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.

Oct 06, 2025•2 months ago

Amount Raised

₹2 Million

Round Type

seed

BengaluruSemiconductorsSupply Chain ManagementLogisticsAutomotiveTransportation

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.

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.

Related People

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Funding Insights

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