Yuma Energy, India’s fastest-growing battery swapping network, has raised $35 million in Series A funding from Magna International Inc., one of the world’s largest automotive suppliers. The funding will support the expansion of Yuma Energy’s battery swapping infrastructure across India as the company builds on its momentum of delivering over 60 million battery swaps across […]
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Indofast Energy, India’s largest battery-swapping network, has partnered with Green Tiger Mobility, a leading two-wheeler (2W) retrofit solutions provider, to accelerate the adoption of electric mobility in India. The collaboration aims to offer an affordable and practical retrofit solution for the country’s 300 million+ petrol-powered two-wheelers. Through this initiative, existing petrol scooters can be retrofitted […]
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Battery Smart, India’s largest and fastest-growing battery swapping network for electric two- and three-wheelers, today announced it has raised $65 million in a Series B funding round led by LeapFrog Investments, the pioneering profit with purpose firm. The equity round consisted of a mix of primary and secondary investments and saw participation from new and […]
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