The India Energy Storage Alliance (IESA) is set to inject $500 million into the Indian battery and mobility startup ecosystem within a year, with a strategic focus on driving technological innovation and sustainable mobility solutions. This substantial investment targets advanced energy storage technologies, electric vehicle infrastructure, and breakthrough research in Battery Management Systems (BMS), safety management, and component manufacturing. The initiative comes on the heels of the Bharat Battery Show, part of the Bharat Mobility Global Expo 2025, which attracted over 30,000 visitors.
“We will attract over $500 million in investments, enabling startups to drive groundbreaking innovations in battery technology and electric vehicle infrastructure,” said Debi Prasad Dash, President of IESA. “This supports India’s commitment to leading sustainable mobility solutions.”
Key Investment Highlights
- Collaboration with 400 startups and leading organizations
- Partnerships with UNIDO, iCreate, India Accelerator
- Support mechanisms including investment backing, mentorship, technology validation
The Start-Up Connect program, organized with Hero MotoCorp, demonstrated government collaboration’s critical role. Panneerselvam Madanagopal, CEO of MeitY Startup Hub, highlighted joint ecosystem growth strategies.
Tamil Nadu Ecosystem Impact
For Tamil Nadu’s startup landscape, IESA’s investment represents a significant breakthrough. The state’s robust manufacturing infrastructure positions it to become a key beneficiary of these technological advancements in battery and mobility technologies.
Strategic Vision
Founded in 2012 by Customized Energy Solutions (CES), IESA aims to transform India into a global hub for advanced energy storage, green hydrogen, and e-mobility technologies.
