BatteryPool
- Company typePrivate
- Founded2018
- HeadquartersPune, India
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
BatteryPool firmographics
Firmographics- Name
- BatteryPool
- Legal name
- Divish Mobility Pvt Ltd
- Website
- https://batterypool.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
BatteryPool industry classification
Industry- Product category
- Electric Vehicle Battery-as-a-Service
- akta.pro primary industry
- Battery Pack Repair/Remanufacturing & Module/Cell Replacement (TLAKAMAB)
- akta.pro secondary industry
- Battery Recycling, Second-Life & End-of-Life Handling Services (TLAKAMAD)
Keywords
Where BatteryPool is headquartered
LocationHeadquarters
- HQ city
- Pune
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
BatteryPool business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Operations, Technology or R&D, Personnel, Infrastructure, Supply Chain, Marketing or Sales
Revenue model
- Battery-as-a-Service (BaaS) Rentals: Drivers pay daily, weekly, or monthly fees to rent batteries, with flexible payment options similar to prepaid phone models. The rental model generates recurring revenue while batteries remain in the network.
- EMI/Financing Revenue: BatteryPool partners with NBFCs to provide sachetized financing for commercial EV batteries. The platform earns from facilitating loan disbursements and managing collections, with NBFCs deploying INR 1-2 crore monthly in credit lines.
- Battery Buyback and Monetization: Owned batteries are bought back after the payment period, then redeployed into storage applications or recycled. This creates additional revenue streams from a single battery asset across multiple lifecycle stages.
- Franchise Partner Investments: Franchise partners invest in batteries (starting at ₹2 lakhs for 5 batteries) and receive fixed monthly payouts for 36 months plus buyback returns. BatteryPool earns from battery deployment and management fees while providing 24-29% target IRR to investors.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Pay-as-you-go | Batteries from ₹55/day - Pay-as-you-go rental |
| Unit Pricing | Monthly | 5 Battery Investment - ₹2 Lakhs |
| Unit Pricing | Monthly | 10 Battery Investment - ₹4 Lakhs |
| Unit Pricing | Monthly | 20 Battery Investment - ₹8 Lakhs |
| Unit Pricing | Monthly | 50 Battery Investment - ₹20 Lakhs |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels8 records
BatteryPool product offering
Product offeringCore offering
BatteryPool offers a Battery-as-a-Service (BaaS) platform that enables commercial EV drivers and fleet operators to rent or own batteries through flexible daily, weekly, or monthly sachetized payments, mirroring prepaid phone models. The service combines automated battery swapping stations, proprietary Charge-Lock software that prevents recharging until payments are cleared, and complete battery lifecycle management including redeployment, refurbishment, and recycling.
Product overview
BatteryPool operates as India's EV Battery Distribution & Monetization Layer, combining deeptech, AI, and FinTech capabilities to deliver payment infrastructure for EV batteries. The platform offers a unified Battery-as-a-Service (BaaS) ecosystem comprising sachetized battery payments, charge-lock technology, and battery swapping stations. The core BaaS product allows drivers to rent or own batteries through flexible daily/weekly/monthly payments, while proprietary charge-lock technology enforces payment discipline. The company also provides lifecycle management through redeployment, refurbishment, and recycling services. BatteryPool targets fleet operators, NBFCs, OEMs, and franchise partners across commercial EV segments including 2-wheelers, 3-wheelers, and e-rickshaws.
Differentiator
Problem solved
Functional benefit
Products and services
- Battery-as-a-Service (BaaS) Battery rental and financing model allowing commercial EV drivers and fleet operators to rent or own batteries through flexible daily, weekly, or monthly payments starting at INR 55/day. The service mirrors India's prepaid mobile phone payment paradigm to remove upfront battery cost barriers and is available across 11 Indian cities with 55+ automated swapping stations.
- Battery Swapping Stations Automated battery swapping infrastructure that enables 30-second battery exchanges for commercial EV fleet operators and individual drivers. Stations are tailored for Indian conditions and offer consistent service quality with 24/7 availability, supporting fleet-dedicated charging, fast charging, and home charging options.
- Sachetized EV Battery Financing Financing facilitation service that partners with NBFCs including AMU Finance and Mufin to offer sachetized EMI products for commercial EV battery purchases. Provides daily, weekly, and 15- or 30-day prepaid EMI options, deploying INR 1-2 crore monthly in credit lines and leveraging Charge-Lock technology for over 99% repayment discipline.
- Battery Buyback Program BatteryPool buys back owned batteries from drivers and fleet operators after the payment period at predetermined prices (e.g., INR 4,000 per battery for franchise investors). Batteries are then redeployed into storage applications or recycled, unlocking multiple revenue streams from a single asset across its lifecycle.
- Franchise Battery Investment Program Tiered battery asset investment program offering individuals and small investors the opportunity to invest in battery fleets starting at INR 2 lakhs (5 batteries) up to INR 20 lakhs (50 batteries). Partners receive fixed monthly payouts for 36 months plus buyback returns, with target annual ROI ranging from 13.38% to 15.83%. Franchise partners are present in 11 Indian cities.
Quantifiable outcome
- 35% average increase in fleet uptime
- +8 more outcomes
Companies that use BatteryPool
Customer profileNamed customers14 records
Segments6 records
Ideal customer profiles5 records
BatteryPool technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability1 record
Feature5 records
BatteryPool partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered minor.
- ToogetherminorFleet operator partner using BatteryPool's battery infrastructure for EV fleet operations.
- HalaminorFleet operator partner utilizing BatteryPool's EV battery services.
- SteedgominorFleet operator partner integrated with BatteryPool's battery swapping network.
- e-SprintominorEnvironmental services fleet operator partner using BatteryPool infrastructure.
- Eleride MobilityminorElectric mobility fleet operator partner.
- JitendraminorFleet operator partner utilizing BatteryPool's battery infrastructure.
- XerominorFleet operator partner in BatteryPool's network.
- EvzipminorFleet operator partner using BatteryPool's EV battery services.
- WhizzyminorFleet operator partner in BatteryPool's battery swapping ecosystem.
- BoltlyminorFleet operator partner utilizing BatteryPool infrastructure.
Scale indicators15 records
Recent moves6 records
Expansion highlights6 records
BatteryPool competitors and assessment
Company assessmentDirect peers
- RACEnergy: RACEnergy is an India-based battery-swapping and BaaS provider targeting 2W/3W commercial fleets with interoperable swap infrastructure. It is a direct peer with overlapping technology, geography, and customer base.
- Sun Mobility: Sun Mobility is India's largest battery-swapping network for 2W and 3W EVs, offering interoperable swap stations and BaaS partnerships with multiple OEMs. It is the most directly comparable competitor to BatteryPool in geography, business model, and target customer.
- Bounce Infinity: Bounce Infinity operates electric scooter rentals and battery-swap stations in India, with a similar sachetized-payment ethos and last-mile mobility focus. It is a direct peer competing for the same gig-worker and fleet-operator segments.
Emerging players
- Lohum Cleantech: Lohum is an Indian battery-recycling and second-life player that supplies processed lithium-ion materials back into the supply chain. It overlaps with BatteryPool's lifecycle, second-life redeployment, and recycling stages.
- Lithion Power: Lithion Power provides battery leasing and lifecycle services for EV fleets in India, focusing on flexible rental and second-life deployment. It overlaps with BatteryPool's BaaS and lifecycle-management legs.
- Numocity: Numocity provides connected EV charging and swap-station software for fleets and OEMs in India. It is an adjacent technology peer enabling the same swap-station operational layer BatteryPool uses.
Broad incumbents
- Gogoro: Gogoro is the global benchmark for 2W battery-swapping networks with deep Taiwan deployment and India pilots. It is comparable as a category leader whose model BatteryPool adapts to the Indian market.
- Tata Motors (Commercial EV division): Tata Motors' commercial EV unit (Ace EV, electric buses) is a large incumbent OEM that BatteryPool partners with or competes against for fleet-operator wallet share. Comparable as an established commercial-EV player with a much larger balance sheet and dealer footprint.
- Honda Power Pack Energy India: Honda's Indian battery-swap subsidiary deploys standardized swappable batteries for 2W OEMs and fleet operators. As an OEM-backed incumbent, it competes with BatteryPool's chemistry-agnostic model by promoting a proprietary Honda battery standard.
Regional players
- Ampd Energy: Ampd Energy builds battery energy storage systems for commercial and industrial sites, with overlap in the second-life deployment and stationary storage use cases that BatteryPool targets at end-of-vehicle-life.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks7 records
Key highlights7 records
Customer concentration
BatteryPool social profiles
Digital presenceBatteryPool financial estimates
Financial estimateRevenue estimate
Valuation estimate
BatteryPool leadership team
Management profileNumber of profiles
Profiles12 records
BatteryPool funding detail
Funding detailFunding overview
Funding rounds4 records
Investors7 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
BatteryPool M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about BatteryPool
What does BatteryPool do?
BatteryPool offers a Battery-as-a-Service (BaaS) platform that enables commercial EV drivers and fleet operators to rent or own batteries through flexible daily, weekly, or monthly sachetized payments, mirroring prepaid phone models. The service combines automated battery swapping stations, proprietary Charge-Lock software that prevents recharging until payments are cleared, and complete battery lifecycle management including redeployment, refurbishment, and recycling.
Is BatteryPool a public or private company?
BatteryPool is a private company. It is classified as venture growth investor backed and is currently operating.
When was BatteryPool founded?
BatteryPool was founded in 2018. It employs 11 to 50 people.
Where is BatteryPool based?
BatteryPool is headquartered in Pune, India, in the Asia region.
How does BatteryPool make money?
Four revenue lines are on record. Battery-as-a-Service (BaaS) Rentals are the primary driver. The others are EMI/Financing Revenue, battery Buyback and Monetization and franchise Partner Investments.
Who are BatteryPool's main competitors?
Direct peers on record are RACEnergy, Sun Mobility and Bounce Infinity. Emerging players are Lohum Cleantech, Lithion Power and Numocity. Broad incumbents are Gogoro, Tata Motors (Commercial EV division) and Honda Power Pack Energy India. Ampd Energy is listed as a regional player.
Does BatteryPool have an API?
No public API is recorded for BatteryPool.
What industry is BatteryPool in?
BatteryPool's product category is Electric Vehicle Battery-as-a-Service. Its primary akta.pro industry code is TLAKAMAB, Battery Pack Repair/Remanufacturing & Module/Cell Replacement, with a secondary code of TLAKAMAD, Battery Recycling, Second-Life & End-of-Life Handling Services.