Pune-based battery technology startup Clean Electric has secured $6 million in a new funding round led by Info Edge Ventures, Pi Ventures, and Kalaari Capital, with additional participation from Lok Capital and other investors. This infusion of capital will fuel the company’s mission to develop advanced fast-charging solutions for electric vehicles (EVs) and energy storage systems.
Launched in 2016 by IIT-BHU alumni Gupta, Abhinav Roy, and Ankit Joshi, Clean Electric has created proprietary rapid-charging technology that significantly cuts down charging time for EVs, reducing it to under 12 minutes. This groundbreaking solution outperforms current industry benchmarks, which often require 40 minutes to an hour for a full charge.
With collaborations already in place with 12 electric vehicle manufacturers (OEMs), Clean Electric is well-positioned to expand its reach. The newly raised funds will help the company extend its rapid-charging technology to electric four-wheelers (e-4Ws) and commercial vehicles, driving growth in sustainable transportation solutions.
Having raised nearly $9 million in total funding, Clean Electric is pushing the boundaries of what’s possible in EV battery innovation. As demand for electric mobility grows, the company aims to make EV charging faster, more convenient, and more widely accessible.