Xbattery Bags $2.3 Mn To Develop Battery Management System

Battery tech startup Xbattery has raised $2.3 Mn in its seed funding round led by Bipin Patel Family Office, with participation from financial services company Jhaveri Credits.

The Hyderabad-based startup plans to use the investment for research and development, hardware sourcing, expanding its workforce, and scaling prototypes in line with early orders.

Founded by Satish Reddy, Sonu Mishra, and Varshith Rao in 2024, Xbattery provides a high-voltage (up to 800V) battery management system, BharatBMS, for EVs and stationary energy storage for home application and industrial installations.

For context, a battery management system (BMS) monitors the health of a battery to prevent overcharging, overheating, or excessive discharging. It ensures that all cells remain balanced and work together efficiently, tracks their depletion levels, and provides protection against potential damage

The startup aims to decrease import dependency on BMS tech by offering a homegrown solution that enhances safety and battery life for EVs and renewable energy storage.

“The fresh infusion of capital will fast-track this goal by accelerating the R&D in BMS and BESS development, sourcing specialised hardware and components, expanding the engineering and production teams, and scaling prototype production to meet rapidly growing consumer demand,” Xbattery said in a statement.

The startup is also looking to partner with EV original equipment manufacturers (OEMs) to integrate BharatBMS into their fleet.

The development comes at a time when India is rapidly increasing EV adoption while also strengthening its battery manufacturing ecosystem. Besides, the share of renewable energy is also on the rise in the country’s electricity mix, resulting in higher demand for energy storage.

A number of battery tech startups are looking to address this gap. These startups are also finding backing from investors who are eyeing this opportunity.

Earlier this month, Offgrid, which offers battery swapping solutions and charging infrastructure, raised $15 Mn in its Series A round led by Archean Chemicals Industries. Prior to that, battery swapping startup Battery Smart raised $29 Mn in its ongoing Series B extension round.

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