IESA Organizes 'Start-Up Connect Program' in Collaboration with Hero MotoCorp
The India Energy Storage Alliance (IESA) organized the Start-Up Connect program in collaboration with Hero MotoCorp, during the Bharat Battery Show, part of the Bharat Mobility Global Expo 2025. IESA projects that the industry will attract over USD 500 million in investments within a year.
January 23, 2025. By News Bureau
IESA projects that the industry will attract over USD 500 million in investments within a year. Several startups, including Polyprotic, Scharge, bridge green UpCycle, Zero foot print, Neuron Energy, Calton Energy, Qmax Ion, PranaGraf, PIOT Solutions, Lean Watt, and Vecmocon, are among the 100 startups who participated in this year’s Bharat Battery Show.
Many of these startups are seeking funding from major conglomerates and investment firms. This investment will drive new innovations, research and development, and advancements in products manufactured by these startups.
Recent advancements in the electric vehicle (EV) sector are set to revolutionize the industry in India, focusing on the manufacturing of charging stations designed for local environmental conditions. Innovations in battery technology, including sodium-ion, zinc based batteries and metal-air batteries, are also in the pipeline, paving the way for alternatives to traditional lithium-ion batteries. This wave of investment will also benefit a range of companies involved in Battery Management Systems (BMS), safety management, and component manufacturing.
Additionally, several emerging start-ups are specializing in areas such as raw material processing, chemical processing, battery safety for electric vehicles, and the development of Battery Storage Systems (BSS), as well as software solutions to enhance charging infrastructure across the country.
During the Start-Up Connect program, Shri Panneerselvam Madanagopal, CEO of MeitY Startup Hub, demonstrated how India can collaborate with government entities to support the growth of this ecosystem jointly. In addition, IESA is actively working to promote the start-up ecosystem through its start-up and innovation program, which is already collaborating with 400 start-ups and leading organizations such as UNIDO, iCreate, India Accelerator, VJTI-TBI, BCKIC, and other global entities, as well as investor communities, to provide investment support, mentorship, technology validation, and global partnerships.
Debi Prasad Dash, President of IESA stated, “Today's Start-Up Connect program is a pivotal moment for the Indian battery and mobility ecosystem. We project that our industry will attract over $500 million in investments within the year, enabling startups to drive groundbreaking innovations in battery technology and electric vehicle infrastructure. This will not only boost our capabilities, it will also support India's commitment to leading the charge in sustainable mobility and energy storage solutions."
The Bharat Battery Show, held as part of IESA's Bharat Mobility Global Expo 2025, experienced a remarkable turnout over 3 days, with over 30,000 visitors streaming in to explore the latest innovations and developments in the battery storage and recycling industry.
Such a significant increase not only underscores the heightened interest and enthusiasm among the public for advancements in sustainable energy solutions but also highlights the importance of the battery sector in our transition toward a greener future.
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