EV Startup Chargeup Raises INR 22 Cr To Fuel Expansion

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SUMMARY

The funding round was led by IAN Group, with participation from Capital A and existing investors

The fresh funds will support Chargeup to expand into ‘high-demand’ markets and bolster its technology platform for drivers and NBFCs

The startup had last raised $7 Mn in 2023 from Capital A and Anicut Capital to expand its services to 20 new cities and power 50K+ drivers

EV startup Chargeup, which offers battery-as-a-service solutions (BaaS), has raised INR 22 Cr ($2.4 Mn) in a fresh funding round led by IAN Group,…



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EV Startup Chargeup Raises INR 22 Cr To Fuel Expansion


SUMMARY

The funding round was led by IAN Group, with participation from Capital A and existing investors

The fresh funds will support Chargeup to expand into ‘high-demand’ markets and bolster its technology platform for drivers and NBFCs

The startup had last raised $7 Mn in 2023 from Capital A and Anicut Capital to expand its services to 20 new cities and power 50K+ drivers

EV startup Chargeup, which offers battery-as-a-service solutions (BaaS), has raised INR 22 Cr ($2.4 Mn) in a fresh funding round led by IAN Group,…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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