Hyderabad-based Xbattery, a deep-tech startup focused on advanced Battery Management Systems (BMS), has secured $2.3 million in seed funding led by the Bipin Patel Family Office, with participation from Jhaveri Credits.
The company said the funds will be directed toward R&D, hardware sourcing, team expansion, and scaling prototypes into commercial-ready systems for early customers.
Founded in 2024 by Satish Reddy, Sonu Mishra, and Varshith Rao, Xbattery is developing high-voltage BMS (up to 800V) and integrated battery packs tailored for electric mobility and grid-scale renewable energy storage.
Its flagship innovation, the BharatBMS, is designed as a “Made in India” solution, offering a complete package of battery hardware, electronics, and software. By doing so, the startup hopes to cut India’s dependence on imported BMS technology while improving safety, efficiency, and durability for EVs and energy storage systems.
Satish Reddy, Co-founder & CEO of Xbattery, emphasized the strategic importance of local innovation: “Self-reliance in battery electronics is critical for India, and the market is larger than most anticipate. Deeptech requires heavy R&D investment, and this round allows us to move from prototypes to fulfilling our first orders.”
India currently generates about 40% of its electricity from renewables, with plans to touch 50% and 500 GW of clean energy by 2030. Xbattery is positioning itself as a key player in enabling this transition.
The company will first focus on meeting domestic demand for robust, indigenous BMS solutions, before exploring exports to Europe and North America as part of its long-term strategy.
