Xbattery, a Hyderabad-based deep-tech startup developing Battery Management Systems (BMS), has raised $2.3 million in its seed funding round led by Bipin Patel Family Office with participation from Jhaveri Credits.
The funds raised will be used to accelerate R&D in BMS and BESS development, sourcing specialised hardware and components, expand the engineering and production teams, and scale prototype production for early orders and commercialisation.
Founded in 2024 by Satish Reddy, Sonu Mishra, and Varshith Rao, Xbattery is a Hyderabad-based deeptech startup building Battery Management Systems (BMS) for electric vehicles (EVs) and renewable energy storage (BESS).
Xbattery is developing BharatBMS, a unified BMS platform for both EVs and energy storage. The company combines advanced hardware-software integration with indigenous R&D to deliver safer, more efficient, and cost-effective battery electronics tailored for India and global markets.
Satish Reddy, Founder and CEO of Xbattery, said, “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.”
Sonu Mishra, CTO and Co-Founder of Xbattery, said, “At Xbattery, we see BharatBMS as more than a technology; it’s our commitment to India’s clean energy transition. By building the backbone of safe and scalable battery electronics, we are helping India reduce import dependence while setting global benchmarks for reliability and performance.”
Preet Patel, CEO of Bipin Patel Family Office, said, “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.”
