InfinityX Innovations secures TDB support to scale 40‑second EV battery swapping tech, boosting India’s clean mobility ecosystem.
India’s electric mobility ecosystem received a major boost as the Technology Development Board (TDB), Department of Science & Technology (DST), signed an agreement with Bengaluru-based InfinityX Innovations Private Limited to support the commercialization of automated battery swapping stations for electric vehicles.
The project, backed by TDB financial assistance, aims to deploy IoT-enabled, automated battery swapping stations capable of completing a swap in under 40 seconds. This innovation directly addresses one of the biggest barriers to EV adoption—charging time—particularly for commercial fleets and last-mile delivery operators.
InfinityX’s solution integrates advanced battery systems with automated swapping infrastructure, offering high thermal stability and operational reliability across diverse Indian conditions. Its modular battery architecture ensures compatibility across multiple vehicle platforms, enabling interoperability and scalability. The system is designed for high-utilization use cases, making it especially relevant for gig economy workers and fleet operators transitioning to electric mobility.
With TDB’s support, InfinityX will establish a dedicated manufacturing facility in Bengaluru to scale production of next-generation battery packs and swapping stations. The initiative is expected to contribute to a standardized and interoperable battery swapping network, strengthening India’s domestic EV infrastructure and reducing reliance on imported technologies.
Shri Rajesh Kumar Pathak, Secretary, TDB, emphasized that accelerating deployment of efficient charging alternatives is critical for India’s EV growth. He noted that indigenous innovations such as automated battery swapping systems can play a transformative role in enabling faster adoption, particularly in high-demand commercial segments.
InfinityX CEO and Founder expressed gratitude for the support, highlighting that reducing battery transition time to under 40 seconds makes EV energy replenishment comparable to conventional refuelling, thereby improving operational efficiency and accessibility.
InfinityX Innovations is a Bengaluru-based EV technology startup founded in 2019, focused on automated battery swapping solutions. It has raised early-stage funding, including a pre-seed round of $80K in May 2022, and has received accelerator support and government backing through the Technology Development Board (TDB).
Profile – InfinityX Innovations
InfinityX Innovations is a Bengaluru-based EV technology startup founded in 2019, focused on automated battery swapping solutions. It has raised early-stage funding, including a pre-seed round of $80K in May 2022, and has received accelerator support and government backing through the Technology Development Board (TDB).
Company Overview
- Name: InfinityX Innovations Private Limited
- Founded: 2019
- Headquarters: Vijinapura, Dooravani Nagar, Bengaluru, Karnataka
- Industry: Electric Vehicles, Battery Swapping Technology
- Employees: 1–10 (early-stage team)
Founders
- Founder (name not publicly disclosed in available sources)
- Leadership emphasizes indigenous innovation to reduce reliance on imported EV technologies
Funding & Investors
- Pre-Seed Round: $80K raised in May 2022 at a valuation of $2.2M
- Accelerator Support: Backing through accelerator programs, deal amount approx. $5.5K
- Investors: Six early-stage investors (names not publicly disclosed)
Technology & Focus
- Automated battery swapping stations capable of completing a swap in under 40 seconds
- Modular battery packs compatible across multiple EV platforms
- IoT-enabled infrastructure for real-time monitoring
- High thermal stability and operational reliability in Indian conditions
- Target market: commercial fleets, last-mile delivery operators, gig economy workers
Government & Institutional Support
- TDB Agreement (2026): Signed with Technology Development Board (DST, Government of India) to scale automated battery swapping stations
- Financial Assistance: Support to establish a dedicated manufacturing facility in Bengaluru
- Policy Context: Aligns with PM E‑DRIVE scheme (₹10,900 crore outlay, extended till 2028)
InfinityX Innovations is emerging as a strategic player in India’s EV ecosystem, combining startup funding, accelerator backing, and government support to build a scalable, indigenous battery swapping network. Its technology directly addresses EV adoption barriers, making charging as fast as refuelling.