Founder · Battery Smart

Pulkit Khurana

Co-founder & CEO of Battery Smart, an ev company based in Gurugram.

Co-founder · CEOGurugramEV
Founded
2019
Gurugram, India
Raised to date
$116M
5 rounds on record
Latest round
Series C
$19.5M · Aug 2026
Team
201–500
Upgrid Solutions Private Limited

About

Pulkit Khurana is Co-founder & CEO of Battery Smart, an ev company based in Gurugram, founded in 2019. Battery Smart's most recent disclosed round was a Series C of $19.5M in Aug 2026.

Compiled from StartupFox records · updates as coverage is published

Company

Est. 2019
Battery Smart
EV · Gurugram · 201–500 people · Active

Gurugram-based battery-swapping network for electric two- and three-wheelers. Battery Smart's battery-as-a-service model lets commercial and gig-economy drivers swap depleted lithium-ion batteries for charged ones in minutes rather than owning the battery or waiting to recharge, across a network of over 1,500 swapping stations. Founded in 2019 by Pulkit Khurana and Siddharth Sikka, both IIT Kanpur alumni.

Funding
Aug 2026Series C$19.5MRising Tide Ventures, Ecosystem Integrity Fund, Blume Ventures
Apr 2026Debt$15MMirova (debt)
Mar 2026Pre-Series C$7.5MAcacia Inclusion, Blume Ventures, PC-SBI Kurashi Visionary Fund
Jun 2025Series B extension$29MRising Tide Energy, Asia Climate Fund, Ecosystem Integrity Fund, Acacia Inclusion
Company profile →5 rounds on record

Journey with Battery Smart

2 milestones
  1. 2019Founded

    Battery Smart founded in Gurugram by Pulkit Khurana and Siddharth Sikka as a battery-swapping network for electric two- and three-wheelers. Read the story →

  2. Jun 2024Milestone

    Completed a $65 million secondary share sale at a reported post-money valuation of around $340 million.

Also building Battery Smart

SSSiddharth SikkaCo-founder→

Coverage

1 story
Funding · 21 Aug 2026 · 6 min read
Battery Smart Raises ₹185.5 Crore Series C Led by Rising Tide Ventures at an Estimated $430 Million Valuation

Quick answers

Who is Pulkit Khurana?

Pulkit Khurana is a Co-founder & CEO of Battery Smart, an ev company based in Gurugram, founded in 2019.

Who founded Battery Smart?

Battery Smart's founders and leadership on record at StartupFox are Pulkit Khurana and Siddharth Sikka.

How much funding has Battery Smart raised?

Battery Smart has raised $116M across 5 disclosed rounds on record. The latest was a Series C of $19.5M in Aug 2026, with Rising Tide Ventures, Ecosystem Integrity Fund, Blume Ventures.

Where is Battery Smart based?

Battery Smart is headquartered in Gurugram, India.

What has StartupFox reported about Pulkit Khurana?

StartupFox has published 1 story naming Pulkit Khurana; the most recent is “Battery Smart Raises ₹185.5 Crore Series C Led by Rising Tide Ventures at an Estimated $430 Million Valuation”.

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Sources & updates

This profile is compiled by the StartupFox desk from company announcements, regulatory filings and our own reporting. If this is you, you can verify it with LinkedIn and edit it.

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