Follow us
Charge+Zone aims to raise US$ 125 million in Series A2 by year end
Capital from the Series A2 funding will be used for strategic investment in e-mobility companies, among other things.
5366 Views
Charge+Zone, the Gujarat-based EV charging company, aims to raise US$ 125 million in Series A2 by the end of this calendar year. The company had raised US$ 54 million in Series A1, led by BlueOrchard.
It has also completed the first phase of installing 1,600 plus EV charging stations across 450+ locations, covering more than 15,000 kilometres of highways across the country, and the capital raised from the A2 Series funding will be used for further expansion of its retail network in the state and national highway charging infrastructure. It will also use the capital for product research and development and strategic investment in e-mobility companies.
Kartikey Hariyani, founder and CEO, CHARGE+ZONE said that the fresh round of investments would enable them to achieve their target network size of 5,000 fast chargers on the state and national highways, by 2025.
RELATED ARTICLES
March PV Dispatches Seen Up 10% YoY Amid West Asia Crisis
Autocar Professional Bureau
27 Mar 2026
Domestic passenger vehicle wholesales in March are estimated in the range of 4,20,000-4,35,000 units.
Government Allocates 20% More Commercial LPG to States; Prioritises Auto Sector
Kiran Murali
27 Mar 2026
Earlier, curbs on commercial LPG supplies were introduced to prioritise household consumption.
Cityflo Expands to Delhi NCR and Kolkata, Grows Fleet to Over 1,000 Buses
Sarthak Mahajan
27 Mar 2026
As India's shuttle service sector faces mounting instability, Cityflo has tripled its fleet size and entered two new cit...
