British International Investment

Euler Motors is an automotive technology company focused on commercial electric vehicles in India. It develops electric three-wheelers used for intra-city goods transportation, including last-mile delivery for e-commerce and third-party logistics. By offering a mobility-as-a-service stack, Euler aims to simplify adoption of electric fleets across multiple stages of the logistics value chain, not just a single segment. The company emphasizes lower maintenance costs and reduced fleet operational expenses, supporting efforts to accelerate India's transition to sustainable mobility. Euler seeks to be a category leader in cargo transport, driving the Electric Vehicle Revolution in India by providing end-to-end solutions for fleet operators in the urban logistics space.

Vecmocon Technologies specializes in developing intelligent components for electric vehicles (EVs), focusing on clean mobility. The company designs and engineers key EV systems such as battery management, motor control, vehicle intelligence modules, and chargers, ensuring its products meet industry standards and comply with government regulations.

BasiGo is an e-mobility company focused on electrifying public transportation in Kenya and Rwanda. It provides electric buses to bus operators through a flexible financing and service model that includes maintenance and battery charging, helping operators transition from diesel with predictable operating costs. Its buses are designed to be an economical, convenient, and reliable alternative to diesel, capable of all-day operation on a single charge with proven battery technology. By offering affordable financing options and end-to-end support, BasiGo enables bus owners to adopt electric fleets while reducing fuel costs and emissions.

Battery Smart is an electric vehicle (EV) battery-swapping network based in Delhi, India, founded in 2019. The company focuses on providing advanced lithium-ion batteries specifically designed for electric two-wheelers and three-wheelers. Its innovative retrofittable 48V lithium-ion twin battery system is compatible with various electric rickshaw and two-wheeler models. Battery Smart's fully interoperable battery-swapping solution allows EV drivers to efficiently swap their batteries in just two minutes, alleviating concerns related to range anxiety, charging downtime, and the recurring costs of battery replacements. By offering a practical and quick solution for battery management, Battery Smart aims to enhance the convenience and accessibility of electric mobility in India.

Euler Motors is an automotive technology company focused on commercial electric vehicles in India. It develops electric three-wheelers used for intra-city goods transportation, including last-mile delivery for e-commerce and third-party logistics. By offering a mobility-as-a-service stack, Euler aims to simplify adoption of electric fleets across multiple stages of the logistics value chain, not just a single segment. The company emphasizes lower maintenance costs and reduced fleet operational expenses, supporting efforts to accelerate India's transition to sustainable mobility. Euler seeks to be a category leader in cargo transport, driving the Electric Vehicle Revolution in India by providing end-to-end solutions for fleet operators in the urban logistics space.

Turno is a fintech startup that provides electric vehicle solutions for operators and owners. It helps commercial vehicle operators make the switch to EVs. Turno accomplishes this by offering a diverse range of vehicles from partner OEMs, affordable financing, and battery value guarantees to ensure the best possible return on investment for EV owners. Turno's mission in India is to convert gasoline miles to electric miles. The startup sells EVs manufactured by various brands both online and in physical stores, as well as providing financing options and buying back used batteries.

Battery Smart is an electric vehicle (EV) battery-swapping network based in Delhi, India, founded in 2019. The company focuses on providing advanced lithium-ion batteries specifically designed for electric two-wheelers and three-wheelers. Its innovative retrofittable 48V lithium-ion twin battery system is compatible with various electric rickshaw and two-wheeler models. Battery Smart's fully interoperable battery-swapping solution allows EV drivers to efficiently swap their batteries in just two minutes, alleviating concerns related to range anxiety, charging downtime, and the recurring costs of battery replacements. By offering a practical and quick solution for battery management, Battery Smart aims to enhance the convenience and accessibility of electric mobility in India.

Founded in 2018, ChargeZone specializes in renewable energy solutions, product development, and software engineering. It operates an unmanned electric vehicle (EV) charging network driven by Grid-to-Vehicle technology, offering data and software solutions to promote EV usage. The company aims to establish 100,000 charging stations across key Indian markets for various vehicle types.

BasiGo is an e-mobility company focused on electrifying public transportation in Kenya and Rwanda. It provides electric buses to bus operators through a flexible financing and service model that includes maintenance and battery charging, helping operators transition from diesel with predictable operating costs. Its buses are designed to be an economical, convenient, and reliable alternative to diesel, capable of all-day operation on a single charge with proven battery technology. By offering affordable financing options and end-to-end support, BasiGo enables bus owners to adopt electric fleets while reducing fuel costs and emissions.

Euler Motors is an automotive technology company focused on commercial electric vehicles in India. It develops electric three-wheelers used for intra-city goods transportation, including last-mile delivery for e-commerce and third-party logistics. By offering a mobility-as-a-service stack, Euler aims to simplify adoption of electric fleets across multiple stages of the logistics value chain, not just a single segment. The company emphasizes lower maintenance costs and reduced fleet operational expenses, supporting efforts to accelerate India's transition to sustainable mobility. Euler seeks to be a category leader in cargo transport, driving the Electric Vehicle Revolution in India by providing end-to-end solutions for fleet operators in the urban logistics space.

Battery Smart is an electric vehicle (EV) battery-swapping network based in Delhi, India, founded in 2019. The company focuses on providing advanced lithium-ion batteries specifically designed for electric two-wheelers and three-wheelers. Its innovative retrofittable 48V lithium-ion twin battery system is compatible with various electric rickshaw and two-wheeler models. Battery Smart's fully interoperable battery-swapping solution allows EV drivers to efficiently swap their batteries in just two minutes, alleviating concerns related to range anxiety, charging downtime, and the recurring costs of battery replacements. By offering a practical and quick solution for battery management, Battery Smart aims to enhance the convenience and accessibility of electric mobility in India.

Mahindra Electric Automobile operates as a four-wheeler (4W) passenger electric vehicle company.

EV Co. provides four-wheeler electric passenger vehicle services.

ARC Ride specializes in e-mobility solutions, offering battery-as-a-service for electric vehicles. It designs, builds, and assembles electric two-wheelers and three-wheelers, along with a proprietary battery swapping platform to facilitate convenient and sustainable transportation.