Electric vehicle (EV) battery swapping startup Battery Smart said it has raised $25 million in a funding round led by Tiger Global, with participation from Blume Ventures and Orios Ventures.
This makes it the third Indian EV startup to raise funds from Tiger Global, after EV makers Ather Energy and Ola Electric. Battery Smart last raised $7 million in November 2021 from Blume Ventures, Orios Ventures and others.