Radar · Energy Tech in India
Best Energy Tech Companies in India
The 2556 best Energy Tech companies in India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Erisha E Mobility.
By Riya SenguptaFinancials
2556companies tracked
$9.5Bdisclosed funding
5unicorns
571have raised
The 2,556 Energy Tech companies tracked in India represent one of the densest concentrations of climate-linked capital anywhere in emerging markets, and this directory ranks them by disclosed equity funding and recent funding momentum. Total disclosed funding across the cohort hits $9.5 billion, with five unicorns in the mix.
The headline numbers tell you where conviction is pooling. GreenCell Mobility leads all filers at $552 million raised, followed by Bounce Infinity at $222 million and Euler Motors at $130 million. That's a lot of real capital chasing electric mobility specifically, and I'd note that Battery Smart ($110 million) and Polaris ($80 million) round out a funding stack that skews hard toward fleet electrification and battery infrastructure. So what's moving at the application layer? Median install growth across 138 tracked energy apps runs at roughly 28% year-over-year, a signal that consumer-facing energy products are gaining ground fast. Hot themes right now include solar electricity generation, solar PV, and green data centers, as recent energy tech roundups and emerging green energy coverage both confirm. Oil price volatility is also keeping legacy energy tech relevant, even as the funding story tilts unmistakably toward clean transition plays.
Sources & further reading
- Oil India partners with TotalEnergies for deep and ultra-deepwater exploration
- West Asia war lays bare weak links in India’s renewable energy plan, grid networ
- Dahbashi Engineering Shifts to On-Grid Solar at Dubai Headquarters to Cut Energy
FLIAR INTELLIGENCE · ENERGY TECH × INDIA
Our analysis of 50 Energy Tech companies
$5.0b in tracked funding; 84% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2024.
50companies analysed
84%cloud-native stacks
2024funding peak (by rounds)
3unicorns
2019median founding year
4Mcombined LinkedIn audience
45%of audience held by top 3
7companies hiring publicly (12 mo)
Ranked: Best Energy Tech companies in India
| # | Company | Revenue | Disclosed funding | Last round | Revenue YoY | Employees | Market signals (1y) | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Ola Electric 🦄 Manufacturer of electric scooters, motorcycles, and energy storage solutions 82Moat top 18%Market top 19%Innovation top 20%Patents top 21% All 13 signals ▾Moattop 18% Markettop 19% Innovationtop 20% Patentstop 21% Fundingtop 22% Techtop 22% Producttop 27% Talenttop 27% Customerstop 33% Newstop 46% Fin. healthbottom 48% Globalbottom 42% Growthbottom 40% Moat: Top 1% by revenue among 625 tracked Electric Vehicles companies · Editorial + unicorn rating 6/10 Market: 3,709 employees (top 9% of Energy Tech) · Revenue ~$583M rank vs industry peers · Fliar Intelligence Index 82/100 | $583M FY2025 | $1000M | 24 mo ago | -6% | 3,709 3,709 → 8,744 (+136%) · sector median +57% | 242 signals ▼62% Announcements · Earnings · New product | 119 patents Battery pack thermal management and control systems for electric two‑wheel vehicles | — |
| 2 | Ather Energy 🦄 Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories 89Market top 15%Customers top 17%Moat top 17%Funding top 18% All 14 signals ▾Markettop 15% Customerstop 17% Moattop 17% Fundingtop 18% Techtop 18% Producttop 23% Innovationtop 28% Partnerstop 28% Newstop 31% Growthtop 36% Patentstop 39% Fin. healthtop 39% Talenttop 42% Globalbottom 39% Market: 1,470 employees (top 5% of Auto Tech) · Revenue ~$273M Customers: Play-Store rating 4.20★ across 97,080 ratings (2 apps) · Marquee-customer mentions: top 7% of tracked companies rank vs industry peers · Fliar Intelligence Index 89/100 | $273M FY2025 | $502M | 22 mo ago | +29% | 1,470 | 182 signals Announcements · Earnings · New product | 19 patents Electric vehicle powertrain and battery management systems, including thermal control and charging infrastructure. | 2 job openings · 1 launch · 1 award |
| 3 | Ecozen Solutions Developer of automated irrigation systems leveraging AI and IoT 89Fin. health top 12%Moat top 20%Funding top 22%Product top 25% All 11 signals ▾Fin. healthtop 12% Moattop 20% Fundingtop 22% Producttop 25% Techtop 26% Talenttop 28% Markettop 31% Innovationtop 32% Growthtop 33% Globalbottom 39% Newsbottom 24% Fin. health: Revenue ~$137M (FY2024) · Net margin 24.3% Moat: Top 1% by revenue among 1177 tracked Crop Tech companies · Editorial + unicorn rating 8/10 rank vs industry peers · Fliar Intelligence Index 89/100 | $137M FY2025 | $29M | 7 mo ago | +150% | 572 572 → 558 (-2%) · sector median +57% | — | — | — |
| 4 | Kimbal Provider of advanced metering infrastructure, smart grid automation, and energy management solutions 78Growth top 16%Moat top 22%Fin. health top 24%Talent top 28% All 10 signals ▾Growthtop 16% Moattop 22% Fin. healthtop 24% Talenttop 28% Fundingtop 33% Markettop 40% Newstop 45% Producttop 46% Techbottom 45% Globalbottom 37% Growth: Headcount 129 → 379 (+194%) across vintages · Revenue +335% YoY Moat: Top 2% by revenue among 64 tracked Smart Grid companies · Editorial + unicorn rating 7/10 rank vs industry peers · Fliar Intelligence Index 78/100 | $114M FY2025 | $17M | 1 mo ago | +335% | 379 379 → 734 (+94%) · sector median +57% | — | — | — |
| 5 | GPS Renewables Provider of biogas engineering and clean fuels technology solutions 69Growth top 24%Moat top 27%Funding top 33%Fin. health top 33% All 13 signals ▾Growthtop 24% Moattop 27% Fundingtop 33% Fin. healthtop 33% Techtop 34% Talenttop 35% Markettop 40% Newstop 40% Producttop 49% Globalbottom 44% Partnersbottom 42% Patentsbottom 38% Innovationbottom 34% Growth: Headcount 291 → 640 (+120%) across vintages · Fresh capital in last 24 mo Moat: Top 1% by revenue among 174 tracked Solid Waste Management Tech companies · Editorial + unicorn rating 7/10 rank vs industry peers · Fliar Intelligence Index 69/100 | $114M FY2025 | $20M | 2 mo ago | — | 640 640 → 907 (+42%) · sector median +57% | 4 signals ▲33% Leadership · Capital raise · Contracts | 2 patents Patents concentrated in chemistry & materials | — |
| 6 | Lohum Recycles lithium-ion batteries and repurposes battery raw materials through low-carbon refining 72Moat top 20%Funding top 27%Talent top 28%Partners top 32% All 10 signals ▾Moattop 20% Fundingtop 27% Talenttop 28% Partnerstop 32% Growthtop 34% Techtop 36% Markettop 40% Fin. healthtop 47% Newstop 48% Globalbottom 39% Moat: Top 1% by revenue among 393 tracked Energy Storage Tech companies · Editorial + unicorn rating 8/10 Funding: Raised $62.5M across 13 rounds · 13 rounds over 8 yrs (1.6/yr) rank vs industry peers · Fliar Intelligence Index 72/100 | $99M FY2025 | $63M | 8 mo ago | — | 317 317 → 497 (+57%) · sector median +57% | 7 signals ▼59% Regulatory · Announcements · Capital raise | — | 1 award |
| 7 | GreenCell Mobility Provider of end-to-end e-mobility solutions, including electric bus operations and technology services 55News top 17%Funding top 21%Growth top 25%Moat top 27% All 11 signals ▾Newstop 17% Fundingtop 21% Growthtop 25% Moattop 27% Producttop 40% Innovationtop 43% Fin. healthtop 46% Markettop 48% Talentbottom 40% Globalbottom 39% Techbottom 21% News: 9 BI events in 12 mo (of 39 tracked, 5 types) · +350% YoY Funding: Raised $552M across 5 rounds · 5 rounds over 4 yrs (1.2/yr) rank vs industry peers · Fliar Intelligence Index 55/100 | $80M FY2025 | $552M | 4 mo ago | +32% | 11 | 9 signals ▲350% Funding · Announcements · Leadership | — | 1 partnership · 2 awards |
| 8 | PMI Electro Mobility Electric bus manufacturer and e-mobility solutions provider focused on designing and producing… 62Moat top 27%Talent top 28%Funding top 31%Fin. health top 33% All 9 signals ▾Moattop 27% Talenttop 28% Fundingtop 31% Fin. healthtop 33% Markettop 38% Growthtop 42% Newsbottom 44% Globalbottom 37% Techbottom 28% Moat: Top 2% by revenue among 625 tracked Electric Vehicles companies · Editorial + unicorn rating 5/10 Talent: 3 named leaders on record · 3 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 62/100 | $68M FY2025 | $30M | 11 mo ago | +32% | 373 | 3 signals ▼40% Funding · Lawsuit | — | — |
| 9 | SUN Mobility Provider of battery swapping services for electric vehicles and related infrastructure 62Moat top 21%Talent top 28%Partners top 31%Growth top 33% All 11 signals ▾Moattop 21% Talenttop 28% Partnerstop 31% Growthtop 33% Newstop 33% Markettop 34% Fundingtop 39% Fin. healthtop 45% Producttop 46% Globalbottom 45% Techbottom 28% Moat: Top 4% by revenue among 625 tracked Electric Vehicles companies · Editorial + unicorn rating 8/10 Talent: 3 named leaders on record · 3 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 62/100 | $40M FY2025 | $50M | 10 mo ago | +17% | 536 536 → 921 (+72%) · sector median +57% | 5 signals ▲25% Capital raise · Funding | — | 1 award |
| 10 | Aerem Solar financing, equipment procurement, and performance monitoring solutions 76Fin. health top 23%Growth top 27%Moat top 27%Funding top 32% All 10 signals ▾Fin. healthtop 23% Growthtop 27% Moattop 27% Fundingtop 32% Techtop 33% Talenttop 38% Producttop 47% Markettop 49% Globalbottom 39% Newsbottom 21% Fin. health: Revenue ~$33.1M (FY2024) · Net margin 9.6% Growth: Headcount 44 → 59 (+34%) across vintages · Revenue +58% YoY rank vs industry peers · Fliar Intelligence Index 76/100 | $33M FY2025 | $8M | 4 mo ago | +58% | 59 | — | — | — |
| 11 | Battery Smart Platform offering operator of battery-swapping network for electric vehicles and related services 69Moat top 21%Funding top 24%Growth top 25%Market top 33% All 11 signals ▾Moattop 21% Fundingtop 24% Growthtop 25% Markettop 33% Newstop 34% Producttop 37% Talenttop 38% Fin. healthtop 42% Techtop 47% Innovationbottom 46% Globalbottom 39% Moat: Top 4% by revenue among 625 tracked Electric Vehicles companies · Editorial + unicorn rating 8/10 Funding: Raised $110M across 11 rounds · 11 rounds over 6 yrs (1.8/yr) rank vs industry peers · Fliar Intelligence Index 69/100 | $33M FY2025 | $110M | 1 mo ago | +49% | 419 | 6 signals ▼45% Funding · New product · Earnings | — | 1 internship · 1 award |
| 12 | EKA Manufacturer of electric buses trucks and small commercial transport vehicles 72Growth top 18%Moat top 21%Funding top 33%Market top 35% All 10 signals ▾Growthtop 18% Moattop 21% Fundingtop 33% Markettop 35% Fin. healthtop 39% Talentbottom 49% Techbottom 48% Productbottom 45% Globalbottom 37% Newsbottom 27% Growth: Headcount 198 → 362 (+83%) across vintages · Revenue +335% YoY Moat: Top 5% by revenue among 625 tracked Electric Vehicles companies · Editorial + unicorn rating 8/10 rank vs industry peers · Fliar Intelligence Index 72/100 | $29M FY2025 | $124M | 8 mo ago | +335% | 362 | — | — | 3 partnerships |
| 13 | Yulu Platform offering shared electric two-wheeler rentals 72Moat top 20%Customers top 23%Funding top 25%Tech top 27% All 13 signals ▾Moattop 20% Customerstop 23% Fundingtop 25% Techtop 27% Talenttop 28% Markettop 33% Innovationtop 33% Partnerstop 35% Producttop 39% Fin. healthbottom 47% Growthbottom 42% Globalbottom 39% Newsbottom 35% Moat: Top 3% by revenue among 458 tracked Road Transport Tech companies · Editorial + unicorn rating 8/10 Customers: Play-Store rating 4.08★ across 151,364 ratings (2 apps) · Review volume +11% in 6 mo rank vs industry peers · Fliar Intelligence Index 72/100 | $29M FY2025 | $124M | 11 mo ago | — | 236 | — | — | — |
| 14 | Euler Motors Manufacturer of electric commercial vehicles and TCO calculation service 74Innovation top 20%Moat top 22%Funding top 23%Tech top 24% All 12 signals ▾Innovationtop 20% Moattop 22% Fundingtop 23% Techtop 24% Producttop 28% Markettop 34% Newstop 35% Partnerstop 42% Growthtop 45% Talentbottom 49% Fin. healthbottom 42% Globalbottom 39% Innovation: 7 new-product events in 24 mo · Deep-tech classification: Tech Hardware Moat: Top 5% by revenue among 625 tracked Electric Vehicles companies · Editorial + unicorn rating 8/10 rank vs industry peers · Fliar Intelligence Index 74/100 | $24M FY2025 | $130M | 3 mo ago | — | 461 | 32 signals Funding · Announcements · New product | — | 1 launch · 1 partnership · 1 award |
| 15 | Blu-Smart Platform offering electric vehicle fleet undergoing corporate insolvency resolution process 60Moat top 25%Funding top 29%Tech top 31%Market top 32% All 12 signals ▾Moattop 25% Fundingtop 29% Techtop 31% Markettop 32% Growthtop 33% Fin. healthtop 44% Newstop 47% Productbottom 47% Talentbottom 40% Globalbottom 39% Innovationbottom 33% Patentsbottom 33% Moat: Top 4% by revenue among 458 tracked Road Transport Tech companies · Editorial + unicorn rating 8/10 Funding: Raised $142M across 15 rounds · 15 rounds over 7 yrs (2.1/yr) rank vs industry peers · Fliar Intelligence Index 60/100 | $21M FY2024 | $142M | 17 mo ago | +142% | 803 | 9 signals ▼88% Lawsuit · Leadership | 2 patents Dynamic vehicle dispatch and ride-request allocation algorithms for ride‑hailing platforms | — |
| 16 | Blue Energy Motors Platform offering heavy duty trucks 53Moat top 29%Innovation top 32%Growth top 36%News top 36% All 11 signals ▾Moattop 29% Innovationtop 32% Growthtop 36% Newstop 36% Markettop 46% Producttop 46% Fundingbottom 49% Talentbottom 49% Fin. healthbottom 44% Globalbottom 43% Techbottom 33% Moat: Top 8% by revenue among 625 tracked Electric Vehicles companies · Editorial + unicorn rating 5/10 Innovation: 4 new-product events in 24 mo rank vs industry peers · Fliar Intelligence Index 53/100 | $17M FY2025 | $30M | 8 mo ago | — | 62 | 18 signals Funding · Announcements · New product | — | — |
| 17 | RevFin Digital lending platform providing loans for electric vehicle drivers 64Moat top 26%Growth top 27%Funding top 31%Product top 40% All 11 signals ▾Moattop 26% Growthtop 27% Fundingtop 31% Producttop 40% Customerstop 41% Talenttop 41% Techtop 44% Fin. healthtop 46% Markettop 47% Globalbottom 39% Newsbottom 24% Moat: Top 10% by revenue among 743 tracked Alternative Lending companies · Editorial + unicorn rating 7/10 Growth: Headcount 43 → 112 (+160%) across vintages · Revenue +68% YoY rank vs industry peers · Fliar Intelligence Index 64/100 | $16M FY2025 | $31M | 12 mo ago | +68% | 112 | — | — | — |
| 18 | Integrum Energy Provider of hybrid renewable energy solutions integrating wind and solar power 27Moat top 34%Talent top 38%Funding bottom 49%Tech bottom 48% All 9 signals ▾Moattop 34% Talenttop 38% Fundingbottom 49% Techbottom 48% Marketbottom 42% Fin. healthbottom 39% Growthbottom 32% Globalbottom 30% Newsbottom 18% Moat: Top 9% by revenue among 132 tracked Renewable Energy Tech companies · Editorial + unicorn rating 3/10 Talent: 2 named leaders on record · 2 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 27/100 | $14M FY2025 | $5M | 3 mo ago | -48% | — | — | — | 2 job openings |
| 19 | EMotorad Electric vehicle company offering a range of premium e-bikes and accessories 57Tech top 24%Moat top 25%Talent top 28%Funding top 37% All 9 signals ▾Techtop 24% Moattop 25% Talenttop 28% Fundingtop 37% Markettop 46% Growthbottom 49% Globalbottom 43% Fin. healthbottom 37% Newsbottom 24% Tech: 44 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 Moat: Top 9% by revenue among 625 tracked Electric Vehicles companies · Editorial + unicorn rating 7/10 rank vs industry peers · Fliar Intelligence Index 57/100 | $14M FY2025 | $26M | 2 mo ago | -8% | 98 | — | — | — |
| 20 | Indigrid Technology Platform offering electric vehicle powertrain products and electronic design manufacturing services 53Growth top 25%Moat top 30%Partners top 31%News top 35% All 10 signals ▾Growthtop 25% Moattop 30% Partnerstop 31% Newstop 35% Talenttop 38% Fin. healthtop 42% Fundingtop 47% Markettop 50% Globalbottom 32% Techbottom 23% Growth: Headcount 51 → 84 (+65%) across vintages · Revenue +62% YoY Moat: Top 9% by revenue among 625 tracked Electric Vehicles companies · Editorial + unicorn rating 4/10 rank vs industry peers · Fliar Intelligence Index 53/100 | $13M FY2025 | $6M | 5 mo ago | +62% | 84 84 → 193 (+130%) · sector median +57% | 18 signals Funding · Acquisition · M&A | — | 1 award |
| 21 | Ecofy Financial solutions for the electric vehicle, solar, and SME sectors 69Growth top 16%News top 19%Moat top 26%Funding top 30% All 11 signals ▾Growthtop 16% Newstop 19% Moattop 26% Fundingtop 30% Talenttop 38% Markettop 39% Fin. healthtop 42% Techtop 44% Producttop 49% Innovationbottom 40% Globalbottom 39% Growth: Headcount 119 → 208 (+75%) across vintages · Revenue +206% YoY News: 6 BI events in 12 mo (of 17 tracked, 5 types) · +200% YoY rank vs industry peers · Fliar Intelligence Index 69/100 | $13M FY2025 | $11M | 1 mo ago | +206% | 208 208 → 422 (+103%) · sector median +57% | 6 signals ▲200% Funding · Capital raise | — | — |
| 22 | Rideriver Operator of transportation network, connecting riders with independent service providers 60Moat top 23%Tech top 31%Funding top 34%Market top 36% All 10 signals ▾Moattop 23% Techtop 31% Fundingtop 34% Markettop 36% Talenttop 38% Growthtop 43% Producttop 46% Globalbottom 39% Newsbottom 35% Fin. healthbottom 34% Moat: Top 10% by revenue among 625 tracked Electric Vehicles companies · Editorial + unicorn rating 8/10 Tech: 37 technologies across 5/8 capability areas · Cloud: Amazon Cloudfront, Amazon Web Services rank vs industry peers · Fliar Intelligence Index 60/100 | $12M FY2025 | $68M | 4 mo ago | — | 323 | 3 signals ▼50% Announcements · Funding | — | — |
| 23 | Magenta Provider of electric vehicle fleets and charging infrastructure management services 55Moat top 23%Funding top 34%Talent top 38%Partners top 41% All 11 signals ▾Moattop 23% Fundingtop 34% Talenttop 38% Partnerstop 41% Growthtop 42% Newstop 42% Markettop 43% Producttop 46% Techbottom 46% Fin. healthbottom 46% Globalbottom 37% Moat: Top 10% by revenue among 865 tracked Logistics Tech companies · Editorial + unicorn rating 8/10 Funding: Raised $56.2M across 8 rounds · 8 rounds over 7 yrs (1.1/yr) rank vs industry peers · Fliar Intelligence Index 55/100 | $10M FY2025 | $56M | 14 mo ago | +89% | 279 279 → 365 (+31%) · sector median +57% | 9 signals ▼76% Leadership · Funding | — | 1 job opening |
| 24 | Statiq Network of electric vehicle chargers and related software solutions provider 80Tech top 20%Moat top 22%Market top 30%Growth top 30% All 11 signals ▾Techtop 20% Moattop 22% Markettop 30% Growthtop 30% Fundingtop 32% Customerstop 33% Talenttop 38% Fin. healthtop 44% Producttop 47% Newstop 49% Globalbottom 39% Tech: 72 technologies across 6/8 capability areas · Cloud: Amazon Web Services, Cloudflare Moat: Top 2% by revenue among 50 tracked Smart Cities companies · Editorial + unicorn rating 7/10 rank vs industry peers · Fliar Intelligence Index 80/100 | $9M FY2025 | $28M | 3 mo ago | +74% | 230 230 → 301 (+31%) · sector median +57% | 4 signals ▼43% Funding · Capital raise | — | 2 launchs · 3 expansions |
| 25 | Smart Joules Provider of AI-powered energy efficiency solutions for commercial buildings 76Moat top 22%Talent top 28%Growth top 30%Product top 30% All 12 signals ▾Moattop 22% Talenttop 28% Growthtop 30% Producttop 30% Innovationtop 34% Newstop 34% Fundingtop 35% Markettop 42% Fin. healthtop 42% AItop 45% Techtop 49% Globalbottom 39% Moat: Top 1% by revenue among 73 tracked IoT Applications companies · Editorial + unicorn rating 7/10 Talent: 3 named leaders on record · 3 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 76/100 | $8M FY2025 | $7M | 6 mo ago | +40% | 192 192 → 250 (+30%) · sector median +57% | 4 signals ▲100% Funding · Capital raise | — | 2 partnerships |
| 26 | Bounce Infinity Manufacturer of electric scooters featuring removable batteries for portable charging 57Tech top 17%Funding top 21%Moat top 25%Talent top 28% All 11 signals ▾Techtop 17% Fundingtop 21% Moattop 25% Talenttop 28% Innovationtop 34% Producttop 38% Markettop 50% Growthbottom 42% Globalbottom 39% Fin. healthbottom 25% Newsbottom 21% Tech: 43 technologies across 6/8 capability areas · Cloud: Amazon S3, Amazon Web Services Funding: Raised $222M across 14 rounds · 14 rounds over 11 yrs (1.3/yr) rank vs industry peers · Fliar Intelligence Index 57/100 | $8M FY2025 | $222M | 5 mo ago | -28% | 107 107 → 126 (+18%) · sector median +57% | — | — | 2 internships |
| 27 | 3evi Developer of software facilitating data analysis and workflow automation processes 48Moat top 33%Growth top 35%Talent top 38%Product top 41% All 10 signals ▾Moattop 33% Growthtop 35% Talenttop 38% Producttop 41% Newstop 44% Fundingtop 48% Fin. healthtop 50% Marketbottom 49% Globalbottom 37% Techbottom 33% Moat: Top 15% by revenue among 625 tracked Electric Vehicles companies · Editorial + unicorn rating 5/10 Growth: Headcount 212 → 222 (+5%) across vintages · Revenue +205% YoY rank vs industry peers · Fliar Intelligence Index 48/100 | $6M FY2025 | $25M | 9 mo ago | +205% | 222 | — | — | — |
| 28 | Simpl Energy Manufacturer of electric scooters designed for urban and long-distance travel 62Tech top 25%Moat top 26%Talent top 28%Growth top 41% All 9 signals ▾Techtop 25% Moattop 26% Talenttop 28% Growthtop 41% Fundingtop 43% Markettop 45% Productbottom 48% Fin. healthbottom 46% Globalbottom 37% Tech: 30 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 Moat: Top 17% by revenue among 625 tracked Electric Vehicles companies · Editorial + unicorn rating 8/10 rank vs industry peers · Fliar Intelligence Index 62/100 | $5M FY2025 | $73M | 8 mo ago | +358% | 254 254 → 619 (+144%) · sector median +57% | — | — | 1 expansion |
| 29 | Exponent Energy Provider of rapid-charging battery, charger, and connector technology for EVs 55Moat top 27%Talent top 28%Funding top 30%Growth top 32% All 11 signals ▾Moattop 27% Talenttop 28% Fundingtop 30% Growthtop 32% Innovationtop 39% Producttop 46% Markettop 47% Techbottom 42% Globalbottom 39% Fin. healthbottom 27% Newsbottom 20% Moat: Top 12% by revenue among 393 tracked Energy Storage Tech companies · Editorial + unicorn rating 7/10 Talent: 3 named leaders on record · 3 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 55/100 | $5M FY2025 | $47M | 4 mo ago | — | 229 229 → 301 (+31%) · sector median +57% | — | — | 2 partnerships |
| 30 | Ultraviolette Manufacturer of electric motorcycles, components, rider safety equipment, and charging infrastructure 67Innovation top 20%Moat top 27%Funding top 28%Product top 31% All 11 signals ▾Innovationtop 20% Moattop 27% Fundingtop 28% Producttop 31% Techtop 32% Newstop 35% Growthtop 36% Talenttop 38% Markettop 42% Globalbottom 39% Fin. healthbottom 25% Innovation: 8 new-product events in 24 mo · Deep-tech classification: Tech Hardware Moat: Top 20% by revenue among 625 tracked Electric Vehicles companies · Editorial + unicorn rating 8/10 rank vs industry peers · Fliar Intelligence Index 67/100 | $4M FY2025 | $64M | 6 mo ago | — | 316 316 → 552 (+75%) · sector median +57% | 29 signals ▼19% Funding · Announcements · New product | — | 1 launch |
| 31 | Zeno Provider of high-performance electric mobility solutions 48Growth top 28%Talent top 28%Moat top 33%Funding top 41% All 9 signals ▾Growthtop 28% Talenttop 28% Moattop 33% Fundingtop 41% Globalbottom 48% Productbottom 48% Marketbottom 46% Techbottom 46% Fin. healthbottom 23% Growth: Web rank 10,000,000 → 5,000,000 YoY · Fresh capital in last 24 mo Talent: 4 named leaders on record · 4 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 48/100 | $3M FY2025 | $34M | 3 mo ago | — | — | — | — | 1 job opening · 2 expansions |
| 32 | Hala Mobility Platform offering electric mobility solutions 53Talent top 28%Innovation top 33%Moat top 36%Tech top 40% All 11 signals ▾Talenttop 28% Innovationtop 33% Moattop 36% Techtop 40% Producttop 40% Fin. healthtop 44% Fundingtop 48% Growthtop 48% Marketbottom 35% Globalbottom 32% Newsbottom 26% Talent: 3 named leaders on record · 3 C-suite/founder profiles curated Innovation: 12 product lines rank vs industry peers · Fliar Intelligence Index 53/100 | $3M FY2025 | $7M | 4 mo ago | +111% | 35 | — | — | — |
| 33 | Turno Operator of an online electric vehicle marketplace 55Growth top 25%Funding top 36%Tech top 37%Talent top 38% All 10 signals ▾Growthtop 25% Fundingtop 36% Techtop 37% Talenttop 38% Newstop 46% Productbottom 48% Moatbottom 45% Marketbottom 41% Fin. healthbottom 41% Globalbottom 37% Growth: Headcount 165 → 202 (+22%) across vintages · Revenue +243% YoY Funding: Raised $23.3M across 6 rounds · 6 rounds over 4 yrs (1.5/yr) rank vs industry peers · Fliar Intelligence Index 55/100 | $3M FY2025 | $23M | 5 mo ago | +243% | 202 202 → 396 (+96%) · sector median +57% | — | — | — |
| 34 | Oben Electric Platform offering two wheeler motorcycle products 64Talent top 28%Tech top 29%Growth top 30%Moat top 33% All 12 signals ▾Talenttop 28% Techtop 29% Growthtop 30% Moattop 33% Innovationtop 35% Patentstop 38% Fundingtop 43% Newstop 50% Productbottom 48% Marketbottom 47% Fin. healthbottom 41% Globalbottom 37% Talent: 3 named leaders on record · 3 C-suite/founder profiles curated Tech: 36 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon Web Services rank vs industry peers · Fliar Intelligence Index 64/100 | $2M FY2025 | $13M | 5 mo ago | +1285% | 122 | 5 signals ▼67% Funding · Capital raise | 10 patents IoT-enabled battery swapping and control systems for electric two‑wheelers. | — |
| 35 | Chargeup Platform offering electric vehicle charging station network operators 60Growth top 23%Talent top 28%Moat top 31%Innovation top 33% All 11 signals ▾Growthtop 23% Talenttop 28% Moattop 31% Innovationtop 33% Newstop 37% Fundingtop 42% Techtop 46% Producttop 46% Fin. healthbottom 42% Marketbottom 40% Globalbottom 32% Growth: Headcount 77 → 116 (+51%) across vintages · Revenue +161% YoY Talent: 3 named leaders on record · 3 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 60/100 | $2M FY2025 | $10M | 4 mo ago | +161% | 116 116 → 91 (-22%) · sector median +57% | — | — | — |
| 36 | TIEA Manufacturer of electrical and electronic connectors for demanding, mission-critical applications 40Growth top 31%Fin. health top 46%Funding top 47%Tech top 47% All 9 signals ▾Growthtop 31% Fin. healthtop 46% Fundingtop 47% Techtop 47% Talentbottom 49% Globalbottom 39% Moatbottom 37% Marketbottom 25% Newsbottom 18% Growth: Headcount 40 → 43 (+8%) across vintages · Revenue +144% YoY Fin. health: Revenue ~$1.7M (FY2023) · Net margin 0.1% rank vs industry peers · Fliar Intelligence Index 40/100 | $2M FY2025 | $1M | 0 mo ago | +144% | 43 43 → 54 (+26%) · sector median +57% | — | — | — |
| 37 | MATTER Developer of geared electric motorcycles and EV energy solutions 64Growth top 21%Talent top 28%Tech top 32%News top 32% All 10 signals ▾Growthtop 21% Talenttop 28% Techtop 32% Newstop 32% Fundingtop 34% Producttop 34% Moattop 35% Marketbottom 49% Globalbottom 39% Fin. healthbottom 35% Growth: Headcount 359 → 450 (+25%) across vintages · Revenue +67% YoY Talent: 4 named leaders on record · 4 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 64/100 | $1M FY2025 | $45M | 11 mo ago | +67% | 450 450 → 746 (+66%) · sector median +57% | 17 signals Announcements · Capital raise · Funding | — | 2 partnerships · 1 expansion |
| 38 | Astranova Mobility Provider of electric vehicle leasing and fleet asset management services 53Growth top 13%Funding top 40%Moat top 40%Tech top 49% All 8 signals ▾Growthtop 13% Fundingtop 40% Moattop 40% Techtop 49% Talentbottom 49% Globalbottom 45% Marketbottom 38% Fin. healthbottom 38% Growth: Revenue +4937% YoY · Web rank 50,000,000 → 5,000,000 YoY Funding: Raised $11.5M across 4 rounds · 4 rounds over 2 yrs (2.0/yr) rank vs industry peers · Fliar Intelligence Index 53/100 | $1M FY2025 | $11M | 2 mo ago | +4937% | — | — | — | — |
| 39 | Erisha E Mobility 🦄 Manufacturer of electric two, three-wheelers, cargo vehicles, buses, and charging solutions 37Funding top 27%Moat top 39%Growth top 45%Talent bottom 49% All 9 signals ▾Fundingtop 27% Moattop 39% Growthtop 45% Talentbottom 49% Techbottom 44% Marketbottom 41% Newsbottom 40% Fin. healthbottom 36% Globalbottom 30% Funding: Raised $1.0B across 1 rounds · 1 rounds over 1 yrs (1.0/yr) Moat: Top 41% by revenue among 625 tracked Electric Vehicles companies · Editorial + unicorn rating 4/10 rank vs industry peers · Fliar Intelligence Index 37/100 | $588K FY2023 | $1.0B | 15 mo ago | — | 54 | — | — | — |
| 40 | NewTrace Manufacturer of electrolyzers for on-site green hydrogen production across industries 40Growth top 35%Talent top 38%Tech top 45%News top 45% All 11 signals ▾Growthtop 35% Talenttop 38% Techtop 45% Newstop 45% Moattop 45% Innovationtop 46% Fundingtop 47% Patentstop 47% Globalbottom 40% Marketbottom 36% Fin. healthbottom 22% Growth: Headcount 32 → 96 (+200%) across vintages · Revenue -3% YoY Talent: 2 named leaders on record · 2 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 40/100 | $420K FY2025 | $7M | 3 mo ago | -3% | 96 | — | 3 patents Electrode manufacturing and flow‑by electrolytic reactors for metal plating processes | — |
| 41 | Solfin Provider of SME loans for solar projects 50Growth top 17%Funding top 34%Tech top 40%Talent bottom 49% All 8 signals ▾Growthtop 17% Fundingtop 34% Techtop 40% Talentbottom 49% Moatbottom 44% Fin. healthbottom 40% Marketbottom 34% Globalbottom 32% Growth: Revenue +902% YoY · Web rank 10,000,000 → 5,000,000 YoY Funding: Raised $54.6M across 4 rounds · 4 rounds over 3 yrs (1.3/yr) rank vs industry peers · Fliar Intelligence Index 50/100 | $352K FY2025 | $55M | 0 mo ago | +902% | — | — | — | 1 award |
| 42 | Qucev Platform offering electric commercial vehicles 35Growth top 21%News top 38%Funding top 46%Talent bottom 49% All 9 signals ▾Growthtop 21% Newstop 38% Fundingtop 46% Talentbottom 49% Moatbottom 44% Globalbottom 37% Techbottom 36% Fin. healthbottom 36% Marketbottom 30% Growth: Revenue +1589% YoY · Fresh capital in last 24 mo News: 3 BI events in 12 mo (of 3 tracked, 1 types) · Top themes: Funding rank vs industry peers · Fliar Intelligence Index 35/100 | $317K FY2025 | $19M | 5 mo ago | +1589% | — | 3 signals Funding | — | — |
| 43 | RapteeHV Platform offering electric motorcycles 48Growth top 23%Talent top 28%Tech top 38%Funding top 48% All 9 signals ▾Growthtop 23% Talenttop 28% Techtop 38% Fundingtop 48% Globalbottom 48% Moatbottom 48% Productbottom 40% Fin. healthbottom 32% Marketbottom 27% Growth: Revenue +85% YoY · Fresh capital in last 24 mo Talent: 4 named leaders on record · 4 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 48/100 | $216K FY2025 | $16M | 3 mo ago | +85% | — | — | — | — |
| 44 | ProsParity Financing platform for electric mobility 35Growth top 21%Talent top 28%Funding top 44%Moat bottom 40% All 9 signals ▾Growthtop 21% Talenttop 28% Fundingtop 44% Moatbottom 40% Fin. healthbottom 39% Globalbottom 37% Techbottom 31% Newsbottom 22% Marketbottom 19% Growth: Revenue +57761% YoY · Fresh capital in last 24 mo Talent: 4 named leaders on record · 4 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 35/100 | $123K FY2025 | $2M | 2 mo ago | +57761% | — | — | — | 7 job openings · 1 internship · 1 partnership |
| 45 | Optimist Manufacturer of air conditioning units with energy efficiency and smart features 7Tech top 46%Talent bottom 49%Funding bottom 43%Product bottom 40% All 7 signals ▾Techtop 46% Talentbottom 49% Fundingbottom 43% Productbottom 40% Globalbottom 36% Marketbottom 15% Fin. healthbottom 11% Tech: 25 technologies across 4/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 Talent: 1 named leader on record · 1 C-suite/founder profile curated rank vs industry peers · Fliar Intelligence Index 7/100 | $6K FY2025 | $12M | 4 mo ago | — | — | — | — | 1 partnership |
| 46 | OctoLife Developer of sustainable and accessible cooling solutions 11Growth top 35%Talent bottom 49%Funding bottom 47%Global bottom 45% All 7 signals ▾Growthtop 35% Talentbottom 49% Fundingbottom 47% Globalbottom 45% Techbottom 39% Fin. healthbottom 11% Marketbottom 5% Growth: Fresh capital in last 24 mo Talent: 1 named leader on record · 1 C-suite/founder profile curated rank vs industry peers · Fliar Intelligence Index 11/100 | $6K FY2025 | $12M | 5 mo ago | — | — | — | — | — |
| 47 | Sarla Aviation Developer of electric vertical take-off and landing aircraft for passenger transport 19News top 25%Partners top 31%Growth top 40%Funding top 46% All 12 signals ▾Newstop 25% Partnerstop 31% Growthtop 40% Fundingtop 46% Talentbottom 48% Innovationbottom 47% Productbottom 45% Techbottom 44% Globalbottom 39% Moatbottom 24% Marketbottom 19% Fin. healthbottom 10% News: 16 BI events in 12 mo (of 32 tracked, 6 types) · +0% YoY Partners: 0 partnership announcements in 12 mo (2 in 24 mo) · 4 contract events in 12 mo rank vs industry peers · Fliar Intelligence Index 19/100 | $596 FY2025 | $13M | 4 mo ago | — | — | 16 signals Funding · Contracts · Capital raise | — | 2 partnerships |
| 48 | Polaris Provider of smart energy metering solutions 60Growth top 22%Tech top 25%Product top 31%Funding top 32% All 9 signals ▾Growthtop 22% Techtop 25% Producttop 31% Fundingtop 32% Moattop 38% Markettop 49% Talentbottom 49% Globalbottom 37% Fin. healthbottom 31% Growth: App-install growth +500% YoY · Fresh capital in last 24 mo Tech: 51 technologies across 6/8 capability areas · Cloud: Amazon S3, Amazon Web Services rank vs industry peers · Fliar Intelligence Index 60/100 | — | $80M | 2 mo ago | — | — | — | — | — |
| 49 | Drivn Provider of electric commercial vehicle leasing, financing, and end-of-life solutions 32Talent top 28%Funding top 41%Tech bottom 45%Global bottom 45% All 5 signals ▾Talenttop 28% Fundingtop 41% Techbottom 45% Globalbottom 45% Marketbottom 31% Talent: 3 named leaders on record · 3 C-suite/founder profiles curated Funding: Raised $80.0M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) rank vs industry peers · Fliar Intelligence Index 32/100 | — | $80M | 4 mo ago | — | — | — | — | 2 partnerships |
| 50 | Bacancy Systems Manufacturer of electric vehicle components and embedded systems 32News top 34%Talent top 38%Growth top 45%Funding bottom 46% All 8 signals ▾Newstop 34% Talenttop 38% Growthtop 45% Fundingbottom 46% Techbottom 42% Moatbottom 38% Marketbottom 36% Globalbottom 30% News: 4 BI events in 12 mo (of 4 tracked, 1 types) · Top themes: Funding Talent: 2 named leaders on record · 2 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 32/100 | — | $4M | 2 mo ago | — | — | 4 signals Funding | — | 1 award |
Top 12 Energy Tech companies in India
#1
Acquired · Mumbai, Maharashtra · founded 2019 · 11 employees$552.3Mraised▾
Acquired · Mumbai, Maharashtra · founded 2019 · 11 employees
Provider of end-to-end e-mobility solutions, including electric bus operations and technology services. It is an electric-bus mobility platform in India that offers end-to-end shared e-mobility solutions. They aim to integrate and create powerful connected electric vehicle technology solutions. The company primarily focuses on leveraging proven global experience to become a leading pan-India shared electric mobility player.
Fliar Intelligence Index™ 55how this company ranks against its industry peers
News
top 17%Funding
top 21%Growth
top 25%Moat
top 27%Product
top 40%Innovation
top 43%News: 9 BI events in 12 mo (of 39 tracked, 5 types) · +350% YoY · 6 high-value events (IPO/M&A/funding/contracts) in 12 mo
Funding: Raised $552M across 5 rounds · 5 rounds over 4 yrs (1.2/yr) · Last round Conventional Debt (Jan 2026)
Growth: Revenue +32% YoY · Fresh capital in last 24 mo
Audience (LinkedIn): 38k LinkedIn followers
Activity (LinkedIn): 1 partnerships · 2 awards (incl. L&T Metro Rail (Hyderabad) Ltd.) announced in 12 mo
Funding rounds
- Jan 2026Series C$89M
- Jan 2026Conventional Debt—
- Sep 2025Conventional Debt$37M
- Jul 2023Conventional Debt$365.8M
Founders & team
Investors
REC, Climate Funds Update, Asian Development Bank, AIIB, Goldman Sachs, IFC
Tech stack
Digitalocean SpacesGodaddyNginxPwaUbuntu
#2
Series B · Delhi, Delhi · founded 2019 · 419 employees$110.3Mraised▾
Series B · Delhi, Delhi · founded 2019 · 419 employees
Platform offering operator of battery-swapping network for electric vehicles and related services. It provides battery solutions for drivers and fleets. It also offers resources, media, and safety information. The company focuses on electric vehicle battery technology.
Fliar Intelligence Index™ 69how this company ranks against its industry peers
Moat
top 21%Funding
top 24%Growth
top 25%Market
top 33%News
top 34%Product
top 37%Moat: Top 4% by revenue among 625 tracked Electric Vehicles companies · Editorial + unicorn rating 8/10 · Soonicorn
Funding: Raised $110M across 11 rounds · 11 rounds over 6 yrs (1.8/yr) · Last round Conventional Debt (Apr 2026)
Growth: Headcount 267 → 419 (+57%) across vintages · Revenue +49% YoY · Fresh capital in last 24 mo
Audience (LinkedIn): 130k LinkedIn followers — 3.3% of this cohort's audience
Activity (LinkedIn): 1 awards announced in 12 mo
Funding rounds
- Apr 2026Conventional Debt$15M
- Dec 2025Series B$7.4M
- 2025Venture Debt—
- Mar 2025Series B$29M
Founders & team
Investors
MUFG, Blume Venture, Ecosystem Integrity Fund, British International Investment, LeapFrog Investments, Panasonic
Tech stack
Amazon Web ServicesAws Certificate ManagerCore-JsFacebook PixelGoogle AnalyticsGoogle Workspace
#3
Series E · Delhi, Delhi · founded 2018 · 461 employees$130.3Mraised▾
Series E · Delhi, Delhi · founded 2018 · 461 employees
Manufacturer of electric commercial vehicles and TCO calculation service. The company provides electric loading vehicles for commercial use. It offers a tool to calculate and compare vehicle profitability. The tool allows users to select vehicles and input usage details.
Fliar Intelligence Index™ 74how this company ranks against its industry peers
Innovation
top 20%Moat
top 22%Funding
top 23%Tech
top 24%Product
top 28%Market
top 34%Innovation: 7 new-product events in 24 mo · Deep-tech classification: Tech Hardware
Moat: Top 5% by revenue among 625 tracked Electric Vehicles companies · Editorial + unicorn rating 8/10 · Soonicorn
Funding: Raised $130M across 14 rounds · 14 rounds over 8 yrs (1.8/yr) · Last round Conventional Debt (Mar 2026)
Audience (LinkedIn): 143k LinkedIn followers — 3.6% of this cohort's audience
Activity (LinkedIn): 1 product launches · 1 partnerships · 1 awards (incl. Baramati, Maharashtra) announced in 12 mo
Funding rounds
- Mar 2026Conventional Debt$27.1M
- Mar 2026Series E$47.8M
- May 2025Series D$75.3M
- Mar 2025Series D—
Founders & team
Investors
Blume Venture, QRG Holdings, Sheel Oil & Fats, Kailas Family, Saama, Jetty Ventures
Tech stack
Amazon CloudfrontAmazon S3Amazon Web ServicesApache TomcatCdnjsCloudflare
#4
Series C · Gurugram, Haryana · founded 2022$54.6Mraised▾
Series C · Gurugram, Haryana · founded 2022
Provider of SME loans for solar projects. Company collaborates with real estate developers to finance and oversee the development of community-scale, ground-mounted solar arrays that generate clean power.
Fliar Intelligence Index™ 50how this company ranks against its industry peers
Growth
top 17%Funding
top 34%Tech
top 40%Talent
bottom 49%Moat
bottom 44%Fin. health
bottom 40%Growth: Revenue +902% YoY · Web rank 10,000,000 → 5,000,000 YoY · Fresh capital in last 24 mo
Funding: Raised $54.6M across 4 rounds · 4 rounds over 3 yrs (1.3/yr) · Last round Series C (May 2026)
Tech: 30 technologies across 5/8 capability areas · Cloud: Cloudflare · Devops: Nginx
Audience (LinkedIn): 3k LinkedIn followers
Activity (LinkedIn): 1 awards announced in 12 mo
Funding rounds
- May 2026Series C$28.9M
- Feb 2026Series B$13.7M
- May 2025Series A$11.7M
- Mar 2023Seed$213K
Founders & team
Investors
Waaree Sustainable Finance, PointOne Capital, QED Innovation Labs, LetsVenture, Arham Investment, Navkar Ventures
Tech stack
Animate.CssBootstrapCdnjsChart.JsCloudflareEmotion
#5
Series F · Gurugram, Haryana · founded 2014 · 107 employees$221.9Mraised▾
Series F · Gurugram, Haryana · founded 2014 · 107 employees
Manufacturer of electric scooters featuring removable batteries for portable charging. These vehicles utilize electric motors and rechargeable power units to facilitate personal transportation. The design incorporates detachable battery technology to allow for charging at standard electrical outlets. The product line includes multiple models with varying performance specifications regarding speed and distance capabilities. Customers may access financing options for vehicle acquisition and utilize service networks for maintenance requirements.
Fliar Intelligence Index™ 57how this company ranks against its industry peers
Tech
top 17%Funding
top 21%Moat
top 25%Talent
top 28%Innovation
top 34%Product
top 38%Tech: 43 technologies across 6/8 capability areas · Cloud: Amazon S3, Amazon Web Services · Devops: Nginx
Funding: Raised $222M across 14 rounds · 14 rounds over 11 yrs (1.3/yr) · Last round Series F (Dec 2025)
Moat: Top 14% by revenue among 625 tracked Electric Vehicles companies · Editorial + unicorn rating 8/10 · Soonicorn
Audience (LinkedIn): 19k LinkedIn followers
Activity (LinkedIn): 1 partnerships (incl. Force Ventures LLP) announced in 12 mo
Funding rounds
- Dec 2025Series F$5M
- Feb 2024Series E—
- 2023Grant (prize money)—
- Jan 2023Series D$20M
Founders & team
Investors
Innoven Capital, Quettra Resources, Navi, Bennett, Coleman, ACT Grants, Peak XV Partners
Tech stack
AddtoanyAmazon S3Amazon Web ServicesAnimate.CssAosApollo
#6
Acquired · Jaipur, Rajasthan · founded 2012$80Mraised▾
Acquired · Jaipur, Rajasthan · founded 2012
Provider of smart energy metering solutions. It uses metering technology solution for efficient energy consumption. It also provides grid management solutions. It offer a customizable end-to-end smart metering system that gives users complete control over power management.
Fliar Intelligence Index™ 60how this company ranks against its industry peers
Growth
top 22%Tech
top 25%Product
top 31%Funding
top 32%Moat
top 38%Market
top 49%Growth: App-install growth +500% YoY · Fresh capital in last 24 mo
Tech: 51 technologies across 6/8 capability areas · Cloud: Amazon S3, Amazon Web Services · Devops: Nginx
Product: 6 published apps (797k installs) · Company stage: Acquired
Funding rounds
- Apr 2026Conventional Debt$80M
Founders & team
Investors
British International Investment
Tech stack
AceAmazon S3Amazon Web ServicesAngularAnt DesignApple Icloud Mail
#7
Series B · Pune, Maharashtra · founded 2020 · 98 employees$25.9Mraised▾
Series B · Pune, Maharashtra · founded 2020 · 98 employees
Electric vehicle company offering a range of premium e-bikes and accessories. These bicycles are designed to provide assisted pedaling and throttle-powered movement. The company focuses on producing bicycles suitable for various terrains and rider preferences. The bicycles are equipped with rechargeable batteries and electric motors to enhance rider experience.
Fliar Intelligence Index™ 57how this company ranks against its industry peers
Tech
top 24%Moat
top 25%Talent
top 28%Funding
top 37%Market
top 46%Growth
bottom 49%Tech: 44 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 · Devops: Nginx
Moat: Top 9% by revenue among 625 tracked Electric Vehicles companies · Editorial + unicorn rating 7/10 · 9 curated direct competitors tracked
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
Audience (LinkedIn): 158k LinkedIn followers — 4.0% of this cohort's audience
Funding rounds
- Apr 2026Series B$541.5K
- Aug 2025Series B$3.8M
- Nov 2024Angel$2M
- Apr 2024Angel$154K
Founders & team
Investors
Green Frontier Capital, LetsVenture, IVY Growth Associates, GetVantage, Jb Ventures, Aaszan Ventures
Tech stack
AxiosBootstrapBootstrap IconsCart FunctionalityCdnjsCloudflare
#8
Series B · Bengaluru, Karnataka · founded 2020 · 323 employees$68Mraised▾
Series B · Bengaluru, Karnataka · founded 2020 · 323 employees
Operator of transportation network, connecting riders with independent service providers. The network facilitates on-demand transportation through a digital platform. It allows individuals seeking rides to connect with drivers. The platform offers features such as ride scheduling and payment processing.
Fliar Intelligence Index™ 60how this company ranks against its industry peers
Moat
top 23%Tech
top 31%Funding
top 34%Market
top 36%Talent
top 38%Growth
top 43%Moat: Top 10% by revenue among 625 tracked Electric Vehicles companies · Editorial + unicorn rating 8/10 · Soonicorn
Tech: 37 technologies across 5/8 capability areas · Cloud: Amazon Cloudfront, Amazon Web Services · Observability: Microsoft Clarity
Funding: Raised $68.0M across 5 rounds · 5 rounds over 5 yrs (1.0/yr) · Last round Series B (Jan 2026)
Audience (LinkedIn): 148k LinkedIn followers — 3.7% of this cohort's audience · 798 engagements/post (12.0× cohort median)
Activity (LinkedIn): 2 awards · 2 expansions announced in 12 mo
Funding rounds
- Jan 2026Series B$244.8K
- Jun 2024Series B—
- Feb 2024Series B$40M
- Jun 2023Series B$15M
Founders & team
Investors
Yamaha Motor, Al-Futtaim, Lowercarbon Capital, Toyota Ventures, Maniv Mobility, Trucks Venture Capital
Tech stack
AdrollAdroll Cmp SystemAmazon CloudfrontAmazon Web ServicesAws Certificate ManagerCart Functionality
#9
Seed · Gurugram, Haryana · founded 2025$80Mraised▾
Seed · Gurugram, Haryana · founded 2025
Provider of electric commercial vehicle leasing, financing, and end-of-life solutions. It offers ownership and leasing options for electric commercial vehicles. The company facilitates fleet electrification through vehicle ownership and leasing solutions. It provides support in infrastructure and financing. The company delivers equity-protective growth financing and valuation-aligned structuring. It offers flexible payment structures and buy-back options. The company structures an end-of-life marketplace and second-life battery ecosystem.
Fliar Intelligence Index™ 32how this company ranks against its industry peers
Talent
top 28%Funding
top 41%Tech
bottom 45%Global
bottom 45%Market
bottom 31%Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
Funding: Raised $80.0M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) · Last round Conventional Debt (Feb 2026)
Tech: 14 technologies across 4/8 capability areas · Cloud: Google Cloud, Google Cloud Cdn · Observability: Sentry
Audience (LinkedIn): 2k LinkedIn followers
Activity (LinkedIn): 2 partnerships (incl. BillionE Mobility) announced in 12 mo
Funding rounds
- Feb 2026Conventional Debt$80M
- Feb 2026Seed—
Founders & team
Investors
Nomura
Tech stack
BootstrapGoogle CloudGoogle Cloud CdnGsapHstsHttp/3
#10
Series C · Bengaluru, Karnataka · founded 2020 · 229 employees$47Mraised▾
Series C · Bengaluru, Karnataka · founded 2020 · 229 employees
Provider of rapid-charging battery, charger, and connector technology for EVs. The company offers a full energy stack comprising a proprietary battery pack, charging station, and high-current connector engineered to work together for ultra-fast charging. Its technology enables lithium iron phosphate battery packs to charge from empty to full in around a quarter of an hour while maintaining long cycle life, using water-based thermal management and advanced cell control.
Fliar Intelligence Index™ 55how this company ranks against its industry peers
Moat
top 27%Talent
top 28%Funding
top 30%Growth
top 32%Innovation
top 39%Product
top 46%Moat: Top 12% by revenue among 393 tracked Energy Storage Tech companies · Editorial + unicorn rating 7/10 · 9 curated direct competitors tracked
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
Funding: Raised $47.0M across 7 rounds · 7 rounds over 5 yrs (1.4/yr) · Last round Series C (Feb 2026)
Audience (LinkedIn): 101k LinkedIn followers — 2.6% of this cohort's audience · 135 engagements/post (2.0× cohort median)
Activity (LinkedIn): 2 partnerships (incl. Atul Auto Ltd.) announced in 12 mo
Funding rounds
- Feb 2026Series C$14.7M
- Dec 2024Series B—
- Oct 2024Series B$214K
- Dec 2023Series B$26.4M
Founders & team
Investors
YourNest, 3one4 Capital, AdvantEdge, Wellfound, Sukalp Foundation, Pawan Munjal Family Trust
Tech stack
Core-JsFacebook PixelFramer SitesGodaddyGoogle AnalyticsGoogle Font Api
#11
Series B · Delhi, Delhi · founded 2011 · 379 employees$16.6Mraised▾
Series B · Delhi, Delhi · founded 2011 · 379 employees
Provider of advanced metering infrastructure, smart grid automation, and energy management solutions. The company designs and delivers solutions for energy distribution, including smart meters, head-end systems, gateway network interface cards, power harmonics analyzers, submetering solutions, and consumer mobile applications. It offers solutions such as RF mesh technology, AI-enabled meter readers, workforce management applications, and non-intrusive load monitoring. The company also provides remote terminal units and energy management systems.
Fliar Intelligence Index™ 78how this company ranks against its industry peers
Growth
top 16%Moat
top 22%Fin. health
top 24%Talent
top 28%Funding
top 33%Market
top 40%Growth: Headcount 129 → 379 (+194%) across vintages · Revenue +335% YoY · Fresh capital in last 24 mo
Moat: Top 2% by revenue among 64 tracked Smart Grid companies · Editorial + unicorn rating 7/10 · 9 curated direct competitors tracked
Fin. health: Revenue ~$114M (FY2024) · Net margin 1.7% · Revenue +335% YoY
Audience (LinkedIn): 29k LinkedIn followers
Funding rounds
- Apr 2026Series B$22M
- Sep 2025Angel$4.6M
- Aug 2024Series A$16.2M
- Feb 2024Series A$5.4M
Founders & team
Investors
Niveshaay, Mittal Analytics, Vastupal Management, Tatvam Trade, Tradelink Exim India, Shreeramcolloids
Tech stack
CdnjsCloudflareCore-JsFacebook PixelFlaskGoogle Analytics
#12
Series A · Bengaluru, Karnataka · founded 2022$34.5Mraised▾
Series A · Bengaluru, Karnataka · founded 2022
Provider of high-performance electric mobility solutions. It delivers strong peak power with high top speed, conquers steep slopes under full load with impressive capacity, and offers ample real - world range across various ride modes—including a unique tractor mode for heavy hauls. It tackles city streets and rough tracks with solid ground clearance, dual disc brakes, and a long bench seat for passengers. It offer features such as gradeability, multiple ride modes, and storage options. The business model includes options for full ownership, subscription, and pay-as-you-go plans.
Fliar Intelligence Index™ 48how this company ranks against its industry peers
Growth
top 28%Talent
top 28%Moat
top 33%Funding
top 41%Global
bottom 48%Product
bottom 48%Growth: Web rank 10,000,000 → 5,000,000 YoY · Fresh capital in last 24 mo
Talent: 4 named leaders on record · 4 C-suite/founder profiles curated
Moat: Top 24% by revenue among 625 tracked Electric Vehicles companies · 10 curated direct competitors tracked
Audience (LinkedIn): 50k LinkedIn followers
Hiring (LinkedIn): 1 hiring post in 12 mo (public) · hiring: Technical Product Specialist
Activity (LinkedIn): 1 awards · 2 expansions announced in 12 mo
Funding rounds
- Mar 2026Conventional Debt$4.5M
- Mar 2026Series A$20.5M
- Mar 2025Seed—
- Sep 2024Seed$9.5M
Founders & team
Investors
Lowercarbon Capital, Toyota Ventures, DxVentures, Active Impact Investments, AdvantEdge, MCJ
Tech stack
Amazon CloudfrontAmazon S3Amazon Web ServicesAosBootstrapCart Functionality
Funding & investor landscape
$9.5Btotal disclosed funding
523companies funded
1,506disclosed rounds
13rounds last 90 days
Most active investors
Notable founders
Devendra Chawla
CEO & Managing Director · GreenCell Mobility
Pulkit Khurana
Co-Founder & CEO · Battery Smart
Siddharth Sikka
Co-Founder · Battery Smart
Saurav Kumar
Founder & CEO · Euler Motors
Gautam Kaushik
Co-Founder · Solfin
Varun Agni
Co-Founder & CTO · Bounce Infinity
Vivekananda Hallekere
Co-Founder & CEO · Bounce Infinity
Yashraj Khaitan
Founder · Polaris
Sumedh Battewar
Co-Founder & CBO · EMotorad
Rajib Gangopadhyay
Co-Founder · EMotorad
Aravind Mani
Co-Founder and CEO · Rideriver
Vipin George
Co-Founder & Chief Product Officer · Rideriver
Prism market signals · India · country-scoped Prism corpus, 670,107 docs
Market landscape — 10 sub-themes by coverage
Share of Energy Tech coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
RESEARCH SIGNALS · India
How research on Grid Energy Storage is moving in India
A read on the academic research around Grid Energy Storage — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 4,206 India-affiliated papers.
research sentiment over time
201420212026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and softening — the enthusiastic (strongly-positive) share moved 79% → 70% across 2014–2026.
top research entities
- Ministry of Education193
- Saveetha University139
- Vellore Institute of Technology University136
- Power Grid Corporation128
- SRM Institute of Science and Technology115
leading researchers
Bhim Singh · Rajesh Kumar · Chandra Sekhar Rout · Arnab Ghosh · Mohit Bajaj · Pravat Kumar Ray · Love Bansal · Vanchiappan Aravindan
▲
Breakthroughs1,213 · 29%
▼ 32%→29% share
▼0.9× share momentum0 median citations98% since 2021mostly methods-led
Supercapacitor breakthroughs are surging — Indian institution papers rose from 10 to 294, signaling rapid materials discovery.
rising sub-themes (early→recent)
- Supercapacitor10→294
- Renewable energy1→237
- Battery (electricity)4→224
- Capacitance2→161
- Photovoltaic system3→154
Newly emergingElectrical engineering 0→59 · Energy (signal processing) 0→54 · Faraday efficiency 0→53
Landmark Ultrathin Planar Graphene Supercapacitors · 1,221 cites
◆
Advancements2,351 · 56%
▲ 44%→56% share
▲1.3× share momentum1 median citations98% since 2021mostly methods-led
Advancements field-share intensifying — Renewable energy advancement papers grew from 3 to 561, dominating India's grid storage progress.
rising sub-themes (early→recent)
- Renewable energy3→561
- Battery (electricity)4→494
- Supercapacitor12→433
- Photovoltaic system2→344
- Microgrid3→278
Newly emergingPower (physics) 0→202 · Thermal energy storage 0→156 · Energy (signal processing) 0→146
Landmark High entropy oxides for reversible energy storage · 1,228 cites
▼
Concerns271 · 6%
▼ 9%→6% share
▼0.7× share momentum1 median citations97% since 2021mostly reviews
Battery safety concerns are newly emerging — jumping from zero to 55 papers alongside fresh cathode and electrochemical storage risk signals.
rising sub-themes (early→recent)
- Renewable energy1→85
- Nanotechnology3→40
- Supercapacitor1→38
- Electrolyte1→21
- Anode1→16
Newly emergingBattery (electricity) 0→55 · Electrochemical energy storage 0→22 · Cathode 0→21
Landmark Nanostructured anode materials for lithium ion batteries · 805 cites
RESEARCH HOTSPOTS · India
Where energy storage is researched across India
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Chennai228 · +0.61
Delhi-NCR217 · +0.53
Mumbai140 · +0.57
Bengaluru107 · +0.60
Hyderabad100 · +0.60
Roorkee97 · +0.56
Pune81 · +0.59
Kharagpur54 · +0.65
Varanasi52 · +0.58
Kanpur43 · +0.48
PATENT SIGNAL · India
Who's filing energy storage patents in India
India energy storage patent filing is accelerating — 121 filings from 162 assignees (2016–2025), led by TVS Motor, General Electric, Indian INST Scient; annual filings 7→27.
121 filings162 assigneespeak 27/yr2016–2025
filing momentum (YoY 2016–2025)
top patent filers
- TVS Motor46
- General Electric16
- Indian INST Scient15
- Offgrid Energy LABS12
- Vallance Michael ALAN11
- Delectrik Systems11
- Seshadri HARI Nadathur11
- Iacovangelo Charles Dominic9
Common questions
How many Energy Tech companies are there in India?
Radar tracks 2556 indexable Energy Tech companies headquartered in India, India, that meet our profile-completeness bar.
What is the total funding raised by Energy Tech companies in India?
The Energy Tech companies in India on this list have raised a combined $9.5B in disclosed equity funding across 523 funded companies.
Which is the highest-funded Energy Tech company in India?
Erisha E Mobility is the highest-funded Energy Tech company in India, with $1B in disclosed equity funding.
How many Energy Tech companies in India are funded?
523 of the 2556 Energy Tech companies in India on this list have disclosed at least one equity funding round.
How many Energy Tech unicorns are there in India?
5 Energy Tech companies in India on this list are valued at $1B or more.
Who are the top investors in India Energy Tech companies?
The most active investors in India Energy Tech companies on this list include LetsVenture, Angel List, IIMA Ventures, Social Alpha, RTBI.
Riya SenguptaFinancials
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.