Energy Tech · India, India

Best Energy Tech Companies in India

Updated 2026-06-16 · Ranked by funding & momentum

2556 indexable Energy Tech companies headquartered in India, ranked by total equity funding and recent funding momentum. Combined disclosed equity funding of $9.5B across 523 funded companies, including 5 unicorns.

2,556
Companies
$9.5B
Total Funding
523
Funded
5
Unicorns
13
Rounds (90d)

Ranked: Best Energy Tech companies in India

#CompanyFundingValuationStage Latest roundEmployeesFoundedMomentum
1 GreenCell Mobility
Provider of end-to-end e-mobility solutions, including electric bus operations and technology services
$552.3M Acquired Conventional Debt Jan 2026 11 2019 ↑ Active
2 Battery Smart
Platform offering operator of battery-swapping network for electric vehicles and related services
$110.3M $338.8M
as of 2024
Series B Conventional Debt Apr 2026 419 2019 ↑ Active
3 Euler Motors
Manufacturer of electric commercial vehicles and TCO calculation service
$130.3M $95.5M
as of 2024
Series E Conventional Debt Mar 2026 461 2018 ↑ Active
4 Solfin
Provider of SME loans for solar projects
$54.6M Series C Series C May 2026 2022 ↑ Active
5 Bounce Infinity
Manufacturer of electric scooters featuring removable batteries for portable charging
$221.9M $86.5M
as of 2024
Series F Series F Dec 2025 107 2014 ↑ Active
6 Polaris
Provider of smart energy metering solutions
$80M Acquired Conventional Debt Apr 2026 2012 ↑ Active
7 EMotorad
Electric vehicle company offering a range of premium e-bikes and accessories
$25.9M $50.6M
as of 2024
Series B Series B Apr 2026 98 2020 ↑ Active
8 Rideriver
Operator of transportation network, connecting riders with independent service providers
$68M Series B Series B Jan 2026 323 2020 ↑ Active
9 Drivn
Provider of electric commercial vehicle leasing, financing, and end-of-life solutions
$80M Seed Conventional Debt Feb 2026 2025 ↑ Active
10 Exponent Energy
Provider of rapid-charging battery, charger, and connector technology for EVs
$47M $97.5M
as of 2023
Series C Series C Feb 2026 229 2020 ↑ Active
11 Kimbal
Provider of advanced metering infrastructure, smart grid automation, and energy management solutions
$16.6M $130.3M
as of 2024
Series B Series B Apr 2026 379 2011 ↑ Active
12 Zeno
Provider of high-performance electric mobility solutions
$34.5M Series A Series A Mar 2026 2022 ↑ Active
13 Erisha E Mobility Unicorn
Manufacturer of electric two, three-wheelers, cargo vehicles, buses, and charging solutions
$1B Series D Series D Mar 2025 54 2022 ↑ Active
14 GPS Renewables
Provider of biogas engineering and clean fuels technology solutions
$20M $36M
as of 2024
Series B Conventional Debt Mar 2026 640 2012 ↑ Active
15 Ultraviolette
Manufacturer of electric motorcycles, components, rider safety equipment, and charging infrastructure
$63.7M $314.4M
as of 2022
Series E Series E Dec 2025 316 2016 ↑ Active
16 EKA
Manufacturer of electric buses trucks and small commercial transport vehicles
$124M $269.8M
as of 2024
Series A Series A Oct 2025 362 2019 ↑ Active
17 Ecofy
Financial solutions for the electric vehicle, solar, and SME sectors
$10.8M Series B Conventional Debt May 2026 208 2022 ↑ Active
18 RapteeHV
Platform offering electric motorcycles
$16.3M Seed Seed Mar 2026 2018 ↑ Active
19 Statiq
Network of electric vehicle chargers and related software solutions provider
$27.5M Series A Series A Feb 2026 230 2020 ↑ Active
20 Lohum
Recycles lithium-ion batteries and repurposes battery raw materials through low-carbon refining
$62.5M $423.9M
as of 2024
Series B Series B Oct 2025 317 2018 ↑ Active
21 Simpl Energy
Manufacturer of electric scooters designed for urban and long-distance travel
$73.5M $65.5M
as of 2024
Series A Series A Sep 2025 254 2019 ↑ Active
22 Astranova Mobility
Provider of electric vehicle leasing and fleet asset management services
$11.5M Series A Series A Apr 2026 2023 ↑ Active
23 Yulu
Platform offering shared electric two-wheeler rentals
$124.2M $210.4M
as of 2024
Series B Series B Jun 2025 236 2017 ↑ Active
24 Turno
Operator of an online electric vehicle marketplace
$23.3M $70.5M
as of 2024
Series A Series A Dec 2025 202 2021 ↑ Active
25 Ecozen Solutions
Developer of automated irrigation systems leveraging AI and IoT
$29.2M $54.7M
as of 2024
Series C Conventional Debt Nov 2025 572 2010 ↑ Active
26 Sarla Aviation
Developer of electric vertical take-off and landing aircraft for passenger transport
$13.4M Series A Series A Jan 2026 2023 ↑ Active
27 Qucev
Platform offering electric commercial vehicles
$19.1M Series B Series B Dec 2025 2022 ↑ Active
28 Oben Electric
Platform offering two wheeler motorcycle products
$13.5M $77.6M
as of 2023
Series A Series A Dec 2025 122 2020 ↑ Active
29 Ather Energy Unicorn
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories
$502.2M $13B
as of 2024
Public Series E Aug 2024 1,470 2013 ↑ Active
30 NewTrace
Manufacturer of electrolyzers for on-site green hydrogen production across industries
$6.7M $24.8M
as of 2023
Seed Seed Mar 2026 96 2020 ↑ Active
31 Aerem
Solar financing, equipment procurement, and performance monitoring solutions
$8.2M $17.1M
as of 2023
Series A Series A Jan 2026 59 2018 ↑ Active
32 Chargeup
Platform offering electric vehicle charging station network operators
$9.6M $14.4M
as of 2023
Seed Seed Jan 2026 116 2019 ↑ Active
33 Hala Mobility
Platform offering electric mobility solutions
$7.4M $12M
as of 2024
Series A Series A Jan 2026 35 2020 ↑ Active
34 Optimist
Manufacturer of air conditioning units with energy efficiency and smart features
$12M Seed Seed Jan 2026 2024 ↑ Active
35 MATTER
Developer of geared electric motorcycles and EV energy solutions
$44.7M $85.7M
as of 2022
Series B Series B Jun 2025 450 2019 ↑ Active
36 3evi
Developer of software facilitating data analysis and workflow automation processes
$24.6M $34M
as of 2024
Series A Series A Sep 2025 222 2019 ↑ Active
37 OctoLife
Developer of sustainable and accessible cooling solutions
$11.9M Series A Series A Dec 2025 2024 ↑ Active
38 SUN Mobility
Provider of battery swapping services for electric vehicles and related infrastructure
$50M $213M
as of 2021
Series B Series B Jul 2025 536 2017 ↑ Active
39 Bacancy Systems
Manufacturer of electric vehicle components and embedded systems
$4.2M Series A Series A Mar 2026 2021 ↑ Active
40 Integrum Energy
Provider of hybrid renewable energy solutions integrating wind and solar power
$5.3M Series A Series A Mar 2026 2021 ↑ Active
41 Blue Energy Motors
Platform offering heavy duty trucks
$30M Series A Series A Sep 2025 62 2020 ↑ Active
42 Blu-Smart
Platform offering electric vehicle fleet undergoing corporate insolvency resolution process
$142.3M $245.4M
as of 2024
Series A Series A Dec 2024 803 2019 ↑ Active
43 TIEA
Manufacturer of electrical and electronic connectors for demanding, mission-critical applications
$1.4M $8.3M
as of 2024
Series A Series A May 2026 43 2019 ↑ Active
44 Ola Electric Unicorn
Manufacturer of electric scooters, motorcycles, and energy storage solutions
$999.9M $5.5B
as of 2023
Public Venture Debt Jun 2024 3,709 2017
45 Indigrid Technology
Platform offering electric vehicle powertrain products and electronic design manufacturing services
$5.9M $44.4M
as of 2024
Series A Series A Jan 2026 84 2017 ↑ Active
46 Smart Joules
Provider of AI-powered energy efficiency solutions for commercial buildings
$7.4M $16.8M
as of 2022
Series B Series B Nov 2025 192 2014 ↑ Active
47 Magenta
Provider of electric vehicle fleets and charging infrastructure management services
$56.2M $55.1M
as of 2023
Series B Conventional Debt Mar 2025 279 2018 ↑ Active
48 ProsParity
Financing platform for electric mobility
$2M $8.4M
as of 2024
Seed Seed Apr 2026 2023 ↑ Active
49 PMI Electro Mobility
Electric bus manufacturer and e-mobility solutions provider focused on designing and producing battery-electric buses for urban and intercity public transport
$30.1M Series C Series C Jul 2025 373 2017 ↑ Active
50 RevFin
Digital lending platform providing loans for electric vehicle drivers
$30.7M $41.1M
as of 2024
Series B Series B May 2025 112 2018 ↑ Active

Top 12 Energy Tech companies in India

#1
$552.3M Raised
expand_more
#1

GreenCell Mobility Acquired

location_onMumbai, Maharashtra
Founded
2019
Employees
11
Funding raised
$552.3M
Stage
Acquired

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

Funding rounds (5 disclosed of 6)
Round Date Amount
Series C Jan 2026 $89M
Conventional Debt Jan 2026 Undisclosed
Conventional Debt Sep 2025 $37M
Conventional Debt Jul 2023 $365.8M
Grant (prize money) Nov 2022 $5.5M
Conventional Debt Nov 2022 $55M
Tech stack
digitalocean spacesgodaddynginxpwaubuntu
#2
Battery Smart Series B
$110.3M Raised
expand_more
#2

Battery Smart Series B

location_onDelhi, Delhi
Founded
2019
Employees
419
Funding raised
$110.3M
Valuation
$338.8M · 2024
Stage
Series B

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.

Funding rounds (11 disclosed of 15)
Round Date Amount
Conventional Debt Apr 2026 $15M
Series B Dec 2025 $7.4M
Venture Debt 2025 Undisclosed
Series B Mar 2025 $29M
Series B May 2024 $45.1M
Venture Debt Dec 2023 Undisclosed
9 earlier rounds — sign up free
Tech stack
amazon web servicesaws certificate managercore-jsfacebook pixelgoogle analyticsgoogle workspace+13
#3
Euler Motors Series E
$130.3M Raised
expand_more
#3

Euler Motors Series E

location_onDelhi, Delhi
Founded
2018
Employees
461
Funding raised
$130.3M
Valuation
$95.5M · 2024
Stage
Series E

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.

Funding rounds (14 disclosed of 15)
Round Date Amount
Conventional Debt Mar 2026 $27.1M
Series E Mar 2026 $47.8M
Series D May 2025 $75.3M
Series D Mar 2025 Undisclosed
Series C Jan 2025 $422.3K
Conventional Debt Jan 2025 $20M
9 earlier rounds — sign up free
Founders & key people
Tech stack
amazon cloudfrontamazon s3amazon web servicesapache tomcatcdnjscloudflare+14
#4
Solfin Series C
$54.6M Raised
expand_more
#4

Solfin Series C

location_onGurugram, Haryana
Founded
2022
Funding raised
$54.6M
Stage
Series C

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.

Funding rounds (4 disclosed of 4)
Round Date Amount
Series C May 2026 $28.9M
Series B Feb 2026 $13.7M
Series A May 2025 $11.7M
Seed Mar 2023 $213K
Founders & key people
Tech stack
animate.cssbootstrapcdnjschart.jscloudflareemotion+14
#5
Bounce Infinity Series F
$221.9M Raised
expand_more
#5

Bounce Infinity Series F

location_onGurugram, Haryana
Founded
2014
Employees
107
Funding raised
$221.9M
Valuation
$86.5M · 2024
Stage
Series F

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 capabil

Funding rounds (14 disclosed of 17)
Round Date Amount
Series F Dec 2025 $5M
Series E Feb 2024 Undisclosed
Grant (prize money) 2023 Undisclosed
Series D Jan 2023 $20M
Venture Debt Mar 2020 $6.5M
Series D Jan 2020 $105M
11 earlier rounds — sign up free
Tech stack
addtoanyamazon s3amazon web servicesanimate.cssaosapollo+14
#6
Polaris Acquired
$80M Raised
expand_more
#6

Polaris Acquired

location_onJaipur, Rajasthan
Founded
2012
Funding raised
$80M
Stage
Acquired

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.

Funding rounds (1 disclosed of 1)
Round Date Amount
Conventional Debt Apr 2026 $80M
Founders & key people
Tech stack
aceamazon s3amazon web servicesangularant designapple icloud mail+14
#7
EMotorad Series B
$25.9M Raised
expand_more
#7

EMotorad Series B

location_onPune, Maharashtra
Founded
2020
Employees
98
Funding raised
$25.9M
Valuation
$50.6M · 2024
Stage
Series B

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.

Funding rounds (8 disclosed of 8)
Round Date Amount
Series B Apr 2026 $541.5K
Series B Aug 2025 $3.8M
Angel Nov 2024 $2M
Angel Apr 2024 $154K
Conventional Debt Nov 2023 $2.5M
Series B Nov 2023 $20M
2 earlier rounds — sign up free
Tech stack
axiosbootstrapbootstrap iconscart functionalitycdnjscloudflare+14
#8
Rideriver Series B
$68M Raised
expand_more
#8

Rideriver Series B

location_onBengaluru, Karnataka
Founded
2020
Employees
323
Funding raised
$68M
Stage
Series B

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.

Funding rounds (5 disclosed of 6)
Round Date Amount
Series B Jan 2026 $244.8K
Series B Jun 2024 Undisclosed
Series B Feb 2024 $40M
Series B Jun 2023 $15M
Series A Jul 2022 $11M
Seed Mar 2021 $2M
Tech stack
adrolladroll cmp systemamazon cloudfrontamazon web servicesaws certificate managercart functionality+14
#9
Drivn Seed
$80M Raised
expand_more
#9

Drivn Seed

location_onGurugram, Haryana
Founded
2025
Funding raised
$80M
Stage
Seed

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 p

Funding rounds (1 disclosed of 2)
Round Date Amount
Conventional Debt Feb 2026 $80M
Seed Feb 2026 Undisclosed
Investors
Tech stack
bootstrapgoogle cloudgoogle cloud cdngsaphstshttp/3+8
#10
Exponent Energy Series C
$47M Raised
expand_more
#10

Exponent Energy Series C

location_onBengaluru, Karnataka
Founded
2020
Employees
229
Funding raised
$47M
Valuation
$97.5M · 2023
Stage
Series C

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 wate

Funding rounds (7 disclosed of 9)
Round Date Amount
Series C Feb 2026 $14.7M
Series B Dec 2024 Undisclosed
Series B Oct 2024 $214K
Series B Dec 2023 $26.4M
Series B Mar 2023 Undisclosed
Series A Aug 2022 $13M
3 earlier rounds — sign up free
Tech stack
core-jsfacebook pixelframer sitesgodaddygoogle analyticsgoogle font api+9
#11
Kimbal Series B
$16.6M Raised
expand_more
#11

Kimbal Series B

location_onDelhi, Delhi
Founded
2011
Employees
379
Funding raised
$16.6M
Valuation
$130.3M · 2024
Stage
Series B

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 managem

Funding rounds (5 disclosed of 5)
Round Date Amount
Series B Apr 2026 $22M
Angel Sep 2025 $4.6M
Series A Aug 2024 $16.2M
Series A Feb 2024 $5.4M
Angel Jan 2024 $26.2K
Tech stack
cdnjscloudflarecore-jsfacebook pixelflaskgoogle analytics+14
#12
Zeno Series A
$34.5M Raised
expand_more
#12

Zeno Series A

location_onBengaluru, Karnataka
Founded
2022
Funding raised
$34.5M
Stage
Series A

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

Funding rounds (3 disclosed of 4)
Round Date Amount
Conventional Debt Mar 2026 $4.5M
Series A Mar 2026 $20.5M
Seed Mar 2025 Undisclosed
Seed Sep 2024 $9.5M
Tech stack
amazon cloudfrontamazon s3amazon web servicesaosbootstrapcart functionality+13

Recent signals in India Energy Tech

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Funding & investor landscape

Total raised
$9.5B
across these companies
Companies funded
523
with disclosed funding
Highest-funded
$1B raised

Most active investors

L LetsVenture 34 investments in Energy Tech AL Angel List 24 investments in Energy Tech IV IIMA Ventures 23 investments in Energy Tech SA Social Alpha 23 investments in Energy Tech R RTBI 22 investments in Energy Tech S SINE 20 investments in Energy Tech MT Ministry of Electronics & Information Technology 19 investments in Energy Tech VC Venture Catalysts 18 investments in Energy Tech AC Alteria Capital 16 investments in Energy Tech IN Indian Angel Network 15 investments in Energy Tech SK Startup Karnataka 15 investments in Energy Tech F FITT 14 investments in Energy Tech

Notable founders in India Energy Tech

DC Devendra Chawla CEO & Managing Director GreenCell Mobility · $552.3M raised
PK Pulkit Khurana Co-Founder & CEO Battery Smart · $110.3M raised
SS Siddharth Sikka Co-Founder Battery Smart · $110.3M raised
SK Saurav Kumar Founder & CEO Euler Motors · $130.3M raised
GK Gautam Kaushik Co-Founder Solfin · $54.6M raised
VA Varun Agni Co-Founder & CTO Bounce Infinity · $221.9M raised
VH Vivekananda Hallekere Co-Founder & CEO Bounce Infinity · $221.9M raised
GA Giri raju Anil Co-Founder & COO Bounce Infinity · $221.9M raised
YK Yashraj Khaitan Founder Polaris · $80M raised
SB Sumedh Battewar Co-Founder & CBO EMotorad · $25.9M raised
RG Rajib Gangopadhyay Co-Founder EMotorad · $25.9M raised
KG Kunal Gupta Co-Founder & CEO EMotorad · $25.9M raised

Frequently asked 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.

Rankings are computed by Radar (Fliar BI) from the Radar company master and are updated periodically. Funding and momentum scores use disclosed equity-funding data only. Figures may lag private rounds. Last updated 2026-06-16.

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