ChargeZone funding, investors and company details

ChargeZone is an emerging Automobile - EV startup from Vadodara, working in the space of Electric Vehicle (EV) Charging Infrastructure. Founded by Kartikey Hariyani.

Company: TecSo Charge Zone Private Limited
Sector: Automobile - EV
Location: Vadodara
Founders: Kartikey Hariyani
Total funding raised: ₹602.16 Cr

Company overview

ChargeZone is a technology-driven electric vehicle (EV) charging infrastructure company focused on building and operating a nationwide network of smart, high-speed EV charging stations across India to support both B2B (fleet and enterprise) and B2C (retail EV owner) charging needs. It leverages integrated software and hardware systems, including cloud-based network management and app-based real-time monitoring, to deliver efficient and reliable charging services via strategically located AC and DC fast chargers on highways, in cities, and at transit hubs. ChargeZone’s offerings include dedicated stations, opportunity-based charging, smart-grid compatibility, and interoperable roaming partnerships with other network operators, aiming to accelerate EV adoption, reduce emissions, and support the transition to sustainable mobility — with a long-term vision to deploy one million charging points nationwide by 2030.

Funding rounds

Latest round: $ 19.00 Mn (₹158.50 Cr.), 2024-05-01. Investors: British International Investment (BII)
Past round: Undisclosed Amount, 2023-12-13. Investors: Macquarie Capital
Past round (Series A): $ 54.00 Mn (₹443.66 Cr.), 2023-03-20. Investors: BlueOrchard Finance