LetsVenture

LetsVenture is an online funding platform that enables startups to raise seed and angel capital by creating investment-ready profiles and connecting with accredited investors. The platform functions as a private marketplace where entrepreneurs can showcase products, receive business-plan reviews, and access mentors. It supports startups through the funding process with a commitment-to-closure package that handles closing terms, including term sheets and shareholders agreements, as well as due diligence. Founded in 2013 and based in Bengaluru, India, LetsVenture focuses on early-stage technology ventures and has built an expanding network of investors and mentors to facilitate capital raising.

Shanti Mohan

Co-Founder, CEO and Board Member

Sunitha Ramaswamy

President

Past deals in Electric Vehicle

The Energy Company

Seed Round in 2025
This company specializes in developing advanced battery management systems. Utilizing artificial intelligence for optimization and predictive maintenance, along with smart cloud integration, they enhance battery life and performance. Their solutions enable businesses to achieve efficient energy management transactions economically and sustainably.

Alt Mobility

Series A in 2024
Alt Mobility is a company specializing in Electric Vehicle as a Service (EVaaS). It provides leased electric vehicles along with structured financial solutions, aiming to facilitate the electrification of commercial fleets for intra-city logistics.

Vidyut

Series A in 2024
Vidyut specializes in financing solutions tailored for small and medium commercial electric vehicle businesses, facilitating the purchase, financing, and resale of electric vehicles. The company aims to simplify the ownership experience by providing custom financing options and establishing a secondary market for these vehicles. By collaborating with key stakeholders within the electric vehicle ecosystem, Vidyut supports buyers throughout their ownership journey, encompassing aspects from distribution and financing to after-sales services and resale.

Alt Mobility

Debt Financing in 2024
Alt Mobility is a company specializing in Electric Vehicle as a Service (EVaaS). It provides leased electric vehicles along with structured financial solutions, aiming to facilitate the electrification of commercial fleets for intra-city logistics.

Alt Mobility

Series A in 2024
Alt Mobility is a company specializing in Electric Vehicle as a Service (EVaaS). It provides leased electric vehicles along with structured financial solutions, aiming to facilitate the electrification of commercial fleets for intra-city logistics.

RevFin

Series B in 2023
RevFin is a fintech company established in 2018, offering digital lending solutions. Its platform provides customers with revolving credit limits for convenient access to loans, along with a rewards program for on-time payments and other activities. As of now, RevFin has funded over 12,000 electric vehicles (EVs) with negligible non-performing assets (NPAs).

BatX Energies

Seed Round in 2023
BatX Energies operates a platform for recycling lithium-ion batteries. It offers comprehensive services from collection and transportation of spent batteries to extraction of essential metals, creating battery-grade materials. This facilitates a circular economy, reducing environmental impact and supporting sustainable energy transition.

Bluwheelz

Seed Round in 2023
BluWheelz is a technology-driven delivery company specializing in first-mile, mid-mile, and last-mile logistics. It operates an exclusive fleet of electric vehicles (EVs), providing cost-effective and timely solutions to e-commerce, quick commerce, and food tech industries. By leveraging technology and sustainable transportation, BluWheelz aims to create a positive environmental impact while addressing clients' cost and timeline concerns.

The Energy Company

Pre Seed Round in 2023
This company specializes in developing advanced battery management systems. Utilizing artificial intelligence for optimization and predictive maintenance, along with smart cloud integration, they enhance battery life and performance. Their solutions enable businesses to achieve efficient energy management transactions economically and sustainably.

Zypp Electric

Series B in 2023
Zypp Electric is a company focused on transforming last-mile delivery through its electric vehicle (EV) solutions, primarily utilizing e-scooters. It operates an app that facilitates the delivery of goods across various sectors, including e-commerce, grocery, medicine, and food, promoting a shift to electric transportation to reduce emissions. By offering a dockless e-scooter sharing service, Zypp enables users to locate and access vehicles easily, enhancing convenience and affordability for deliveries. The company's commitment to sustainability has positioned it as a pioneer in the EV logistics sector, achieving EBITDA-positive status through its innovative approach to decarbonizing transportation and making last-mile delivery more efficient.

SWYTCHD

Seed Round in 2023
SWYTCHD is a transportation company that provides subscription-based electric vehicle rental services, including cars and bikes, to help customers transition to electric mobility. The service reduces upfront costs and offers flexibility compared with traditional ownership or financing, enabling access to electric vehicles on a subscription basis.

EMotorad

Seed Round in 2022
EMotorad manufactures electric bicycles designed for adventure seekers, daily commuters, and casual riders. Their bikes feature removable batteries for convenience, lightweight design, fat tires with dual suspension technology, and are priced affordably to promote sustainable mobility.

Fullfily

Seed Round in 2022
Fullfily operates a logistics platform specializing in electric vehicle (EV) delivery services. It caters primarily to enterprise and small-to-medium businesses within larger cities, dividing these areas into zones of approximately 5 km each for efficient service. Fullfily offers customizable solutions, including fixed fleet services with minimum revenue guarantees.

eBik

Seed Round in 2022
eBik is an innovative company focused on providing electric vehicles, specifically targeting the two-wheel segment. By developing affordable electric vehicle solutions, eBik enables users to convert manual bicycles into electric ones, promoting a more sustainable mode of transportation. The company emphasizes its commitment to research and development, innovation, and automation to create high-quality products that help customers reduce emissions while enhancing mobility.

Taqanal Energy

Seed Round in 2022
Taqanal Energy develops an energy asset orchestration platform and intelligent energy storage management system designed to optimize battery storage and related assets. The platform integrates embedded battery intelligence with cloud applications and provides APIs for assets, battery swapping and charging stations, and renewable energy resources to help businesses improve asset management and operational efficiency.

RevFin

Seed Round in 2021
RevFin is a fintech company established in 2018, offering digital lending solutions. Its platform provides customers with revolving credit limits for convenient access to loans, along with a rewards program for on-time payments and other activities. As of now, RevFin has funded over 12,000 electric vehicles (EVs) with negligible non-performing assets (NPAs).

kWh Bikes

Seed Round in 2021
kWh Bikes designs and manufactures electric scooters with advanced features such as telematics for tracking, emergency contact notification in case of accidents, integrated battery systems, and a mobile app for monitoring usage and customizing settings. The company aims to revolutionize micro-mobility and delivery industries while prioritizing safety and sustainability.

Ati Motors

Seed Round in 2021
Ati Motors designs and manufactures all-electric autonomous industrial cargo vehicles for material handling in factories and warehouses. The company's autonomous electric vehicles navigate indoor and outdoor environments using LiDAR, cameras, and infrared sensors to negotiate traffic and operate safely. The vehicles can integrate with existing trolleys and workflows without requiring changes, enabling automated material movement across industrial settings.

Magenta Mobility

Series A in 2021
Magenta Mobility is an EV charging and mobility solution provider whose mission is to revolutionize and aggregate the urban freight and transportation segment. It is creating an electric ecosystem for e-Commerce, FMCG, FMCD, Pharmaceuticals, Food, Courier & Logistics companies, as well as for employee transportation and last-mile deliveries. Magenta bases its EV delivery and logistics services on unrivaled full-stack software technology and has implemented a connected Fleet Management System.

Magenta Mobility

Seed Round in 2021
Magenta Mobility is an EV charging and mobility solution provider whose mission is to revolutionize and aggregate the urban freight and transportation segment. It is creating an electric ecosystem for e-Commerce, FMCG, FMCD, Pharmaceuticals, Food, Courier & Logistics companies, as well as for employee transportation and last-mile deliveries. Magenta bases its EV delivery and logistics services on unrivaled full-stack software technology and has implemented a connected Fleet Management System.

B:Live

Debt Financing in 2021
B:Live is a transportation company based in Panaji, India, that specializes in e-bike tourism. Founded in 2017, it offers guided tours on electric cycles, allowing tourists to explore various aspects of local culture and heritage. With operations in over ten locations across India, B:Live provides curated experiences focused on food, nature, adventure, shopping, and cultural exploration. The company aims to redefine sustainable tourism by offering an eco-friendly alternative to traditional sightseeing, as each ride limits carbon emissions significantly. Their unique electric bikes are designed for ease of use, making them accessible to people of all ages. B:Live seeks to enhance travel experiences by promoting offbeat local adventures that contribute to a more sustainable and enjoyable way of exploring new destinations.

B:Live

Seed Round in 2021
B:Live is a transportation company based in Panaji, India, that specializes in e-bike tourism. Founded in 2017, it offers guided tours on electric cycles, allowing tourists to explore various aspects of local culture and heritage. With operations in over ten locations across India, B:Live provides curated experiences focused on food, nature, adventure, shopping, and cultural exploration. The company aims to redefine sustainable tourism by offering an eco-friendly alternative to traditional sightseeing, as each ride limits carbon emissions significantly. Their unique electric bikes are designed for ease of use, making them accessible to people of all ages. B:Live seeks to enhance travel experiences by promoting offbeat local adventures that contribute to a more sustainable and enjoyable way of exploring new destinations.

BluSmart Mobility

Seed Round in 2020
BluSmart Mobility provides an intelligent electric shared mobility platform for efficient and sustainable transportation. Its mission is to transform Indian cities by developing a comprehensive electric on-demand mobility solution.

BluSmart Mobility

Seed Round in 2020
BluSmart Mobility provides an intelligent electric shared mobility platform for efficient and sustainable transportation. Its mission is to transform Indian cities by developing a comprehensive electric on-demand mobility solution.

Yulu

Seed Round in 2018
Yulu operates a micro-mobility platform in India, aiming to alleviate traffic congestion and air pollution. It offers dockless, electric two-wheelers powered by IoT technology, accessible via an app on a pay-per-use basis.
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