When was Esmito founded?

Esmito was founded in 2018 and raised its 1st funding round 3 years after it was founded.

Where is Esmito located?

Esmito is headquartered in Chennai, India. It is registered at 01 FA, First Floor, IITM Research Park Kanagam Road, Taramani, Chennai, CHENNAI, Tamil Nadu, India, 600113.

Which legal entities is Esmito associated with?

Esmito is associated with ESMITO SOLUTIONS PRIVATE LIMITED.

How many employees does Esmito have?

As of Jun 30, 2026, the latest employee count at Esmito is 12.

Is Esmito a funded company?

Esmito is a funded company, having raised a total of $1.39M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jul 19, 2021.

How much is Esmito worth?

The latest valuation of Esmito is ₹***** as of Apr 06, 2023.

When was the latest funding round of Esmito?

Esmito's latest funding was a $***** Seed round on Sep 07, 2022, with participation from 1 investor. Its primary sector is Electric Vehicles. In India, the Electric Vehicles sector has seen $624M in funding in 2026 to date.

What is the annual revenue of Esmito?

Annual revenue of Esmito is less than ₹10 Cr as on Mar 31, 2025

Where does Esmito rank among its competitors?

Esmito ranks 15th amongst 48 active competitors, of which 16 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Battery Smart, which secured $13M in Jul, 2026.

Who are the top competitors of Esmito?

Esmito's top competitors include Battery Smart, SUN Mobility and Mooving. Among them, Battery Smart secured the most recent funding round in July, 2026.

Esmito - 2026 Company Profile, Team, Funding, Competitors & Financials

Esmito is a seed company based in Chennai (India), founded in 2018 by Prabhjot Kaur and Hasan Ali. It operates as a Saas & IoT enabled battery management products and solutions for electric vehicles. Esmito has raised $1.39M in funding from HPCL and Unicorn India Ventures, with a current valuation of ₹*****. The company has 48 active competitors, including 16 funded and 1 that has exited. Its top competitors include companies like Battery Smart, SUN Mobility and Mooving.

Company Details

Saas & IoT enabled battery management products and solutions for electric vehicles. It offers hardware and software-enabled solutions for clients. It offers various products like batteries, vehicle control units, and swap stations with features like lightweight, ease of integration with the proprietary battery management system, cloud connection, and more. It offers services like charging solutions, fleet management, battery swapping solutions & more with features like data analytics and reporting, automated payments management, battery health predictions, etc. It offers solutions for logistics, mobility operators, and others.

Website: esmito.com
Email ID: *****@esmito.com
Phone Number: +91 **********
Registered Address: 01 FA, First Floor, IITM Research Park Kanagam Road, Taramani, Chennai, CHENNAI, Tamil Nadu, India, 600113

Key Metrics

Founded Year

2018

Location

Chennai, India

Stage

Seed

Total Funding

$1.39M in 2 rounds

Latest Funding Round

Seed, Sep 07, 2022, $*****

Post Money Valuation

₹***** as on Apr 06, 2023

Investors

HPCL & 4 more

Ranked

15^th among 48 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

12 as on Jun 30, 2026

Similar Companies

Battery Smart & 87 more

View Esmito's full profile

Esmito is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ESMITO SOLUTIONS PRIVATE LIMITED CIN: U72900TN2018PTC122355 , India, Active	Apr 25, 2018	0 - ₹10 Cr (As on Mar 31, 2025)	31 (As on Jun 01, 2024)

Esmito has raised a total funding of $1.39M over 2 rounds. Its first funding round was on Jul 19, 2021. Its latest funding round was a Seed round on Sep 07, 2022 for $*****. 1 investor participated in its latest round. Esmito has 3 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Esmito:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 07, 2022	1698391	Seed	5789185	3468667	4678906	6408128
Jul 19, 2021	9529275	Seed	8808624	7410624	HPCL	5322803

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View details of Esmito's funding rounds and investors

The founders of Esmito are Prabhjot Kaur and Hasan Ali.

Here are the details of Esmito's key team members:

Prabhjot Kaur: Former Co-Founder of Esmito. They are also an angel investor in 1 startup and serve on the boards of 3 companies.
Contact Info: 1 email address
Hasan Ali: Former Co-Founder of Esmito and founder of 1 other company. They serve on the board of 1 company.
Contact Info: 1 email address

Esmito's Board of Directors

Esmito's board has 3 active members. Prabhjot Kaur, Hasan Ali and Akhila Vijaykumar are part of team.

Here is the list of Esmito's board of directors:

Name	Type	Representing	Status	Duration
Prabhjot Kaur	Team	-	Current	8y 3m
Akhila Vijaykumar	Team	-	Current	8y 3m
mujllxm	Team	-	Past	5y 4m

View details of Esmito's Founder profiles and Board Members

Esmito's employee count trend

Esmito has 12 employees as of Jun 26. Here is Esmito's employee count trend over the years:

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Top competitors of Esmito include Battery Smart, SUN Mobility and Mooving. Here is the list of Top 10 competitors of Esmito, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Battery Smart 2019, Delhi (India), Series B	Chains providing battery swapping services for electric two three wheelers	$157M	Tiger Global Management, LeapFrog Investments ... & 49 others	75/100
2nd	SUN Mobility 2017, Bengaluru (India), Series B	Network providing battery swapping infrastructure for electric vehicle fleet operators	$135M	Bosch, Br Dhawan & 27 others	71/100
3rd	Mooving 2020, Gurugram (India), Seed	Network providing battery swapping and leasing for electric vehicle fleets	$15M	-	64/100
4th	Blue Energy Motors 2020, Pune (India), Series A	Manufacturer of electric and LNG-powered heavy-duty trucks featuring swappable battery technology	$50M	FPT Industrial, Omnitex Industries & 2 others	63/100
5th	Zeno 2022, Bengaluru (India), Seed	Provider of high-performance electric mobility solutions	$9.55M	Trifecta Capital, Toyota Ventures & 10 others	60/100
6th	Bijliride 2020, Hyderabad (India), Seed	Operator of electric vehicle rental services with battery swapping infrastructure	$243K	K C D R Advisory, T-Hub & 8 others	59/100
7th	RACE 2019, Hyderabad (India), Seed	Provider of battery swapping and electric vehicle infrastructure solutions	$5.26M	Wellfound, Micelio & 29 others	56/100
8th	VoltUp 2019, Pune (India), Seed	Provider of battery swapping for electric two- and three-wheelers to support urban mobility	$18M	EM Impact Capital, HDFC Bank & 3 others	53/100
9th	Yuma Energy 2023, Bengaluru (India), Unfunded	Provider of battery-swapping infrastructure and services for electric vehicles	-	-	51/100
10th	Indofast Energy 2024, Bengaluru (India), Unfunded	Battery swapping network for electric vehicles	-	-	48/100
15th	Esmito 2018, Chennai (India), Seed	Saas & IoT enabled battery management products and solutions for electric vehicles	$1.39M	Unicorn India Ventures, RTBI & 3 others	41/100

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Founders (largest shareholder) own 62.61%, Funds own 25.36%, Enterprises own 4.82% and ESOP Pool own 7.21%. The net worth of Esmito's founders is INR 27.8Cr as of Apr 06, 2023.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	62.61%	27.8Cr	8863550	2507812	6228167	1940491
Prabhjot Kaur	5888740	6037759	9322363	3078704	8546613	8839853
Hasan Ali	8494377	3754715	9055336	6085318	5558873	5876512
Fund	25.36%	11.3Cr	6809504	4582752	2375483	7552178
Unicorn India Ventures	2333038	4965878	5886153	8086706	6974139	5786261
Enterprise	4.82%	2.14Cr	1807	3868	3792	6825
ESOP Pool	7.21%	3.2Cr	5140263	6540246	3200201	6608756
Total	100.00%	44.4Cr	4237606	8582817	1271647	3415840