Siddhartha Srivastava (Flowatt Battery Science)

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Overview

Siddhartha Srivastava is an Indian entrepreneur and co-founder of Flowatt Battery Science, a Bengaluru-based deep-tech startup specializing in advanced battery management solutions for electric vehicles. Established in 2023 alongside Vikash Singh and Bikesh Jha, Flowatt Battery Science has pioneered a Battery-as-a-Service (BaaS) model aimed at revolutionizing the economics of battery usage in commercial mobility by leveraging IoT and data analytics. Siddhartha Srivastava's leadership has been instrumental in advancing the company’s innovative approach to EV battery lifecycle management.

Recent Developments

  • October 2025: Flowatt Battery Science secured INR 22 million in a pre-seed funding round led by PedalStart, aimed at optimizing its battery technology and scaling operations. The funds are earmarked for technology enhancement, completing the proof of concept for their next-generation battery system, and forming strategic alliances with insurers and EV financiers.
  • FY 2026-27 Goals: The company aims to deploy 20,000 batteries, achieve monthly recurring revenue of over INR 25 million, and expand into over 15 Indian cities.
  • BaaS Model Expansion: Flowatt plans to significantly scale its Battery-as-a-Service model, which currently powers 1,500 batteries in various cities. The pay-per-use model is designed to reduce upfront costs and enhance operational efficiency for fleet operators in the e-commerce and quick-commerce sectors.
  • Technology Integration: The company integrates IoT-enabled tracking and predictive analytics to optimize battery performance and longevity, which is crucial for its BaaS offering.

Personal Information

AttributeInformation
Full NameSiddhartha Srivastava
BornDate not publicly available, India
NationalityIndian
OccupationEntrepreneur, Co-founder of Flowatt Battery Science
Known ForBattery-as-a-Service model for EVs
Net WorthNot publicly disclosed
EducationIIT Bombay, IIM Ahmedabad

Early Life and Education

Siddhartha Srivastava was born in India, though specific details about his early life are sparse. He pursued his undergraduate education at the Indian Institute of Technology Bombay, where he gained a solid foundation in engineering. This was followed by a postgraduate degree from the Indian Institute of Management Ahmedabad, one of India’s premier business schools. His educational background in both engineering and business administration provided him with the critical skills necessary for addressing complex problems at the intersection of technology and commerce, particularly within the electric vehicle space. These experiences, coupled with his professional tenure at prominent companies like Myntra and Flipkart, where he managed operations and logistics, played a pivotal role in shaping his entrepreneurial vision.

Career and Notable Achievements

  • Co-founded Flowatt Battery Science in 2023: Along with Vikash Singh and Bikesh Jha, Siddhartha Srivastava co-founded Flowatt Battery Science with the aim of transforming battery management solutions for the EV industry.
  • Development of BaaS Model: Innovated the Battery-as-a-Service model to convert batteries from a capital expense to a flexible service, facilitating easier access for fleet operators.
  • Partnership with PedalStart: Successfully navigated the startup through its first funding round, securing crucial investment from PedalStart, which set a new trajectory for the company's growth and technology development.

Current Work and Impact

As of 2025, Siddhartha Srivastava continues to lead Flowatt Battery Science as it expands its footprint across India. The startup’s business model is reshaping how commercial mobility fleets approach battery ownership and management by reducing overhead costs and improving battery lifecycle efficiency. The impact of this model is particularly significant in India's burgeoning e-commerce and quick-commerce sectors, providing scalable solutions that support the transition to sustainable electric mobility.

Conclusion

Siddhartha Srivastava’s contributions to the electric vehicle industry through Flowatt Battery Science underscore his role as a pivotal figure in advancing battery management technologies. His strategic vision for a sustainable and cost-effective battery ecosystem is setting new standards within the industry, particularly through the adoption of the BaaS model. As Siddhartha continues to innovate, his work is poised to significantly influence the future landscape of electric mobility in India and potentially, globally.

References

  1. Motoring Trends
  2. Indian Startup Times
  3. Flowatt Battery Science
  4. Tracxn
  5. Startup News FYI