Pointo seeks ₹70-100 crore to scale EV battery circular ecosystem and expand distribution network across India.
PRIVATEOct 04, 2026
Amount Raised
₹1 Billion
Round Type
Venture
KolkataManufacturingEnergyRenewable Energy
Investors
Equirus Innovatex Fund
Description
Pointo, a lithium-ion battery distribution and service network startup, is raising ₹70-100 crore to fund its next expansion phase. The company plans to deploy capital to build an automated refurbishment unit and expand its ground distribution network across the country. Previously, Pointo raised ₹6.2 crore in seed funding led by Equirus InnovateX Fund. The startup has achieved a revenue run rate of ₹80 crore in FY26 and expects to close the current financial year at ₹150 crore.
Company Information
Company
PointO
Location
Kolkata, West Bengal, India
About
Pointo's mission is to provide a comprehensive EV battery solution with focus on Financial Inclusion and Climate. We are currently working on expanding the EV ecosystem through AI/ ML based battery-tech to estimate the life for Lithium Batteries.
Using battery-tech, we are able to leverage battery lifecycle over the course of 8-10 years in different use cases to create 2nd hand market and generate better returns.
Our unique network of VLE partners help us reach our customers through community connections and create jobs for the underserved segments in the process. This also help us provide best possible solutions to meet their customised needs.
With a deep understanding of the EV ecosystem, we are well-positioned to offer extensive solutions that cover the entire value chain.
Fundz sees it the moment PointO raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.