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EV Fleet Startup Battwheelz raises Rs 2 crore in seed funding from Finvolve and India Accelerator to expand operations in Bengaluru and enhance EV fleet presence in Chennai and Pune.

PRIVATEOct 06, 2025

Amount Raised

₹20 Million

Round Type

Seed

BengaluruTransportationAutomotiveSupply Chain ManagementLogisticsSemiconductors

Investors

India AcceleratorFinvolve

Description

Battwheelz has secured Rs 2 crore in seed funding from Finvolve and angel investors. The funding will be used to expand its operations and strengthen its EV fleet presence in multiple cities. Founded in 2022, Battwheelz focuses on sustainable logistics solutions. The company aims for significant growth in its monthly recurring revenue within the next fiscal year.

Quick answer

Battwheelz raised ₹20 Million in a Seed round, dated October 6, 2025. Investors: India Accelerator and Finvolve. Battwheelz is based in Bengaluru, Karnataka, India.

How much did Battwheelz raise?
Battwheelz raised ₹20 Million in a Seed round on October 6, 2025.
Who invested in Battwheelz?
India Accelerator and Finvolve are named as investors in this round.
What does Battwheelz do?
Battwheelz is an Electric Mobility-as-a-Service (EMAAS) provider that operates as an EV-centric third-party logistics (3PL) provider.
Where is Battwheelz based and how big is it?
Battwheelz is based in Bengaluru, Karnataka, India. Fundz records about 13 employees.
Who are the decision-makers at Battwheelz?
Fundz holds 1 contact at Battwheelz. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Transportation and Automotive around the same time

Companies in the same sectors as Battwheelz that raised within 45 days of this round, from Fundz verified event records.

  • Lucid Group raised $300M (Funding Round) on September 4, 2025.
  • LeanDNA raised an undisclosed amount on October 31, 2025.
  • General Motors (GM) raised $1B (Post-IPO Equity) on October 27, 2025.
  • Zelos Technology raised $100M on October 21, 2025.
  • Zeno raised $5M on October 9, 2025.
  • Jigcar raised $4M (Seed) on October 7, 2025.

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  • An alert the day Battwheelz raises, hires an executive or expands, scored against what you sell
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  • Who you already know at Battwheelz, from your own LinkedIn network

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Company Information

Company

Battwheelz

Location

Whitefield Main Road

Bengaluru, Karnataka, India

About

Battwheelz is an Electric Mobility-as-a-Service (EMAAS) provider that operates as an EV-centric third-party logistics (3PL) provider. Founded in 2022, the company has a 100% electric fleet of more than 450 vehicles across major cities. It focuses on sustainable, last-mile delivery solutions to help enterprises transition towards cleaner logistics models. Battwheelz aims to consolidate its position as a leading sustainable logistics player while expanding its geographic footprint.

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