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§ Private Profile · Bangalore, India
EV charging infrastructure provider offering end-to-end hardware, software, and services for electric two- and three-wheelers in India.
Founded in 2017 by chief executive officer Raghav Bharadwaj, Bolt.Earth is a Bengaluru, India-based electric vehicle infrastructure company providing comprehensive charging hardware, software, and maintenance solutions. The vertically integrated enterprise operates an Airbnb-style partnership model to deploy charging stations across residential apartments, commercial buildings, and corporate offices. Focusing on emerging markets in Asia, the company has deployed over 100,000 EV chargers across more than 1,900 cities, capturing a 63 percent market share in its target two- and three-wheeler segments. Utilizing its proprietary Bolt.Earth OS and specialized products like the Blaze DC fast charger, the network supports over 425,000 active users and has dispensed more than 1,200 MWh of energy. Recently profiled by Anirudh Patil of EV Update Media, the organization utilizes a dedicated workforce of over 5,000 certified technicians to support its expanding clean mobility infrastructure.
Bolt.Earth has raised $49.0M across 4 funding rounds.
Bolt.Earth has raised $49.0M in total across 4 funding rounds.
Bolt.Earth has raised $49.0M across 4 funding rounds. Most recently, it raised $5.0M Series A in January 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jan 1, 2025 | $5M Series A | — | Lasse Clausen, General Atlantic, HAN HUA, Summit Partners, Union Square Ventures, Version ONE Ventures, Ajit Tripathi, Alexander Salnikov, Matias Woloski, Rahul Sethuram | Announced |
| Oct 5, 2023 | $20M Venture Round | — | ITI Growth Opportunities Fund, Prime Venture Partners, Union Square Ventures | Announced |
| Oct 1, 2023 | $20M Series U | — | Lasse Clausen, HAN HUA, Union Square Ventures, Ajit Tripathi, Alexander Salnikov, Matias Woloski, Rahul Sethuram, ITI Growth Opportunities Fund, Prime Venture Partners | Announced |
| Sep 1, 2021 | $4M Series A | Union Square Ventures, Prime Venture Partners | Lasse Clausen, HAN HUA, Ajit Tripathi, Alexander Salnikov, Matias Woloski, Rahul Sethuram | Announced |
Bolt.Earth has raised $49.0M in total across 4 funding rounds.
Bolt.Earth's investors include Lasse Clausen, General Atlantic, Han Hua, Summit Partners, Union Square Ventures, Version One Ventures, Ajit Tripathi, Alexander Salnikov, Matias Woloski, Rahul Sethuram, ITI Growth Opportunities Fund, Prime Venture Partners.
Bolt.Earth is India's largest EV charging network, providing end-to-end electric vehicle (EV) charging solutions including hardware, software, and services for 2-, 3-, and 4-wheelers across residential, commercial, and fleet use cases.[2][3][4][5] It serves over 348,000 active EV users through more than 100,000 chargers deployed in 1,900+ cities, operating an Airbnb-style model that partners with hosts like apartments and offices to host stations while ensuring seamless user access via a mobile app.[3][4][5] The company solves key EV adoption barriers—such as charger downtime, accessibility, and maintenance—through vertical integration, real-time monitoring, and a network of 5,000+ certified technicians, driving growth with recent expansions like a 13,000 sq. ft. integrated testing and warehousing facility in Bengaluru.[1][2][3]
Founded in 2017 in Bengaluru, India (formerly RevOS), Bolt.Earth emerged to address the fragmented EV charging landscape in a rapidly electrifying mobility market.[2] CEO Raghav Bharadwaj leads the company, emphasizing vertical integration from the start to control hardware, software, and services amid challenges like unreliable infrastructure.[1][3] Early traction came from iterating products based on field learnings over years, scaling to 100,000+ chargers by partnering with hosts and leveraging Automotive Skills Development Council support for technicians, marking pivotal growth in India's EV ecosystem.[1][3][5]
Bolt.Earth rides India's EV boom, fueled by policies like Tamil Nadu's EV incentives and national pushes for sustainable mobility, positioning it amid Asia's high-impact electrification trends.[5][6] Timing aligns with rising 2/3-wheeler adoption (dominant in India) and range anxiety solutions via innovations like DC fast charging and battery-solar integrations for self-sufficient setups.[1][6] Market forces—government subsidies, urban density favoring host models, and fleet demands—favor its scalable infrastructure, influencing the ecosystem by enabling enterprises (e.g., Bank of America, MFAR) to deploy chargers with measurable sustainability metrics, accelerating clean transport normalization.[5]
Bolt.Earth is poised to dominate Asia's EV charging with global ambitions, as seen at events like EICMA, expanding via 2026 innovations tackling range anxiety (e.g., advanced DC fleets, solar+BESS packages).[1][6] Trends like policy-driven fast charging, fleet ROI optimization, and residential scaling will propel it toward 1M+ chargers, evolving from India-centric to regional leader while deepening enterprise partnerships. This vertically integrated powerhouse, born from real-world grit, exemplifies how seamless infrastructure turns EV promise into everyday reality.[2][3][5]