Energy Tech Series A Founded 2017

Bolt.Earth

📍 Bengaluru, India · Electric Vehicles,

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Funding snapshot

Last roundSeries A

Amount$5M

Date16 January 2025

Total raised$30M

Valuation2,360,312,090 (Nov 7, 2018)

Team size245

About

Bolt.Earth is India's largest EV charging network, providing electric vehicle charging hardware, software, and support services. The company has deployed over 100,000 chargers across 2,100+ cities, serving 527,000+ active EV users and dispensing 9,000+ MWh of energy. Bolt.Earth offers a complete lineup of chargers from 3kW EV charging sockets to 240kW DC fast chargers, supporting 2-wheelers, 3-wheelers, and 4-wheelers. The platform includes an intuitive EV charging app and CMS for access control, performance monitoring, reporting, and operations management. The company provides end-to-end support including free site assessment, installation, testing, onboarding, and 24/7 maintenance. Founded in 2017 and headquartered in Bengaluru, India, Bolt.Earth has raised $29.6 million in Series A funding from investors including Union Square Ventures, Prime Venture Partners, and SUN Mobility.

Business model

Electric Vehicles > Charging Solutions > Station Network > Charging > Station Management IT,

Energy Storage Tech > Charging > Station Network > Charging > Operators > Electric Vehicle

Team background

College Wise > BITS Pilani

Institutional investors

ITI Growth Opportunities SUN Mobility Virya Mobility Indian Institute of Technology Hyderabad Union Square Ventures Prime Venture Partners Seabright Version One Ventures Astir Ventures Summation Chinv Industrial & Trade Co. Limited CoCreation Consulting MCJ Collective Hyderabad Angels