S
Sun Mobility
Provider of universal energy infrastructure and services to accelerate mass EV usage
About Sun Mobility
SUN Mobility is an innovative startup operating in the clean energy sector, specifically focusing on electric vehicle (EV) technology. The company offers a unique battery swapping solution, which is designed to overcome the challenges of EV charging infrastructure and battery life. This solution is particularly beneficial for shared mobility services, such as ride-hailing and ride-sharing platforms, public transportation, and delivery services.
Operating in the global market, SUN Mobility has gained recognition for its cutting-edge solutions in clean mobility. It is the only Indian company to make it to the Global CleanTech 100 list in 2021, and it finished in the top 5 at the Entrepreneurship World Cup in 2019. These accolades demonstrate the company's commitment to innovation and its potential for significant impact in the clean energy sector.
SUN Mobility's business model revolves around its battery swapping technology. Instead of waiting for an EV to charge, users can simply swap their depleted battery for a fully charged one at a swapping station. This not only saves time but also reduces the need for extensive charging infrastructure. The company generates revenue by selling these battery swapping services to shared mobility providers and other commercial vehicle operators.
In summary, SUN Mobility is a pioneering clean energy startup offering a practical and innovative solution to some of the key challenges facing the EV market. Its battery swapping technology has the potential to revolutionize the way we think about EV charging and could play a significant role in accelerating the adoption of EVs worldwide.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2017
- Headquarters
- Bengaluru, India
- Employees
- 918
- Open positions
- None listed
- Dealroom signal
- 78.0/100
- Industry
- Energy
- Sub-industry
- Energy Storage, Mobility, Maintenance
- Sector
- Transportation, Lithium-Ion Batteries, Sustainable Development Goals, EV Charging, Battery Swap, Climate Tech, Electric Mobility, Hard Tech
- Technology
- Mobile app
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VCOther financing | Jul 2025 | $60M | $240M | Indian Oil Corp · Bosch · Vitol · Helios Investment Partners | ↗ |
| EARLY VCOther financing | Oct 2021 | $50M | $200M | Vitol | — |
Growth signals
Latest recorded traffic for Sun Mobility is 480 monthly website visits, down 32.4% over the last three months. Sun Mobility's team grew 4.2% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A4 investors entered at this stage
Bosch
Vitol
Indian Oil Corp
Helios Investment Partners
Other known investors1 additional known investor
MFV Partners
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Sun Mobility on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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