AdvantEdge

Mobility First Transformation Fund, helping early stage founders build #Indicorns

[Kunal Khattar @KunalKhattar]

The Strait of Hormuz crisis just proved what EV investors have argued for years — China’s EV boom let it cut 3M bpd of oil imports overnight. India’s path to energy independence runs through electric mobility, not just oil diplomacy. 🇮🇳⚡
@advantEdge_vc @NITIAayog
https://t.co/1TR4W6ZwWv

[Kunal Khattar @KunalKhattar]

India’s EV sector just crossed a 10%+ penetration in May! 📈
The biggest value-chain gaps remain in battery cells, power electronics, and localized software/firmware. For deep-tech and hardware startups in India, the next decade is wide open to build production-grade, localized components.

https://t.co/EBxwoOhvbQ

[Kunal Khattar @KunalKhattar]

Rising fuel prices may have accelerated EV adoption, but sustained demand and delivery delays point to a structural shift in consumer behaviour. The next phase of India’s mobility transition will be defined by how quickly infrastructure scales to match demand.
https://t.co/xWb49TDEjn

[Kunal Khattar @KunalKhattar]

India hits 50% clean power — 5 years early.
While the world debated IF India could go green, we were writing cheques — @ExponentEnergy (fast charging), https://t.co/8Ji4xhOXRj (bikes), @baazbike (fleets), @exponent_one (finance).
And the shared mobility layer riding on it — @rapidobikeapp @chaloapp @zingbus.
Clean grid → EV stack → mass mobility. The flywheel is turning. 🇮🇳
https://t.co/2j0w2CJYHB

[Kunal Khattar @KunalKhattar]

No energy independence = no strategic autonomy- @amitabhk87
$180B in fossil fuel imports. Every oil shock hits our currency, our growth. Clean grid → EV stack → mass mobility. The flywheel is turning. 🇮🇳
@ThePrint @NITIAayog @MinOfPower @mnreindia @AdvantEdge_VC

https://t.co/u6qCTiq5ie

[Kunal Khattar @KunalKhattar]

Delhi’s EV journey highlights an important lesson: adoption isn’t driven by incentives alone.
Consumers switch when the economics work, the infrastructure is reliable, and the product fits the use case.
The next phase of India’s EV transition will be won not by policy announcements, but by solving the last-mile challenges of convenience, charging & service. ⚡
@gupta_rekha @CMODelhi @MinOfPower @mnreindia @AdvantEdge_VC

[Kunal Khattar @KunalKhattar]

BYD just overtook Tesla. Again. Chinese OEMs hold 5 of top 6 EV sales positions globally.
Legacy automakers spent a decade protecting ICE. Now they’re playing catch-up. The lesson isn’t about OEMs alone. It’s about building ecosystems. This is exactly why we back the full stack - infrastructure, energy & mobility layer beneath them.
Clean grid → EV stack → mass mobility. The flywheel is turning. 🇮🇳
@AdvantEdge_VC @ETAuto @theicct_india

https://t.co/w2OlKUEErB

[Kunal Khattar @KunalKhattar]

UP is getting serious about EVs.
₹5K on 2-wheelers. ₹12K on 3-wheelers. ₹1L on 4-wheelers. ₹20L on e-buses. This is what full-stack state conviction looks like — every vehicle category, every use case covered.
Clean grid → EV stack → mass mobility. The flywheel is turning. 🇮🇳
@CMOfficeUP @UPGovt @MinOfPower @mnreindia @advantEdge_vc
https://t.co/VmdztfCbcC

[Kunal Khattar @KunalKhattar]

A useful reminder from Delhi's e-auto ecosystem: Consumers adopt technology. Operators adopt economics.
For commercial EVs, the equation is simple: fast charging, uptime, charger availability & TCO.
The biggest opportunities in mobility may lie in solving these bottlenecks, not just building more vehicles. ⚡
Clean grid → EV stack → mass mobility. The flywheel is turning. 🇮🇳
@CMODelhi @MinOfPower @mnreindia @advantEdge_vc @ExponentEnergy @exponent_one

[Kunal Khattar @KunalKhattar]

EVs just crossed 10% of new car registrations in Delhi.But for most, it’s still the second car.
The reason? Not the vehicle. Not the price. It’s the ecosystem.
One app that works everywhere. Charging that’s reliable. Infrastructure beyond city limits.
Fix the ecosystem. And we end ICE Age!
Clean grid → EV stack → mass mobility. The flywheel is turning. 🇮🇳
@CMODelhi @MinOfPower @mnreindia @AdvantEdge_VC @pulseenergyio

[Kunal Khattar @KunalKhattar]

Every technology transition creates new infrastructure needs.
As EV adoption scales, the next set of opportunities may lie beyond vehicle sales: servicing, diagnostics, resale, financing, battery lifecycle management, and recycling.
The vehicle is the starting point. The ecosystem is the market. ⚡🇮🇳
@AdvantEdge_VC

[AdvantEdge @advantEdge_vc]

Our portfolio company, @ExponentEnergy, has raised INR 200 Cr in its Series B2 round, co-led by @360ONEAsset & @TDKVentures, with participation from #AdvantEdgeFounders, @HitachiVentures, @8roadsventures, @LightspeedIndia, @3one4Capital.

[AdvantEdge @advantEdge_vc]

India’s EV ecosystem is moving from adoption to scale.
In this conversation with @IStartupTimes , @KunalKhattar shares his perspective on India’s EV future, startup investing and what it takes to build category-defining companies.
Watch here: https://t.co/Mn6FyJu0gZ

[AdvantEdge @advantEdge_vc]

In Ep. 4 of #DRIVEN by @advantEdge_vc , @KunalKhattar speaks with @Sandeep_Divakr , Co-Founder & CEO, @exponent_one , on charging, commercial EVs, infrastructure gaps and building for India.

Watch here: https://t.co/u4Zar2puE3

[AdvantEdge @advantEdge_vc]

India’s EV transition is no longer just a climate goal, it is a strategic autonomy imperative.
@KunalKhattar writes, for @YourStoryCo, on why global energy volatility must accelerate India’s commercial-first electrification push.
Read here: https://t.co/HxePMUIZjE

[AdvantEdge @advantEdge_vc]

People still think EV = cars.
In India, it’s really 2W, 3W & fleets – plus the infra + financing around them.

Capital isn’t the constraint anymore. Execution is.

A grounded take by @kunalkhattar, in conversation with Sandhya Bharti from @IStartupTimes.

[Indian Startup Times @IStartupTimes]

From Operator to Investor: Kunal Khattar on Building India’s EV-First Future

Read More: https://t.co/VweuZKAARO

[AdvantEdge @advantEdge_vc]

In the latest Driven by AdvantEdge episode, @KunalKhattar speaks with @Arun_Vinayak_S of @ExponentEnergy on what it takes to build charging infrastructure that is fast, reliable, and commercially viable for India’s EV future.

Watch here: https://t.co/imygioMMmH

[AdvantEdge @advantEdge_vc]

In conversation with @govindethiraj, @KunalKhattar explains why India’s EV transition is much bigger than vehicle replacement and a large long-term economic opportunity.
https://t.co/s25p31iViN

[AdvantEdge @advantEdge_vc]

From building India’s first internet giant to shaping how the nation travels – Mr @deepkalra has seen India’s startup story evolve over the years.

In this fireside, he reflects on the lessons, longevity, and leadership of building enduring companies in a fast-changing ecosystem.

[AdvantEdge @advantEdge_vc]

From minerals to mobility – India’s EV supply chain is powering a new era.

A deep dive into how localization, innovation, and collaboration are reshaping India’s global competitiveness in the EV ecosystem.

#EVMadeInIndia #SupplyChain #DrivenByAdvantEdge #AdvantEdgeSummit2025