Funding alert: Tech startups that raked in moolah this month

The Tech Panda takes a look at recent funding events in the tech ecosystem, seeking to know where the cash is flowing.

Startup: BatteryPool

Sector: EV

Amount: INR8 cr

Led by: Inflection Point Ventures

BatteryPool, a company enabling pay-as-you-go EV battery access, has raised INR8 crore in its Pre-Series A round led by Inflection Point Ventures. The round also saw participation from Indian Angel Network (IAN), Chennai Angels, Keiretsu Forum and notable HNIs. With BatteryPool currently managing over 2000+ batteries across 6 cities, the funding will be used to scale its battery fleet 10x over the next 18 months, strengthening its nationwide footprint.

Vikram Ramasubramanian, Inflection Point Ventures, says, “As an emerging economy that’s adopting EVs, India holds immense potential that can be unlocked through innovative, flexible solutions. Where commercial operation of EVs is concerned, fast and efficient charging becomes vital because any delay directly leads to a loss ...