Bolt.Earth is a prominent electric vehicle (EV) solutions provider based in Bengaluru, India. Founded in 2017 by Jyotiranjan Harichandan and Mohit Yadav, the company operates India’s largest EV charging network, with over 36,000 charging points across 1,600 cities, serving 208,000 active users. Bolt.Earth leverages an integrated approach combining hardware and software to support charging solutions for a variety of EVs. As of January 2025, the company has raised substantial funding, securing $5 million in its latest Series A+ funding round.
Attribute | Information |
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Founding Date | 2017 |
Headquarters | Bengaluru, India |
Founders | Jyotiranjan Harichandan, Mohit Yadav |
Revenue | Not publicly disclosed |
Profits | Not publicly disclosed |
Key Investors | Version One Ventures, Union Square Ventures, Prime Venture Partners |
Industry | Electric Vehicles, Charging Infrastructure |
Number of Employees | 242 |
Bolt.Earth began its journey in 2017 under the original name REVOS. Recognizing the fledgling state of India’s EV infrastructure, the company focused on creating a scalable EV charging network. By 2018, Bolt.Earth had launched India’s first peer-to-peer EV charging network and expanded its operations rapidly. Over the years, the company established key partnerships with domestic and international companies, creating a robust platform for electric mobility in India.
Bolt.Earth operates as a leading entity in the EV industry, providing full-stack charging solutions encompassing hardware and software platforms. The company's business model emphasizes compatibility with all EV categories—2-wheelers, 3-wheelers, and 4-wheelers.
Bolt.Earth maintains a dominant position in India’s EV charging market with a 63% market share. The company’s integrated approach includes a proprietary operating system, Bolt.Earth OS, facilitating connectivity and compatibility across different EV brands. By continually enhancing its network, Bolt.Earth addresses range anxiety among EV users and supports emerging smart city initiatives through strategic collaborations and innovation.
Bolt.Earth is at the forefront of revolutionizing India’s EV market with its expansive charging network and cutting-edge technological solutions. Its strategic expansions and strong leadership have cemented its place as a transformative company in the EV space. With continued innovation and international market penetration strategies, Bolt.Earth is poised to make a significant impact on global EV adoption.