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VoltUp

Seed

VoltUp develops an intelligent battery swapping network for electric two-wheelers and three-wheelers in India, providing 30-second battery swaps through a network of 280+ stations across 15 cities to eliminate charging downtime and support urban mobility for gig riders, delivery fleets, and daily commuters. The company offers multiple plans: VoltUp Go for flexible weekly or monthly electric bike rentals with…

Energy Tech · Energy Storage Tech, · Pune, India · EST 2019

About

VoltUp develops an intelligent battery swapping network for electric two-wheelers and three-wheelers in India, providing 30-second battery swaps through a network of 280+ stations across 15 cities to eliminate charging downtime and support urban mobility for gig riders, delivery fleets, and daily commuters. The company offers multiple plans: VoltUp Go for flexible weekly or monthly electric bike rentals with unlimited swaps; VoltUp Go+ for complete mobility subscriptions with bike, battery, and energy in one fixed monthly cost; VoltUp Fleet for corporate and business fleet electrification with the DRAIVE fleet dashboard and SLA-backed station uptime; and VoltUp Energy for network access on compatible vehicles with per-swap or subscription pricing. VoltUp's technology stack comprises six proprietary layers including proprietary LFP batteries with 3,000-cycle life, in-house BMS with five firmware families and LSTM-based state of charge prediction, vehicle telematics with GPS tracking and asset recovery, smart swap stations with AC thermal management, the DRAIVE AI platform for battery rotation, predictive maintenance, fraud detection, and workforce management, and a rider intelligence layer for swap behavior analytics and credit scoring. The network has powered over 225 million electric kilometers, avoided 28 million kg of CO2 emissions, and is TUV Nord certified, with partners including Amazon, Swiggy, Zomato, Zepto, Blinkit, Flipkart, Delhivery, and Instamart. Founded in 2019 and headquartered in Pune, India, VoltUp has raised approximately $18 million at the Seed stage from investors including EM Impact Capital, HDFC Bank, cKers Finance, Grip, and GetVantage.

Business model

Electric Vehicles > Charging Solutions > Station Network > Battery Swapping > Multi Category Vehicles,

Energy Storage Tech > Charging > Station Network > Battery Swapping > Electric Vehicle

Institutional investors

EM Impact CapitalHDFC BankcKers FinanceGripGetVantage

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