InfinityX Innovations
InfinityX Innovations is a Bengaluru-based EV technology company building IoT-enabled automated battery swapping stations (branded MAGIC) and modular 2 KWh battery packs to enable 40-second battery swaps for commercial EV operators and fleet businesses in India.
- Company typePrivate
- Founded2019
- HeadquartersBengaluru, India
- Headcount1–10
- GTM typeB2B
- OfferingHardware or Manufacturing
What InfinityX Innovations does
InfinityX Innovations Pvt. Ltd. is a Bengaluru-based, privately held company operating in the electric vehicle (EV) battery swapping infrastructure segment. Founded in 2019 and operating with a 1–10 person team, the company targets commercial EV operators and fleet businesses — including last-mile delivery, public transportation, and logistics — with a product portfolio branded under its DBA "MAGIC." Its core offering is the MAGIC Station, an IoT-enabled automated battery swapping station that completes swaps in under 40 seconds using a proprietary, patented battery cell exchange mechanism the company developed in-house. Paired with the station are modular 2 KWh battery packs designed for cross-platform vehicle compatibility, enabling a standardized, interoperable swapping architecture.
The underlying technology combines mechanical automation, IoT connectivity for remote monitoring and management, and a modular battery architecture intended to work across multiple vehicle platforms. The company has secured regulatory and financial backing from the Government of India's Technology Development Board (TDB) and Department of Science & Technology (DST), and in March 2026 established a manufacturing facility in Bengaluru to scale production of its battery packs and swapping stations. It has additionally received investment from IPTIF, Nexus Stainless Steel, and DM Metalloys.
InfinityX's business model rests on two revenue streams: hardware sales of next-generation battery packs to EV operators and fleet companies, and transaction-based revenue from operating its automated battery swapping stations. Pricing is not publicly disclosed and is quote-based for enterprise engagements. The company's go-to-market is direct B2B enterprise field sales to commercial EV operators and fleets. The company remains pre-revenue with no publicly disclosed paying customers as of the available data.
InfinityX Innovations firmographics
Firmographics- Name
- InfinityX Innovations
- Legal name
- InfinityX Innovations Pvt. Ltd.
- Website
- https://magiic.in
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- InfinityX Innovations is a Bengaluru-based EV technology company building IoT-enabled automated battery swapping stations (branded MAGIC) and modular 2 KWh battery packs to enable 40-second battery swaps for commercial EV operators and fleet businesses in India.
- Ownership category
- akta.pro rank
InfinityX Innovations industry classification
Industry- Product category
- Electric Vehicle Battery Swapping Infrastructure
- NAICS
- Battery Manufacturing (33591)
- akta.pro primary industry
- Charging Systems & Swappable Battery Infrastructure Manufacturing (IMACAOAF)
- akta.pro secondary industries
- Battery Modules & Packs (Industrial/Commercial pack assembly) (IMAGAHAB), Micromobility Charging & Battery Swapping Services (THADAGAL)
Keywords
Where InfinityX Innovations is headquartered
LocationHeadquarters
- HQ city
- Bengaluru
- HQ country
- India
- HQ region
- Asia
Offices3 records
Markets served
InfinityX Innovations business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Technology or R&D, Supply Chain, Infrastructure, Personnel, Operations
Revenue model
- Battery Pack Sales: Sale of next-generation battery packs to EV operators and fleet companies
- Battery Swapping Station Operations: Revenue from operating automated battery swapping stations providing swapping services to EV operators
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
InfinityX Innovations product offering
Product offeringCore offering
InfinityX Innovations designs, manufactures, and deploys the MAGIC Station, an IoT-enabled automated battery swapping station that enables complete electric vehicle battery swaps in under 40 seconds, alongside its proprietary modular 2 KWh battery packs. The offering is targeted at commercial EV operators and fleet businesses in India, combining patented in-house swapping technology, IoT station management, and a Bengaluru manufacturing facility to deliver a battery-as-a-service ecosystem with cross-vehicle-platform compatibility.
Product overview
InfinityX Innovations offers a unified battery swapping ecosystem centered on the MAGIC Station—a next-generation automated battery swapping platform for electric vehicles. The system combines the MAGIC Station hardware with proprietary 2 KWh battery packs featuring patented swapping technology. The stations are IoT-enabled with modular architecture supporting cross-platform compatibility. The company operates a manufacturing facility in Bengaluru and is developing standardized, interoperable battery swapping networks.
Differentiator
Problem solved
Functional benefit
Brands
- MAGIC: Next-generation battery swapping technology brand enabling EV battery swaps in under 40 seconds with modular and flexible battery packs.
Products and services
- MAGIC Station IoT-enabled automated battery swapping station for electric vehicles that completes a full battery swap in under 40 seconds, using a modular architecture compatible across multiple vehicle platforms and providing remote station monitoring and management. Designed for commercial EV operators and fleet businesses.
- 2 KWh Battery Pack Next-generation modular and flexible 2 KWh battery pack designed for fast swapping, adaptable to multiple vehicle platforms to enable standardized cross-platform swapping. Sold to EV operators and fleet companies.
Quantifiable outcome
- 40-second battery swap compared to long charging times
- +2 more outcomes
Companies that use InfinityX Innovations
Customer profileSegments2 records
Ideal customer profiles1 record
InfinityX Innovations technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
InfinityX Innovations partnerships and signals
Strategic signalScale indicators2 records
Recent moves8 records
Expansion highlights5 records
InfinityX Innovations competitors and assessment
Company assessmentDirect peers
- Lithion Power: India-based battery swapping and EV charging infrastructure provider targeting commercial fleet operators. Competes with InfinityX in the same battery-as-a-service segment.
- VoltUp: India-based battery swapping operator focused on electric two- and three-wheelers for last-mile delivery fleets. Direct competitor in the same India commercial EV swapping segment.
- Sun Mobility: India's leading battery swapping network for electric two- and three-wheelers, operating interoperable swapping stations and partnering with multiple OEMs. Directly competes with InfinityX in the same commercial EV battery swapping segment in India.
- Battery Smart: India-based battery swapping network focused on electric two- and three-wheelers with inter-operable stations. Competes directly with InfinityX targeting commercial fleet operators and last-mile delivery in India.
- NIO Power: NIO's battery swapping arm operates one of the world's largest passenger EV battery swap networks in China and Europe. Comparable as a direct battery swapping peer though focused on passenger cars rather than commercial two-wheelers.
- Gogoro: Taiwan-based global leader in battery swapping for electric two-wheelers with a deployed network of thousands of stations. Comparable as a reference technology and business model for InfinityX's swapping approach, though operating in different geographies.
- Bounce Infinity: India-based electric scooter company offering battery swapping as a service to consumers and fleet operators. Competes with InfinityX in scooter battery swapping and targets similar commercial segments.
Emerging players
- Ather Energy: Leading Indian electric two-wheeler OEM building its own charging and energy infrastructure. Comparable as an adjacent EV ecosystem player shaping battery pack standards that could compete with or align to InfinityX's.
Broad incumbents
- Honda Motorcycle and Scooter India (HMSI) - Honda Mobile Power Pack: Honda has deployed Honda Mobile Power Pack e: swappable batteries in India with competitor Gogoro as a partner. As an incumbent two-wheeler OEM, Honda's standardization choices materially affect InfinityX's addressable market.
- Hero MotoCorp / Vida: India's largest two-wheeler manufacturer has launched the Vida electric brand with swappable battery options. As a dominant OEM, Hero's battery and infrastructure choices significantly impact InfinityX's market opportunity.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
InfinityX Innovations social profiles
Digital presenceInfinityX Innovations financial estimates
Financial estimateRevenue estimate
Valuation estimate
InfinityX Innovations leadership team
Management profileNumber of profiles
Profiles1 record
InfinityX Innovations funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
InfinityX Innovations 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 InfinityX Innovations
What does InfinityX Innovations do?
InfinityX Innovations designs, manufactures, and deploys the MAGIC Station, an IoT-enabled automated battery swapping station that enables complete electric vehicle battery swaps in under 40 seconds, alongside its proprietary modular 2 KWh battery packs. The offering is targeted at commercial EV operators and fleet businesses in India, combining patented in-house swapping technology, IoT station management, and a Bengaluru manufacturing facility to deliver a battery-as-a-service ecosystem with cross-vehicle-platform compatibility.
Is InfinityX Innovations a public or private company?
InfinityX Innovations is a private company. It is classified as venture growth investor backed and is currently operating.
When was InfinityX Innovations founded?
InfinityX Innovations was founded in 2019. It employs 1 to 10 people.
Where is InfinityX Innovations based?
InfinityX Innovations is headquartered in Bengaluru, India, in the Asia region.
How does InfinityX Innovations make money?
Two revenue lines are on record. Battery Pack Sales are the primary driver. The others are battery Swapping Station Operations.
Who are InfinityX Innovations's main competitors?
Direct peers on record are Lithion Power, VoltUp, Sun Mobility, Battery Smart, NIO Power, Gogoro and Bounce Infinity. Ather Energy is listed as an emerging player. Broad incumbents are Honda Motorcycle and Scooter India (HMSI) - Honda Mobile Power Pack and Hero MotoCorp / Vida.
Does InfinityX Innovations have an API?
No public API is recorded for InfinityX Innovations.
What industry is InfinityX Innovations in?
InfinityX Innovations's product category is Electric Vehicle Battery Swapping Infrastructure. Its primary akta.pro industry code is IMACAOAF, Charging Systems & Swappable Battery Infrastructure Manufacturing, with a secondary code of IMAGAHAB, Battery Modules & Packs (Industrial/Commercial pack assembly). Its NAICS code is 33591.