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GoBOLTAI: Delivering Express Supply Chain!

Updated: 7 days ago

Updated: June 25


Introduction to GoBOLTAI


GoBOLTAI is an Indian startup who mainly focuses on artificial intelligence-powered electric vehicle (EV) charging infrastructure and smart mobility solutions. This company established in 2021 by engineers and

sustainability champions, GoBOLTAI is dedicated to driving India's shift toward electric mobility by powering intelligent networks of chargers.


goboltai

What They Do and Why It Matters


GoBOLTAI creates AI-driven EV charging stations which maximize energy delivery and minimize charging time. Through the integration of renewable energy sources and real-time data, their products maximize grid stability and encourage green mobility.


Financial Snapshot


GoBOLT, a logistics startup, reported a revenue of ₹275 crore in FY22. This revenue surge by 39.9% from ₹196.7 crore in FY21. The company also maintained profitability in FY22, reaching the Rs 275 crore revenue mark. GoBOLT's total funding raised is $25.46 million across 3 funding rounds, with the last round on July 2, 2021. 


Institutional Support and Future Prospects


GoBOLT, a tech-enabled logistics firm, faces challenges like integrating with a fragmented transportation market and managing returns effectively. However, it is also experiencing growth through sustainable initiatives, innovative technology like LaunchPad, and a focus on electric vehicle deliveries, supply chain.  Company has benefited from government policies that support EV adoption and has collaborated with local municipalities to install charging stations. In light of the Indian government's electric mobility push, GoBOLTAI is likely to experience explosive growth over the next few years.


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