Draft:Bolt.Earth

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Bolt.Earth is an Indian electric vehicle (EV) charging infrastructure company headquartered in Bengaluru, India.[1] The company manufactures EV charging hardware and develops software platforms for charger detection, access control, and network management.[2]

History

The company was founded in 2017 by Mohit Yadav and Jyotiranjan Harichandan under the initial name REVOS.[2] Originally focused on connected mobility solutions, the company expanded its focus into EV charging infrastructure in 2018 before rebranding to "Bolt.Earth" in 2023.[1][3]

In October 2023, Bolt.Earth raised $20 million in a funding round led by Union Square Ventures and Prime Venture Partners, alongside participation from ITIGO Funds.[1] In January 2025, the company secured an additional $5 million in a bridge funding round led by Version One Ventures, with continued participation from its existing primary investors.[2][4]

Operations and Products

Bolt.Earth operates a distributed charging network across metropolitan and regional areas in India, serving private EV owners, real estate developments, commercial fleets, and hospitality establishments. The network grew from a reported 20,000 chargers in 2022 to roughly 36,000 installations by late 2024.[4] By 2026, industry data indicated network deployment surpassed 100,000 charging units across approximately 1,900 cities.[5]

The company's hardware selection includes alternating current (AC) units and direct current (DC) fast-charging devices designed for two-, three-, and four-wheeled electric vehicles.[3] For details of Bolt.Earth products, see Products.

In April 2024, the company received formal safety and interoperability certification from the Automotive Research Association of India (ARAI) for its Level 2 AC hardware portfolio.[6] Software operational offerings include a central charger management system (CMS) for network hosts and a consumer mobile application handling localized charger maps, scheduling, and transaction execution.[2][3]

Industry Partnerships

  • Matter Motor: Established a partnership in 2025 to enable vehicle network compatibility.[7]
  • Ather Energy: Partnered in 2026 to integrate peer-to-peer fast-charging infrastructure access directly into Ather's companion software application.[5][8]
  • Ultraviolette Automotive: Collaborated to establish charging points built to specified high-performance electric motorcycle standards.[9]

References

  1. ^ a b c Srinivasan, Latha (2023-10-05). "Union Square Ventures backs Indian EV infra startup Bolt.Earth in $20M funding". TechCrunch. Retrieved 2026-06-09.
  2. ^ a b c d Kaur, Jagmeet (2025-01-23). "Charging Infra Provider Bolt.Earth Nets $5 Mn". Inc42. Retrieved 2026-06-09.
  3. ^ a b c "Bolt.Earth Deploys 100,000 EV Chargers Across India". Autocar Professional. 2024-04-24. Retrieved 2026-06-09.
  4. ^ a b "Bolt.Earth Raises $5 Million in Funding". Mercom India. 2025-01-24. Retrieved 2026-06-09.
  5. ^ a b "Bolt.Earth and Ather Energy partnership". Autocar Professional. 2026-03-12. Retrieved 2026-06-09.
  6. ^ "Bolt.Earth Receives ARAI Certification for Level 2 AC Fast Charger". Business Standard. 2024-04-23. Retrieved 2026-06-09.
  7. ^ "Matter Motor partners Bolt.Earth for EV charging network support". The Economic Times. 2025-04-15. Retrieved 2026-06-09.
  8. ^ "Bolt.Earth and Ather Energy join forces to enhance fast charging". ETAuto. 2026-03-15. Retrieved 2026-06-09.
  9. ^ "Ultraviolette and Bolt.Earth unveil fast charging network". ETAuto. 2026-02-28. Retrieved 2026-06-09.

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