Creating a global network of distributed batteries.
Sheru is an Indian company that offers cloud energy storage services for grid operators. They are world's first company to innovate an on-demand energy storage option for electricity grids. Their platform aggregates energy storage space from idle batteries connected to the grid. These batteries can be sitting idle in battery swapping stations, electric buses, power backup batteries, solar connected batteries and more. They are already live with the likes of TATA and BSES in Delhi, India. They are working on scaling this technology throughout the country and, aggregating batteries via their battery management software.
Notable Achievements
- Raised US$2.5 million from Climate Capital, Advantedge, Micelio, Theia Ventures, Venture Catalysts, Climate Angels, Turbostart and Angels
- World's first Cloud Energy Storage company. World's first to patent V2G compatible battery swapping kiosk
- Working largest private utilities in India. CEO is a key influencer of energy public policy innovations in India
Currently Operating in One Region
Press Mentions
May 23, 2024
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