Ahmedabad/Vadodara, April 2025 – ChargeZone, one of India’s fastest-growing EV infrastructure startups, has announced plans to invest ₹300–400 crore in FY26 to scale its charging network and double down on its company-owned operations. The move comes as the company cements its position as India’s largest EV charging platform with over 13,500 charging stations nationwide.
This milestone was achieved through strategic OCPI-based roaming partnerships with top charge point operators including Statiq, Pulse, Chargemod, ElectreeFi, and Ennovator — enabling interoperability across 70% of India’s EV user base through a single app.
“We’re building the digital backbone of India’s EV ecosystem,” said Kartikey Hariyani, Founder & CEO. “Our goal is to deliver electricity the way gas stations delivered fuel — fast, reliable, and everywhere.”
Backed by Capital, Driven by Tech
Founded in 2019, ChargeZone has already invested ₹400 crore into its proprietary software platform ChargeCloud and infrastructure across highways and urban areas. Supported by Macquarie Capital, British International Investment, and a ₹300 crore debt facility from SBI and others, the company is also planning a Series B round this year. Out of 13,500 chargers, 5,400 are company-owned, giving ChargeZone strong control over service quality. The platform now supports over 8,000 vehicles daily, with monthly energy sales crossing 10GWh.
Fast, Scalable, Future-Ready
The network includes AC chargers (3.3kW–10kW) and DC fast/super-fast chargers (30kW–1.2MW), catering to personal EVs, fleets, buses, and trucks.
With 30% QoQ growth in charger usage, ChargeZone is bullish on India’s EV future — especially in commercial mobility. “EV adoption is already happening — we’re just scaling the infrastructure to meet it,” said Hariyani.
ChargeZone aims for a 50% YoY growth rate, with plans to expand deeper into the B2B, inter-city, and logistics sectors, where energy demand is soaring.
