Company Intelligence Profile
Divish Mobility Private Limited
BatteryPool (legal entity Divish Mobility Pvt Ltd) is a Pune-based EV battery-as-a-service platform offering pay-per-use battery rental, swapping and financing for electric two/three-wheeler fleets.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Confirmed| Registered name | Divish Mobility Private Limited |
|---|---|
| CIN | U74999PN2018PTC174312 |
| PAN | not obtained |
| Status | Active |
| Listing | Unlisted / private company |
| Incorporated | 12 January 2018 |
| ROC | RoC Pune |
| Sector (NIC) | Business/Consumer Professional Services (aggregator classification); operationally an EV battery-as-a-service (BaaS) / battery leasing & swapping platform |
| Registered address | Gokulam, Plot No. 11, Manisha Housing Society, Karvenagar, Pune, Maharashtra 411052 |
| Authorized capital | ₹36.5 lakh (confirmed — Tofler, TheCompanyCheck) |
| Paid-up capital | ₹27.14–27.19 lakh (minor variance between sources; Tofler ₹27.14L, TheCompanyCheck ₹27.19L) |
Business Overview
Confirmed- Operates under the brand "BatteryPool," a battery-as-a-service (BaaS) model for electric 2W/3W vehicles — customers pay daily/weekly/monthly (from ~₹55/day) for battery access instead of owning the battery outright, mirroring prepaid mobile recharge economics
- Services include battery rental/rent-to-own, home and fast-charging plus fleet depot charging, battery-linked EMI/financing tie-ups with NBFCs, maintenance, and battery buyback
- Targets fleet operators, franchise partners, NBFCs and OEMs
- Company states 2,000+ batteries deployed, 5M+ clean km driven, 1,000+ drivers served, 55+ smart battery-swapping stations across six Indian cities, and a 35% average fleet-uptime improvement
- Launched its BaaS offering for 2W/3W EVs in Jan 2023
- by Dec 2024 had tie-ups with 4 NBFCs
- (Source: batterypool.com — self-reported operational metrics, not independently audited.)
Directors
Partial / conflictingNames confirmed by 2 independent sources (Tofler, TheCompanyCheck); DINs sourced from Tofler only (single-source, treat as partial): (1) Ashwin Shankar, DIN 07982969, Director since incorporation (12 Jan 2018) — also identified on batterypool.com as Founder & CEO; (2) Shankar Subramoniam, DIN 01181215, Director since incorporation (12 Jan 2018); (3) Arjun Seth, DIN 00005826, Nominee Director appointed 12 Aug 2021. Non-board leadership per company site: Roshan Padamadan (CFO), Ashit Virmani (3W Business Head), Ravi Ranjan (3W Operations Head), Ayush Jha (Asset Mgmt & Repair Head); a "Neil Nevgi" is referenced as a co-founder in historical context on the company site (role/current status unclear — not obtained from registry sources).
Financials
Partial / conflicting- Partial, single-sourced (Falconebiz, FY2025/FYE 31-Mar-2025): Revenue ₹3.55 crore (+48% YoY)
- Tofler (same FY) shows secondary ratios without absolute figures: Net Profit Margin 7.03%, Return on Equity 7.53%, Debt-to-Equity 0.18, borrowings up 47.15% YoY, total assets up 3.46% YoY — implying a small positive PAT (~₹25 lakh order of magnitude, not stated directly)
- EBITDA, exact PAT, net worth and total borrowings figures are paywalled on both aggregators ("not obtained")
- No standalone-vs-consolidated basis was stated by either source
- company has no listed subsidiaries found, so figures are presumed standalone
Funding
Partial / conflicting- Partial, single-sourced (company's own site, batterypool.com — not independently corroborated by a news source in this session despite the site claiming press coverage in BW Disrupt/Entrackr/ET/Indian Express/YourStory): ₹8 crore pre-Series A round announced November 2025, led by Inflection Point Ventures, with participation from Indian Angel Network, Chennai Angels, Keiretsu Forum, and individual/angel investors
- Stated use of funds: scale battery fleet ~10x over 18 months
- No cap-table or round name/date beyond this was found on Tracxn (page not resolvable) or Entrackr/Inc42 site search (no matching articles returned in this session)
Charges
Confirmed- Confirmed (Tofler charges detail, cross-checked against Falconebiz's aggregate open-charges figure of ~₹2.7 Cr, which is broadly consistent): 3 open/active charges totaling ~₹2.3–2.7 Cr — (1) CKERS Finance Pvt Ltd, ₹2.0 crore, created 10 Feb 2025
- (2) Oracle Marketing Pvt Ltd, ₹0.2 crore, created 29 Jul 2024
- (3) Ecofy Finance Pvt Ltd, ₹0.1 crore, created 18 Dec 2023
- Falconebiz also references a most-recent charge dated 27 Nov 2025 (₹35.23 lakh, "Others") not itemized by Tofler — possible timing gap between the two snapshots
- No satisfied/closed charges reported
- Note: "no charges" caveats aside, all listed charges appear currently open
Legal
ConfirmedNo litigation or court case records were found for this company in public sources.
Competitors
Confirmed- EV battery-as-a-service / swapping peers (named from general industry knowledge, not individually fetched this session): Battery Smart (large-scale battery-swapping network, multi-city, well-funded — bigger scale), Sun Mobility (battery-swapping infra + OEM tie-ups — larger, more capitalized), Yulu (EV mobility + battery swap for last-mile, larger scale), Esmito Solutions (battery swap tech, JV-backed), RACEnergy (2W/3W battery swapping), Lithion Power (battery-as-a-service financing model, similar scale/stage to BatteryPool)
- BatteryPool appears smaller-scale/early-stage relative to Battery Smart and Sun Mobility, comparable in stage to Lithion Power and RACEnergy
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