SUN Mobility - About the company
SUN Mobility is a series B company based in Bengaluru (India), founded in 2017 by Chetan Maini, Uday Khemka and Ajay Goel. It operates as a Provider of battery-swapping and energy as a services for electric vehicles. SUN Mobility has raised $135M in funding from Bosch, with a current valuation of $*****. The company has 46 active competitors, including 15 funded and 1 that has exited. Its top competitors include companies like Battery Smart, Mooving and Zeno.
Company Details
Provider of battery-swapping and energy as a services for electric vehicles. It offering an energy sustainability, EV infrastructure, and emerging tech startups, as it addresses critical EV adoption barriers through innovative battery-swapping technology and a scalable subscription business model.
- Website
- www.sunmobility.com
- Social
- Email ID
- *****@sunmobility.com
- Phone Number
- +91 **********
Key Metrics
Founded Year
2017
Location
Bengaluru, India
Stage
Series B
Total Funding
$135M in 4 rounds
Latest Funding Round
Post Money Valuation
$***** as on Oct 19, 2021
Ranked
2nd among 46 active competitors
Annual Revenue
₹500 - ₹1,000 Cr as on Mar 31, 2026
Employee Count
473 as on May 31, 2025
Investment & Acquisitions
Similar Companies
Legal entities associated with SUN Mobility
SUN Mobility is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SUN MOBILITY PTE. LTD CIN: 201536050W , Singapore, Active | Sep 29, 2015 | $10M - $50M (As on Mar 31, 2025) | - | |
SUN MOBILITY EV INFRA PRIVATE LIMITED CIN: U74999KA2019PTC167865 , India, Active | Jan 01, 2019 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 2 (As on Mar 01, 2026) | |
Sun Mobility Private Limited CIN: U35100KA2016PTC124376 , India, Active | Dec 14, 2016 | ₹500 - ₹1,000 Cr (As on Mar 31, 2026) | 467 (As on Apr 01, 2026) |
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SUN Mobility's funding and investors
SUN Mobility has raised a total funding of $135M over 4 rounds. Its first funding round was on Sep 04, 2020. Its latest funding round was a Series B round on Jul 29, 2025 for $*****. 5 investors participated in its latest round. SUN Mobility has 17 institutional investors and 12 angel investors.
Here is the list of recent funding rounds of SUN Mobility:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 29, 2025 | 1476613 | Series B | 8163971 | 4144249 | 7343745 | 3091343 |
Feb 25, 2022 | 3199638 | Conventional Debt | 1255104 | 5246188 | 9281031 | |
Oct 20, 2021 | 7115604 | Series B | 6091265 | 9620863 | 5847031 |
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SUN Mobility's founders and board of directors
Founder? Claim ProfileThe founders of SUN Mobility are Chetan Maini, Uday Khemka and Ajay Goel. Ajay Goel is the CEO of SUN Mobility.
Here are the details of SUN Mobility's key team members:
- Chetan Maini: Co-Founder & Chairman of SUN Mobility and founder of 4 other companies, including TYCORUN, Virya Mobility and SUN Mobility. They are also an angel investor in 3 startups.Contact Info: 1 phone number
- Uday Khemka: Co-Founder & Vice Chairman of SUN Mobility and founder of 1 other company. Contact Info: 1 email address
- Ajay Goel: Co-Founder & CEO of SUN Mobility. Contact Info: 1 email address
SUN Mobility's Board of Directors
SUN Mobility's board has 9 active members. Uday Khemka, Chetan Maini and Ajay Goel are part of team and Mudlapur Guruprasad, Gur Prasad, Wong Thiam Siang Stewart, Eduard Ruijs, Mansukhlal Vasta Nakrani and Satish Kumar Vaduguri are independent board members.Here is the list of SUN Mobility's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 10y 7m | |
Team | - | Current | 9y 0m | |
Team | - | Current | 4y 11m | |
Independent board member | - | Current | 5y 8m | |
hpouxcj | Independent board member | - | Current | 9y 4m |
fvqvruf | Independent board member | - | Current | 4y 6m |
gsbcn{o | Independent board member | - | Current | 6y 5m |
xmibgxb | Independent board member | - | Current | 8y 6m |
edgykvz | Independent board member | - | Current | 8y 6m |
dhanthg | Independent board member | - | Past | 3y 4m |
ttthq{t | Independent board member | - | Past | 3y 5m |
vaymtxc | Independent board member | - | Past | 8y 3m |
kpdngta | Independent board member | - | Past | 4y 8m |
qfbfrdj | Independent board member | - | Past | 7y 6m |
xdegdpu | Independent board member | - | Past | 2y 7m |
zreinrg | Independent board member | - | Past | 6y 3m |
malpxzz | Independent board member | - | Past | 6y 5m |
{agjxsf | Independent board member | - | Past | 8y 4m |
nwzvewe | Independent board member | - | Past | 9y 1m |
View details of SUN Mobility's Founder profiles and Board Members
SUN Mobility's employee count trend
SUN Mobility has 473 employees as of May 25. The total employee count is 11.0% lower than what it was in May 24. Here is SUN Mobility's employee count trend over the years:
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SUN Mobility's Competitors and alternates
Top competitors of SUN Mobility include Battery Smart, Mooving and Zeno. Here is the list of Top 10 competitors of SUN Mobility, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Battery Smart 2019, Delhi (India), Series B | Provider of battery-swapping network for electric two-wheelers and three-wheelers | $147M | 74/100 | |
2nd |  SUN Mobility 2017, Bengaluru (India), Series B | Provider of battery-swapping and energy as a services for electric vehicles | $135M | 71/100 | |
3rd | Operator of battery swapping and leasing services for electric vehicles | $15M | - | 64/100 | |
4th | Provider of high-performance electric mobility solutions | $9.5M | 59/100 | ||
5th | Operator of electric vehicle rental services with battery swapping infrastructure | $243K | 57/100 | ||
6th | Provider of battery swapping and electric vehicle infrastructure solutions | $5.26M | 56/100 | ||
7th |  Blue Energy Motors 2020, Pune (India), Series A | Platform offering heavy duty trucks | $50M | 55/100 | |
8th |  Indofast Energy 2024, Bengaluru (India), Unfunded | Operator of battery swapping network for electric vehicles and retrofits | - | - | 52/100 |
9th |  Yuma Energy 2023, Bengaluru (India), Unfunded | Provider of battery-swapping infrastructure and services for electric vehicles | - | - | 51/100 |
10th | Provider of battery swapping for electric two- and three-wheelers to support urban mobility | $18M | 51/100 |
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SUN Mobility's Investments and acquisitions
SUN Mobility has a total of 1 investment in Bolt.Earth. SUN Mobility has not made any acquisitions as of now.Reports related to SUN Mobility
Here is the latest report on SUN Mobility's sector:
News related to SUN Mobility
Filter this listMedia has covered SUN Mobility for a total of 7 events in the last 1 year, 4 of them have been about company updates and 1 about partnerships.
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Tech Skoot Launches Electric Tuk-tuk in Kenya with SUN Mobility Battery SwappingTechMoran•Feb 17, 2026•SUN Mobility
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Pony AI Partners with Sunlight Mobility for Asset-Light Fleet Expansion in APACPR Newswire•Nov 24, 2025•SUN Mobility, Pony.ai
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Sun Mobility secures funding from Helios Climate and PIDG for expansionNewsDrum•Jul 29, 2025•SUN Mobility, Helios Climate Ventures, PIDG, Helios and 1 other
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SUN Mobility Showcases Full-Service Partner Model at FADA’s Auto Summit 2025Business Wire India•Jan 18, 2025•SUN Mobility
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SUN Mobility Boosts Electric Vehicle Adoption With Battery SwappingElectronicsforyou•Dec 02, 2024•SUN Mobility
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Anant Badjatya Named CEO Of SUN Mobility-IOCL Joint VentureElectronicsforyou•Oct 10, 2024•SUN Mobility, Indian Oil, Indofast
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Revfin Expands EV Fleet With 15,000 Vehicles From SUN MobilitySafeguard Financial•Sep 06, 2024•RevFin, SUN Mobility
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