Flowatt Battery Science: 10 Key Things You Must Know

Overview

Flowatt Battery Science is an innovative Indian startup revolutionizing the electric vehicle (EV) battery ecosystem with cutting-edge science and data-driven solutions. Founded in 2023 and based in Bengaluru, Flowatt offers a unique Battery-as-a-Service (BaaS) model that allows EV fleet operators to pay per kilowatt-hour instead of making a costly upfront battery purchase. This approach simplifies battery management, enhances battery lifespan, and optimizes performance, making EV adoption more accessible and sustainable, particularly for last-mile delivery fleets. Combining advanced battery chemistry, logistics expertise, and data analytics, Flowatt is poised to transform the commercial EV landscape while contributing significantly to India’s green mobility future.

1. Founded with a Vision to Transform EV Battery Economics

Flowatt Battery Science was started in 2023 by a team of experienced professionals including CEO Siddhartha Srivastava, who brings nearly two decades of expertise in EV sales, logistics, and infrastructure. The company aims to solve one of the biggest challenges in EV adoption — the high capital cost and complex management of batteries. By converting battery ownership into a scalable, pay-per-use service, Flowatt lowers entry barriers for fleet operators, making EV fleet electrification financially viable and operationally efficient.

2. The Battery-as-a-Service (BaaS) Model

At the heart of Flowatt’s offering lies its innovative Battery-as-a-Service platform. Instead of purchasing expensive batteries outright, fleet owners subscribe to batteries on a pay-per-kilowatt-hour basis. This model mimics traditional fuel purchasing, enabling predictable operating expenses and reducing upfront costs significantly. The service comes with battery swapping and charging infrastructure, which minimizes downtime and improves fleet productivity. This BaaS approach is particularly impactful for commercial fleets, helping businesses convert capital expenditures into manageable operating costs.

3. Advanced IoT-Enabled Battery Management

Flowatt batteries are equipped with Internet of Things (IoT) devices that provide real-time data on battery health, location, temperature, and usage patterns. This connectivity allows Flowatt's platform to deliver predictive analytics and maintenance alerts, improving battery reliability and safety. Fleet managers gain full visibility and control over their battery assets, enabling efficient asset utilization, preventing unexpected failures, and extending battery lifecycle, all of which reduce total cost of ownership.

4. Data Science at the Core of Optimization

Leveraging deep data analytics, Flowatt’s system collects extensive performance metrics from batteries in operation. This data is used to model predictive failures, optimize charging cycles, and tailor battery use to specific fleet needs. The analytics empower fleet operators to make informed decisions for vehicle and rider scheduling, battery swapping frequency, and maintenance planning. This scientific approach ensures maximum battery longevity and operational efficiency, a critical advantage in the rapidly scaling last-mile delivery sector.

5. Sustainability and Circular Economy Initiatives

Flowatt prioritizes environmental responsibility by designing batteries for long life and enabling second-life applications. After batteries complete their primary use, Flowatt facilitates their redeployment into secondary markets or recycling, reducing electronic waste and promoting the circular economy. Additionally, by enabling wider EV adoption through cost-effective battery access, Flowatt contributes to reducing the carbon footprint of commercial transportation, supporting India’s commitment to a cleaner future.

6. Rapid Market Penetration and Scaling Ambitions

Since its inception, Flowatt has rapidly deployed nearly 1,500 smart batteries across several Indian cities, primarily targeting two- and three-wheeler EV fleets used in e-commerce and quick-commerce delivery. With a successful pre-seed funding round raising ₹2.2 crore led by PedalStart, the company plans to exponentially scale its network to over 20,000 connected batteries. Their goal includes expanding operations into more than 15 tier 1 and tier 2 cities by the fiscal year 2026-27, reflecting strong market confidence.

7. Strategic Funding and Partnerships

Flowatt’s pre-seed funding has been vital to optimizing battery technology, completing proofs of concept, and expanding operational capacity. Strategic partnerships are being formed with insurers, EV financiers, original equipment manufacturers (OEMs), and logistics stakeholders to create an integrated ecosystem. These relationships are critical for enhancing battery assurance, enabling flexible insurance models, and streamlining financing solutions that support rapid adoption and risk management in EV fleets.

8. Customized Battery Solutions for Commercial Fleets

Recognizing the diverse needs of commercial mobility, Flowatt offers customizable battery plans tailored to fleet size, operational intensity, and route characteristics. This bespoke approach allows fleet operators to optimize cost and performance, matching battery design and subscription terms to specific commercial requirements. Flexible plans, combined with predictive vehicle and rider optimization, help businesses maximize ROI while maintaining high operational reliability.

9. Fleet Security and Asset Protection

Security is a key concern in fleet battery management. Flowatt addresses this with a range of asset protection features integrated into their systems, including geo-fencing, real-time tracking, and temperature monitoring to prevent theft, unauthorized use, or thermal events. These safeguards improve battery and fleet asset security, providing peace of mind to operators and insurers alike.

10. Leadership and Visionary Team Driving Innovation

Flowatt is led by Siddhartha Srivastava, an industry veteran with experience scaling EV sales and operations at leading companies like Ola Electric, Flipkart, and Myntra. Supported by co-founders Bikesh Jha and Vikash Singh, Flowatt’s leadership combines expertise in battery science, logistics, and data technology, driving a comprehensive strategy focused on innovation, sustainability, and scalability. Their vision is to be a leader in India’s electric mobility revolution by continually pushing the boundaries of battery science and lifecycle management.

Conclusion

Flowatt Battery Science is a pioneering force in India’s EV ecosystem, delivering innovative solutions that unlock the true potential of electric mobility for commercial fleets. By marrying advanced battery chemistry with IoT and data analytics, the company offers a scalable Battery-as-a-Service model that significantly reduces costs, enhances battery lifespan, and improves operational efficiency. With ambitious scaling plans, robust funding, and a visionary leadership team, Flowatt is well-positioned to accelerate the electrification of last-mile delivery fleets and promote a sustainable green future. Their approach poses a vital question for the industry: can transforming battery economics finally make EVs the standard for commercial mobility?