Battery Smart franchise thumbnail showcasing EV battery swapping station with electric scooter, original Battery Smart logo, and FranchiseHurt branding in blue and orange theme.

Battery Smart Franchise in India (2026): A High-Growth EV Battery Swapping Business with Proven Scale

Battery Smart franchise thumbnail showing EV battery swapping station, electric scooter and three-wheeler, highlighting a high-growth EV business with FranchiseHurt branding
Battery Smart Franchise (2026): A High-Growth EV Battery Swapping Business with Proven Scale | FranchiseHurt

Quick Overview Table

ParticularsDetails
Brand NameBattery Smart
Founded2019
FoundersPulkit Khurana & Siddharth Sikka
HeadquartersNew Delhi, India
Business ModelEV Battery Swapping Network
Network Size1,500+ stations across 50 cities
Daily Battery Swaps125,000+
Franchise / Partner ModelPartner-Led Battery Swapping Stations
Investment Range₹8–15 Lakhs (approx.)
Ideal LocationsHigh EV density urban & semi-urban areas
Official Partner Linkhttps://www.batterysmart.in/partners#joinOurNetwork

Introduction

India’s electric vehicle (EV) revolution is accelerating rapidly, especially in the two-wheeler and three-wheeler segment. While EV adoption is rising, challenges like long charging times, high battery costs, and range anxiety still slow down mass adoption. This is where Battery Smart steps in.

Battery Smart has emerged as India’s largest battery-swapping network, offering a fast, scalable, and asset-light solution for EV users. For entrepreneurs and investors, the Battery Smart franchise / partner model presents a future-ready opportunity aligned with India’s clean mobility mission.

If you’re looking to enter the EV ecosystem without manufacturing vehicles, Battery Smart offers one of the most practical and scalable entry points.

Why Choose Battery Smart Franchise?

Battery Smart is not just another EV startup — it is infrastructure-driven, data-backed, and already profitable at scale.

Key Reasons to Consider Battery Smart:

  • Market Leadership: India’s largest battery-swapping network
  • Recurring Revenue Model: Subscription-based battery usage by EV drivers
  • Low Operational Complexity: Minimal manpower required
  • Strong EV Tailwinds: Government push for EVs and shared mobility
  • Scalable Partner Model: Proven expansion across multiple cities

Battery swapping is especially popular among e-rickshaws, delivery fleets, and last-mile mobility operators, making demand stable and repeat-driven.

Also Read: Zeon Charging Franchise

Founder Details

Battery Smart was co-founded in 2019 by Pulkit Khurana and Siddharth Sikka, both alumni of IIT Kanpur.

Founder & Company Background

  • Educational Background: Engineering graduates from IIT Kanpur
  • Early Venture: Built an intracity bus-pooling app in 2015
  • Problem Identified: EV users struggled with charging time, battery ownership cost, and downtime
  • Solution: Fast, affordable battery swapping infrastructure

Leadership Roles

  • Pulkit Khurana – Co-Founder & CEO (Strategy, Growth, Vision)
  • Siddharth Sikka – Co-Founder (Operations, Network Expansion)

Company Growth Highlights (as of 2025)

  • 1,500+ battery swapping stations
  • Presence in 50+ cities
  • Over 125,000 battery swaps daily
  • Strong partnerships with EV OEMs and fleet operators

Their partner-led station model has enabled rapid expansion with limited capital expenditure.

Company Details: Battery Smart Franchise

  • Founded: 2019
  • Industry: EV Infrastructure – Battery Swapping
  • Core Focus: Two-wheelers & three-wheelers
  • Vision: Make EV adoption affordable, fast, and practical
  • Mission: Eliminate charging delays, battery ownership costs, and range anxiety

Battery Smart operates on a plug-and-play infrastructure model, making it easy for partners to set up and operate stations.

Research Insights

Battery swapping is increasingly being recognized as a key enabler of EV adoption in India.

  • NITI Aayog has highlighted battery swapping as a solution for urban EV challenges
  • India’s EV market is expected to grow at 40%+ CAGR over the next decade
  • Battery Smart’s scale places it among the top EV infrastructure startups in India

Useful reading:

Investment & ROI Table

CategoryDetails / Estimate
Estimated Initial Investment₹8,00,000 – ₹15,00,000
Space Requirement100–150 sq. ft.
Setup Costs IncludedBattery swapping cabinet, software integration, branding & signage
Average Daily Battery Swaps80 – 120 swaps/day
Average Revenue per Swap₹40 – ₹60
Estimated Daily Revenue₹3,200 – ₹7,200
Estimated Monthly Revenue₹96,000 – ₹2,16,000
Monthly Operating Expenses₹30,000 – ₹60,000 (electricity, staff, rent)
Estimated Monthly Profit₹66,000 – ₹1,56,000
Breakeven Period Estimate18 – 30 months
ROI Potential (Year 1–3)40% – 120%+
Factors Influencing ROILocation, EV adoption, footfall, fleet partnerships

Disclaimer:
ROI figures are indicative and may vary based on location, EV density, usage volume, and operational efficiency. FranchiseHurt does not guarantee returns.

Franchise / Partner Models

Battery Smart follows a Partner-Led Model, not a traditional franchise.

Partner Responsibilities:

  • Provide space (100–150 sq. ft.)
  • Basic electricity connection
  • Day-to-day supervision

Battery Smart Provides:

  • Battery swapping technology
  • Battery inventory
  • Software & monitoring
  • Demand generation through OEM & fleet tie-ups

This model allows partners to earn without managing batteries as assets.

Eligibility Criteria

  • Individual entrepreneurs or small business owners
  • Commercial space owners
  • Fleet operators
  • Willingness to follow operational SOPs
  • Basic understanding of local EV market

No prior EV experience is mandatory.

Required Documents

  • Aadhaar & PAN card
  • Address proof
  • Property ownership or rental agreement
  • Bank account details
  • Passport-size photographs

How to Apply (Step-by-Step)

You can apply directly through the official partner page.

🔗 Official Link:
https://www.batterysmart.in/partners#joinOurNetwork

Application Steps:

  1. Visit the official partner page
  2. Fill in personal & location details
  3. Submit required information
  4. Battery Smart team contacts you
  5. Location assessment & onboarding

Optimal Locations for Your Battery Smart Franchise

High-Potential Cities:

  • Delhi NCR
  • Bengaluru
  • Hyderabad
  • Chennai
  • Pune
  • Mumbai
  • Jaipur
  • Lucknow
  • Patna
  • Indore

Ideal Micro-Locations:

  • Near e-rickshaw stands
  • Delivery hubs & warehouses
  • Metro station parking areas
  • Busy marketplaces
  • Fleet parking zones

Future Outlook

Battery Smart is well-positioned to benefit from:

  • India’s EV policy push
  • Growth in last-mile delivery
  • Expansion of shared mobility
  • Rising fuel costs

As battery swapping gains policy support, early partners stand to benefit the most from long-term network expansion.

Conclusion

Battery Smart offers one of the most practical and scalable EV infrastructure business opportunities in India. With a proven model, strong leadership, and massive market demand, it is an attractive option for entrepreneurs looking to enter the EV ecosystem without heavy technical complexity.

If you’re searching for a future-ready, recurring-revenue business, Battery Smart is definitely worth serious consideration.

Frequently Asked Questions (FAQs) – Battery Smart Franchise

1. Is Battery Smart a franchise?

Ans: Battery Smart follows a partner-led model, similar to a franchise but with centralized battery ownership.

2. How much space is required?

Ans: Typically 100–150 sq. ft., depending on station configuration.

3. Is the investment risky?

Ans: As with any business, risks exist, but Battery Smart benefits from strong demand and proven scale.

4. Can I run it part-time?

Ans: Yes, minimal daily involvement is required.

5. Is EV experience mandatory?

Ans: No, Battery Smart provides operational guidance and support.

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