Kazam funding, investors and company details

Kazam is an emerging Automobile - EV startup from Mumbai, working in the space of EV charging software platform. Founded by Akshay Shekhar, Vaibhav Tyagi.

Company: Kazam Ev Tech Private Limited
Sector: Automobile - EV
Location: Mumbai
Founders: Akshay Shekhar, Vaibhav Tyagi
Total funding raised: ₹134.32 Cr

Company overview

Kazam is an EV charging software platform that was founded in 2020 with the goal of enabling widespread access to intelligent and reasonably priced charging. Its technology helps speed up the transition to clean mobility by supporting a broad range of vehicles, including city buses, commercial EVs, two- and three-wheelers, and more. With a quickly growing footprint, Kazam has already powered more than 25,000 charging stations throughout India. By fusing dependable infrastructure with strong software, it has created one of the biggest EV charging networks in the nation.

Funding rounds

Latest round (Series B): $ 6.20 Mn (₹53.13 Cr.), 2025-06-23. Investors: International Finance Corporation (IFC)
Past round (Series B): $ 6.00 Mn (₹51.42 Cr.), 2025-06-10. Investors: Vertex Ventures, Avaana Capital, Chakra Growth Capital
Past round: $ 3.60 Mn (₹29.76 Cr.), 2023-05-03. Investors: WFC (We Founder Circle), Inflection Point Ventures (IPV)