Xbattery Secures USD 2.3M Seed Funding from Bipin Patel Family Office
Xbattery aims to decrease import dependency on high-cost foreign BMS tech by offering a ‘Made in India’ solution, a unified, adaptable BMS that enhances safety, efficiency, and longevity for EVs and stationary storage.
September 25, 2025. By Abha Rustagi
Xbattery aims to decrease import dependency on high-cost foreign BMS tech by offering a ‘Made in India’ solution, a unified, adaptable BMS that enhances safety, efficiency, and longevity for EVs and stationary storage.
Today, India generates 40 percent of its electricity from renewables. By 2030, it plans to reach 50 percent, delivering 500 GW of clean energy. But the challenge is, renewable energy is intermittent in nature, so storage is essential. Hence, by 2030, India’s energy storage market is expected to reach USD 12-15 billion. That includes grid batteries, EV batteries, and UPS systems. Therefore, Xbattery is developing BharatBMS, a unified BMS platform for both EVs and energy storage. According to the company, it is built locally, improves battery safety, performance, and durability, and is designed for India’s needs.
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.
Dhiraj Kumar Sinha, an early-stage VC and angel investor, who is also a mentor of Xbattery, facilitated and advised on the investment transaction.
“Self-reliance in battery electronics is critical for India, and the market is bigger than people think. We are thrilled to have found partners who share our vision. Because this is deeptech, it requires serious investment in R&D. This funding is going to help us bring our tech to market so we can start fulfilling our initial orders,” said Satish Reddy, Founder and CEO of Xbattery.
“Xbattery is creating India’s first high-voltage BMS, which aims to reduce India’s dependency on foreign products. We are glad to have found Xbattery, led by Satish, and have partnered with them for building India’s own BMS. Our families have a sizable interest in energy space, and we expect Xbattery to act as our strategic business partners as well,” said Preet Patel, CEO of Bipin Patel Family Office.
Xbattery is gearing up to tap into India’s surging demand for EVs and renewable energy storage by offering indigenous BMS solutions. The company plans to establish a strong domestic presence first, before expanding its footprint globally with exports to Europe and North America.
please contact: contact@energetica-india.net.
Deepak Agarwal
Managing Director
CBG is an Attractive and Scalable Business Opportunity in India: GPSR ARYA MD Deepak Agarwal
Amit Banka
Founder & CEO
Balancing Biodiversity & RE is Key to Sustainable Future, Highlights WeNaturalists' Amit Banka
Julian Thomas
Portfolio Director
REI Expo 2025 to Showcase India’s Clean Energy Leadership on the Global Stage
Pandarinath Siddineni
Tata Elxsi
Tata Elxsi’s Siddineni Explains How IoT and AI are Transforming Battery Energy Storage Systems
Azmathullah Mohammed, Senior Sales Director, Dassault Systèmes India
Neerav Mehta, Joint General Manager
L&T and Dassault Systemes Redefine EPC Project Management with Virtual Twin Technology