
One UJET runs cloud contact centers; the other engineers electric scooters. The quickest way to tell them apart is the address bar.
Swap Energi is an Indonesian e-mobility startup that runs Southeast Asia's largest battery-swapping network for electric motorcycles. Instead of waiting to charge, riders exchange a depleted portable lithium-ion battery for a fully charged one at more than 1,500 stations - a process that takes roughly nine seconds. The company pairs this energy network with its own SMOOT smart electric motorcycles and a rider app, and has raised about US$29 million to electrify Indonesia's fleet of over 125 million two-wheelers.
Varun Jain is a Founding General Partner at SE Ventures, the $1.1B AUM corporate venture capital fund backed by Schneider Electric, where he has spent over a decade investing in AI-led enterprise software startups transforming industry, mobility, and the built environment. Before SE Ventures, he led Qualcomm Ventures' global early-stage practice, backing over 80 companies including Zoom, Cruise Automation, and Matterport. A Kellogg MBA and McCormick Scholar, Jain was named one of GCV's Top 50 Emerging Leaders in both 2021 and 2022.