Yuma Energy - About the company
Yuma Energy is a series A company based in Bengaluru (India), founded in 2023. It operates as a Provider of battery-swapping infrastructure and services for electric vehicles. Yuma Energy has raised $35M in funding. The company has 29 active competitors, including 13 funded and 1 that has exited. Its top competitors include companies like Battery Smart, SUN Mobility and Mooving.
Company Details
Provider of battery-swapping infrastructure and services for electric vehicles. This includes the design, manufacture, and deployment of swapping units, intelligent charging units, and associated software. The company offers its technology to electric vehicle manufacturers, enabling them to integrate battery swapping into their vehicles and enhance the customer experience. A network of swap stations provides convenient and efficient battery exchange for users. The service aims to address range anxiety and reduce operating costs for electric vehicle owners.
- Website
- yuma.energy
- Social
- Phone Number
- +91 **********
Key Metrics
Founded Year
2023
Location
Bengaluru, India
Stage
Series A
Total Funding
$35M in 1 round
Latest Funding Round
Ranked
7th among 29 active competitors
Annual Revenue
$10M - $50M as on Dec 31, 2018
Employee Count
401 as on Mar 31, 2025
Investment & Acquisitions
Legal entities associated with Yuma Energy
Yuma Energy is associated with 4 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Magna International Inc. CIN: 2631970 , United States, Active | Jun 07, 1996 | - | 23376 (As on Dec 31, 2023) | - |
MAGNA YUMA PRIVATE LIMITED CIN: U74996KA2022PTC158091 , India, Active | Feb 18, 2022 | 0 - ₹10 Cr (As on Mar 31, 2025) | 196 (As on Apr 01, 2026) | |
YUMA ENERGY, INC. CIN: 1672326 , United States, Active | Feb 09, 2016 | $10M - $50M (As on Dec 31, 2018) | - | - |
YULU BIKES PRIVATE LIMITED CIN: U77210KA2017PTC105368 , India, Active | Aug 07, 2017 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | 1379 (As on May 01, 2026) |
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Yuma Energy's funding and investors
Yuma Energy has raised a total funding of $35M over 1 round. Its latest funding round was a Series A round on Sep 01, 2026 for $*****. 1 investor participated in its latest round.
Here is the list of recent funding rounds of Yuma Energy:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 01, 2026 | 2652226 | Series A | 9630882 | 8256502 | 2437436 | 1282955 |
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Yuma Energy's founders and board of directors
Founder? Claim ProfileYuma Energy's Board of Directors
Yuma Energy's board has 5 active members. Pankaj Chowdhary and Matteo Del sorbo are part of team and Amit Gupta, Rajendra Kumar Misra and Azhagu Nachimuthu Subramanian are independent board members.Here is the list of Yuma Energy's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
ovnxyhj | Team | - | Current | 2y 8m |
ykiqchi | Team | - | Current | 7y 7m |
Independent board member | - | Current | 9y 0m | |
{hjrqja | Independent board member | - | Current | 3y 2m |
nxyugfm | Independent board member | - | Current | 9y 7m |
ukjjgii | Independent board member | - | Past | 3y 6m |
mwrwiax | Independent board member | - | Past | 7y 6m |
Yuma Energy's employee count trend
Yuma Energy has 401 employees as of Mar 25. The total employee count is 15.0% more than what it was in Mar 24. Here is Yuma Energy's employee count trend over the years:
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Yuma Energy's Competitors and alternates
Top competitors of Yuma Energy include Battery Smart, SUN Mobility and Mooving. Here is the list of Top 10 competitors of Yuma Energy, 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 | Chains providing battery swapping services for electric two three wheelers | $157M | 74/100 | |
2nd |  SUN Mobility 2017, Bengaluru (India), Series B | Network providing battery swapping infrastructure for electric vehicle fleet operators | $135M | 71/100 | |
3rd | Network providing battery swapping and leasing for electric vehicle fleets | $15M | - | 64/100 | |
4th | Provider of high-performance electric mobility solutions | $30M | 61/100 | ||
5th | Operator of electric vehicle rental services with battery swapping infrastructure | $243K | 59/100 | ||
6th | Provider of battery swapping for electric two- and three-wheelers to support urban mobility | $18M | 53/100 | ||
7th |  Yuma Energy 2023, Bengaluru (India), Series A | Provider of battery-swapping infrastructure and services for electric vehicles | $35M | - | 51/100 |
8th |  Indofast Energy 2024, Bengaluru (India), Unfunded | Battery swapping network for electric vehicles | - | - | 48/100 |
9th |  Swapp Design 2022, Bengaluru (India), Seed | Battery swapping solutions for EV charging station operators | $199K | 42/100 | |
10th | EV battery swapping solutions for charging stations | $80K | 41/100 |
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Yuma Energy's Investments and acquisitions
Yuma Energy has acquired Grinntech. Yuma Energy has not made any investments as of now.Reports related to Yuma Energy
Here is the latest report on Yuma Energy's sector:
News related to Yuma Energy
Filter this listMedia has covered Yuma Energy for a total of 8 events in the last 1 year, 4 of them have been about partnerships and 2 about company updates.
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Spanish Army procures specialized cold-weather gear in multi-million euro dealEl Confidencial Digital•Jun 22, 2026•Yuma Energy
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Yuma Energy & e-Sprinto Partner to Deploy Swappable-Battery EVs across IndiaOnline Media Cafe•Jan 15, 2026•Yuma Energy, e-Sprinto
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Yuma Energy partners with Motovolt Mobility to deploy 15,000 vehicles in IndiaMedia Bulletins•Jan 06, 2026•Motovolt, Yuma Energy
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Yuma Energy Acquires Grinntech To Strengthen Battery-as-a-Service EcosystemSafeguard Financial•Feb 20, 2025•Yuma Energy, Grinntech
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Yuma Energy acquires Chennai-based Grinntech to boost battery solutionsDailyexcelsior•Feb 20, 2025•Yuma Energy, Grinntech
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Kinetic Green, Yuma Energy join forces to launch 100,000 EVsConstructionWeekonline.in•Jan 15, 2025•Kinetic Green, Yuma Energy
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