Yuma Energy raises ₹333 crore in Series A funding to scale its clean energy solutions and build a more sustainable future.
The battery swapping platform secures fresh capital to scale its infrastructure for electric vehicles.
Battery swapping platform Yuma Energy has raised $35 million, which translates to approximately ₹333 crore, in its Series A funding round from an existing backer. 1 The newly secured capital will be deployed to expand the company’s battery swapping network and strengthen its market presence in the electric mobility sector.
Yuma Energy operates in the fast-growing electric vehicle ecosystem, providing efficient and accessible battery swapping solutions designed to reduce downtime for commercial and individual EV users. The core platform addresses range anxiety, a primary hurdle in electric vehicle adoption, by offering quick and convenient battery replacements at strategically located stations.
The demand for reliable EV infrastructure has surged as India accelerates its transition toward green mobility. Yuma Energy’s technology addresses critical gaps in urban logistics and last-mile delivery sectors, where continuous vehicle uptime is essential for daily operations.
The fresh funding enables the company to accelerate its rollout of swapping stations and enhance its underlying technology stack. By scaling its network footprint, Yuma Energy aims to support the rising volume of electric two-wheelers and three-wheelers hitting Indian roads.
The latest investment underscores continued confidence from backers in Yuma Energy’s operational model and its strategic positioning within the expanding electric vehicle infrastructure landscape.
