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ChargeZone

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Provides a hassle free and reliable charging services for all types of Electrical Vehicles

Vadodara, IndiaFounded 2018Transportation
Valuation $100–250M Last recorded · 2024
Headcount 100–500 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for ChargeZone and the history behind them.

About ChargeZone

ChargeZone is a pioneering startup in the e-mobility sector, leading the charge in India's transition to electric vehicles (EVs). The company's primary focus is on building a robust, high-speed public charging infrastructure across the country. This infrastructure is designed to support the growing number of EVs on the road, providing a seamless and user-friendly charging experience for drivers.

In addition to physical charging points, ChargeZone offers a range of data and software solutions. These include real-time monitoring of EV charging stations, which allows for efficient management and maintenance of the infrastructure. The company also provides an operating system for EV charging networks, which simplifies the process of charging for both individuals and businesses.

ChargeZone's business model is multifaceted. It generates revenue through the installation and maintenance of charging stations, as well as through the sale of energy as a service. Additionally, the company offers a 'Battery as a Service' model, providing batteries for EVs on a subscription basis. This model allows customers to avoid the upfront cost of a battery, making EVs more affordable.

The company also offers solutions for large fleets, including electric buses and passenger cars, providing fast charging systems to meet their specific needs. Customer feedback suggests that ChargeZone's services are reliable and easy to use, contributing to a hassle-free EV charging experience.

In summary, ChargeZone is a forward-thinking startup that is playing a crucial role in India's e-mobility revolution. It serves a diverse range of clients, from individual EV drivers to large fleet operators, and has a robust business model that capitalizes on the growing demand for EV charging infrastructure and services.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2018
Headquarters
Vadodara, India
Employees
188
Open positions
None listed
Dealroom signal
92.5/100
Industry
Energy, Transportation
Sub-industry
Oil & Gas, Maintenance
Sector
Transportation, Hard Tech
Technology
IoT InternetOfThings
Business model
Manufacturing
Client focus
b2b

Funding history

9 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VCOther financing Apr 2024 $19M $230M British International Investment ↗
EARLY VCOther financing Dec 2023 $0 — Macquarie ↗
Showing the latest 2 of 9 recorded eventsBook a demo for the full funding history →

Growth signals

ChargeZone website traffic

Latest recorded traffic for ChargeZone is 1.8K monthly website visits, up 106.9% over the last three months. ChargeZone's team grew 13.3% over the past year.

Latest monthly visits1.8K 3-month web change+106.9% 1-year team growth+13.3%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

7 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A7 investors entered at this stage

  • Mumbai Angels
  • Keiretsu Forum
  • Venture Catalysts
  • Ramakrishnan K
  • BlueOrchard Finance
  • Macquarie
  • British International Investment
Team profiled 6 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
4 countries with
team presence
🇮🇳 India96.8%
🇨🇦 Canada0.8%
🇦🇪 United Arab Emirates0.8%
🇸🇬 Singapore0.8%
4 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about ChargeZone on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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