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Pointo Targets E-Auto, BESS, Second-Life Battery Markets; Seeks Rs 70-100 Crore Funding

News18•04-10-2026, 14:30

•Pointo, a lithium-ion battery startup, is focusing on the e-auto segment, battery storage systems (BESS), and second-life products to boost revenue.
•The company is actively seeking Rs 70-100 crore in funding for its next expansion phase, which includes building an automated refurbishment unit and expanding its distribution network.
•Pointo projects its revenue run rate to jump from Rs 3 crore in FY24 to Rs 80 crore in FY26, with an expected close of Rs 150 crore for the current financial year.
•Founded in 2023, Pointo aims to create a closed-loop supply chain for batteries, offering financing tie-ups with NBFCs to make lithium-ion batteries accessible to e-rickshaw drivers and fleets.
•The startup currently serves 25,000 customers across 22 hubs in six states and plans to expand its micro-distribution network into Tier II and Tier III towns, leveraging the growing demand for battery replacements in e-autos and the potential for second-life applications.

Pointo is actively engaging with investors to raise between Rs 70 crore and Rs 100 crore for its next expansion phase.

Pointo is betting on the expanding e-auto segment, battery energy storage systems (BESS), and second-life products to bolster its revenue.

Pointo was founded in 2023 by Riki Biswas and three co-founders, and its revenue run rate jumped to Rs 80 crore in FY26.