India

BatteryPool raised $960K in pre-Series A funding led by Inflection Point Ventures to scale its EV battery fleet and expand across India. Founded by Ashwin Shankar in 2020, it runs a pay-as-you-go model with IoT-enabled battery management. Managing 2,000 batteries in six cities, it monetizes battery lifecycles. With India’s EV count doubling to 4 million by FY25, demand for such solutions is rising.