Chargeup funding, investors and company details
Chargeup is an emerging Automobile - EV startup from New Delhi, working in the space of Electric vehicle technology platform focused on building sustainable solutions for India’s rapidly expanding electric mobility ecosystem.. Founded by Varun Goenka, Arun Madan, Satish Mittal.
- Company: E-Chargeup Solutions Private Limited
- Sector: Automobile - EV
- Location: New Delhi
- Founders: Varun Goenka, Arun Madan, Satish Mittal
- Total funding raised: ₹96.95 Cr
Company overview
Chargeup is an electric vehicle technology platform founded in 2019, focused on building sustainable solutions for India’s rapidly expanding electric mobility ecosystem. With a mission to empower drivers, OEMs, and financial institutions, Chargeup delivers technology-led asset management and financing solutions that support the large-scale adoption of EVs. The company operates a battery-swapping and EV services platform, with a primary focus on the three-wheeler segment that underpins urban transportation in India. Its offerings include AI-driven financing, real-time asset tracking, and operational support, helping drivers increase earnings while improving vehicle safety and utilization. Chargeup has scaled its operations across more than 16 cities and 180+ pincodes, building a strong dealer and partner network. Through customized leasing and financing models, the platform addresses key barriers faced by gig workers and auto drivers who depend on electric vehicles for their livelihoods.
Funding rounds
- Latest round: ₹22.00 Cr. ($ 2.55 Mn), 2026-01-22. Investors: Cap-A
- Past round (Pre Series A): $ 7.00 Mn (₹56.95 Cr.), 2022-11-17. Investors: Ekta Kapoor, Sunil Kalra, Sachin Mehra, Capital A, Anicut Capital
- Past round (Series A): ₹18.00 Cr. ($ 2.38 Mn), 2022-02-23. Investors: Aman Gupta (Boat), Anicut Capital, Sameer Mehta (Boat), Tiger Shroff, Shraddha Kapoor