🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

Startup Showcase

Premium Content

Try our Valuation Calculator →

News on Medial

EV Charging Aggregator ElectricPe Nets $3 Mn From Existing Investors

Inc42 · 1y ago

ElectricPe, a leading provider of electric vehicle (EV) charging solutions, has secured new funds to support its growth and innovation efforts. The capital injection will help the company expand its services to new geographic locations and strengthen its position as a comprehensive solution for EV users. ElectricPe currently operates over 25,000 public EV chargers.

Related News

ElectricPe raises $3 million funding from Green Frontier Capital, others

Economic Times

Economic Times · 1y ago

ElectricPe raises $3 million funding from Green Frontier Capital, others

Bengaluru-based startup ElectricPe has secured $3 million in a funding round led by Green Frontier Capital. The company aims to strengthen its position as an EV-charging aggregator and expand to new locations. ElectricPe recently partnered with Google to map EV charging stations in India. Meanwhile, logistics firm FastBeetle has raised ₹3 crore in funding led by KM Trans group. The funds will be used to expand its last-mile delivery service and enter a new Line Haul business vertical. Existing investors, including Saurabh Mittal and Nepra Group, also participated in the round.

GFC leads $3 Mn round in EV charging startup ElectricPe

Entrackr

Entrackr · 1y ago

GFC leads $3 Mn round in EV charging startup ElectricPe

Electric vehicle super-app ElectricPe has raised $3 million in pre-Series A round led by Green Frontier Capital along with participation from its existing investors Blume Ventures, Micelio Fund, and NB Ventures. The Bengaluru-based company had previously raised $5 million in pre-Series A round from its existing investors. The fresh funds will be used for growth, innovation initiatives, and expansion to new geographic locations, ElectricPe said in a press release. Co- founded in May 2021 by Avinash Sharma and Raghav Rohila, ElectricPe is a full-stack super – app that allows users to identify, access and pay for EV charging points regardless of their charging type. The platform’s multi-brand stores present prospective buyers with a wide range of E-2 wheelers to choose from while also offering users EV financing, servicing and subscription plans. Recently, ElectricPe collaborated with Google which enables users across India to view the availability and status of charging points in real-time. ElectricPe says that it operates in more than 25,000 public chargers and claims to have captured over 15% of the market share of all personal EV 2-wheeler sales in Bengaluru within 8 months. ElectricPe may directly or indirectly compete with other startups in this space such as e-Amrit, Statiq, PlugShare and others. Green Frontier Capital is an early-stage VC fund and backed some of the prominent startups like Battery Smart, BluSmart Mobility, E-Motorad, Nutrifresh amongst others.

Two generative AI firms, two others secure early-stage funding

VCCircle

VCCircle · 1y ago

Two generative AI firms, two others secure early-stage funding

Gnani.ai, Vitra.ai, Meragi, and ElectricPe have all secured early-stage funding. Gnani.ai, a voice-first generative AI company, raised Rs 30 crore ($4 million) in a Series A round led by Info Edge Ventures. Vitra.ai, specializing in advanced language translation solutions powered by generative AI, received funding from IIFL Fintech Fund. Meragi, a wedding services startup, raised $9.1 million in its Series A round led by Accel. ElectricPe, a full-stack super app for EV charging, secured $3 million in a pre-Series A round led by Green Frontier Capital. These funds will support business growth and expansion efforts.

Vidyut Nets $10 Mn From 3one4 Capital, Others To Venture Into EV Insurance, Resale Space

Inc42 · 1y ago

Vidyut Nets $10 Mn From 3one4 Capital, Others To Venture Into EV Insurance, Resale Space

Indian commercial electric vehicle (EV) financing startup, Vidyut, has raised $10 million in a Series A funding round led by 3one4 Capital. The round consisted of both equity and debt investments from existing and new investors, including Zephyr Peacock and Udaan CEO Sujeet Kumar. Vidyut plans to utilise the funds to expand its business and enhance its offering as a full-stack EV enabler, including services such as EV insurance, vehicle lifecycle management and EV resale. Vidyut aims to be present in 40 Indian cities within the next year and expand its OEM partnerships.

Google partners with ElectricPe to bring EV charging stations to Google Maps in India

Entrackr

Entrackr · 1y ago

Google partners with ElectricPe to bring EV charging stations to Google Maps in India

Search giant Google has partnered with Indian startup ElectricPe toenhance the EV charging experience. This collaboration will allow Google Maps users across India to view the availability and status of charging points in real-time, enabling better journey planning and reducing range anxiety. This feature will be live on both Google Maps and Google Search and it will be expanded to other regions. EV charging aggregation platform ElectricPe has raised $8.29 million till to date from Blume Ventures and others. Co- founded in May 2021 by Avinash Sharma and Raghav Rohila, ElectricPe connects users to charging points across India. Using its app, users can scan the QR code and charge their vehicles, and complete the payment as well. The company had partnered with Hero Electric to set up charging points in apartments, commercial complexes and other establishments across India. The Bengaluru-based company claims that it operates over 25,000 public chargers in Bengaluru, making it the largest network in the city. According to market research, India is projected to have over 5 million public charging stations by 2030. Recently,Google announced that it slashed the pricing of Google Maps platform for developers in India by as much as 70% from August 1. The steep slash in pricing follows Aggarwal’s appeal to Indian startups to use local alternatives such as Ola Maps.

LetsTransport Nets $22 Mn To Fuel Its Logistics Solutions Offerings

Inc42 · 1y ago

LetsTransport Nets $22 Mn To Fuel Its Logistics Solutions Offerings

Bengaluru-based trucking aggregator startup LetsTransport has raised $22 million in a Series E funding round led by existing investor Bertelsmann India Investments. Other investors included Rebright Partners, NB Ventures, ALES Global, Stride Ventures, and CAC Capital. LetsTransport plans to use the funding to expand its market presence and accelerate its growth goals of aggregating India's fragmented truckers. The company offers last-mile tech-logistics solutions for intra-state deliveries and counts Flipkart, Coca-Cola, and Amazon among its clients. In the previous funding round, LetsTransport raised $25 million led by Bertelsmann India.

EV infra startup Bolt.Earth raises $20 Mn

Entrackr

Entrackr · 1y ago

EV infra startup Bolt.Earth raises $20 Mn

EV infrastructure and software company Bolt.Earth has raised $20 million in funding from investors including Union Square Ventures and Prime Venture Partners. The funding will be used for expanding the company's charging network, enhancing its products, developing its operating system, and expanding internationally. Bolt.Earth offers charging solutions for a wide range of needs and claims to have deployed over 30,000 EV charging points. The company plans to expand its business in Asia, Europe, South America, and Latin America. In the first nine months of 2023, the EV startup sector saw nearly 40 deals worth $631 million in funding.

BluSmart raises $24 Mn from existing investors, founders and leadership team

Entrackr

Entrackr · 1y ago

BluSmart raises $24 Mn from existing investors, founders and leadership team

BluSmart Mobility, an EV ride-hailing service, has raised $24 million in a recent equity round. The funding round included participation and oversubscription from existing investors, founders, and the leadership team. BluSmart aims to expand its zero ride denials, on-time service, and clean mobility to more areas. The company currently operates in Delhi-NCR and Bengaluru and plans to increase its fleet size to nearly 8,000 EVs across these regions by next year. BluSmart claims to own and operate over 4,000 EV chargers across 34 charging hubs.

Alt Mobility bags $10 mn Series A cheque from Eurazeo, others

VCCircle

VCCircle · 8m ago

Alt Mobility bags $10 mn Series A cheque from Eurazeo, others

Alt Mobility, an electric vehicle (EV) leasing and lifecycle management firm based in India, has raised $10 million in a Series A funding round. The investment was led by European venture capital firm Eurazeo, along with participation from existing investors Shell Ventures, EV2 Ventures, and Twynam. Alt Mobility currently operates a fleet of 10,000 electric vehicles across 20 Indian cities and plans to expand its fleet to 30,000 vehicles by March 2026. The company offers leasing, insurance, maintenance, and charging services for EV fleet operators and individual drivers.

NewSpace Nets $52 Mn Funding For Defence Innovation

Inc42 · 1y ago

NewSpace Nets $52 Mn Funding For Defence Innovation

Indian drone manufacturer, NewSpace Research & Technologies (NRT), has raised $52 million in a bridge round, with over 40% of the investment coming from existing investors. The round consists of $33 million in equity from marquee investors and $19 million in debt from SBI's startup hub and SIDBI. NRT aims to become a unicorn within five years, and has delivered a swarming system to the Indian defence ministry and set a global record for highest altitude flight in a multirotor system. The company plans to expand its portfolio globally, with a focus on Japan, the Middle East, and the US.

Trackers

Active Indian VC’s

OG Capital Email

With a hands-on approach, OG Capital aims to invest in over 20 promising...

Accel Partners Email

Early and growth-stage investments in disruptive technology companies with...

Early-stage venture capital firm investing in technology startups in India. Focus on...

Access All Trackers

Startup Showcase Winners

June 2025

Helping your parents when you are miles away

The Pit Stop Your Cravings Deserve

The next generation E-commerce platform

Enter Ongoing Startup Showcase

Top Users

Trending News on Medial

Download the medial app to read full posts, comements and news.