RapidE Power Early Stage RapidE Power & Mobility Solutions Pvt Ltd Delivery based Battery Swap Platform for Multiple Brands of Electric 2-Wheelers in India.

transportation

Employees

1-10

Branch/Offices Locations

Hyderabad

Incorporated at

India , 2022

Corporate Office

Hyderabad

Platform
WFC
Updated: 17 Dec' 2024
Approved: 26 Oct' 2024
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Product Description

Below are the benefits of our services as compared to the existing services like Swap Stations & Charge Stations: *We charge large quantities of batteries at optimal speed at our hub, which ensures better battery health and longevity. *We deliver fully charged batteries at customer's preferred location anytime, which reduces range anxiety and leads to instant range extension *Operating with a hub and spoke model helps us to cut down capital expenditure, compared to swap stations, which leads to higher return on investment *Given that battery interoperability is still a work in progress, our platform allows us to cater to multiple brands at the same time Our services include: *Scheduled Battery Delivery *On-demand Battery Delivery *Battery Management & *Road Side Assistance


Startup Description

RapidE Power is a battery-as-a-service ecosystem for multi-brand electric 2-wheelers. It offers a swap ecosystem in which the users won't have to worry about battery cost, charging time and other infrastructure woes. The major concern for any EV user is Charge Duration and Range Anxiety. That becomes one of the primary hindrances towards EV adoption in India. Our Battery Swap via Delivery platform allows customers to not just get a fully charged battery delivered at their preferred location anytime, while saving precious time and money.


Product Screenshots


Business Model

B2B and B2B2C: *We approach our clients via corporate tie ups and long term contracts *We also go with direct sales at the EV dealerships *Our primary target market lies in the last mile and fleet operators


Customers based in

India

Business Modal Type

Mobile App

Type of Sales

B2B, B2B2C

Competitors

Indirect competitors are Battery Smart, Sun Mobility etc.

Teams

Sambit Patnaik

Founding Director

Prashant Verma

Investor & Director

Nikhil Nagaraj

Head of Business

Tell us a bit about how founding team knows each other.

We are family friends since more than 2 decades and colleagues as well.

Why did you decide to start this company?

RapidE Power is a Delivery based Battery Swap Platform for multi-brand electric 2-wheelers.

Are all the founders full-time on this project?

No

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