Amount Raised
$54 Million
Round Type
Funding Round
IndiaAutomotiveElectric VehicleMotor Vehicle ManufacturingDescription
Electric vehicle charging infra platform CHARGE+ZONE on Monday announced raising $54 million (Rs 450 crore) in Series A1 funding round led by global impact investment management firm BlueOrchard Finance. Additionally, the company plans to raise $75-100 million in equity as part of Series A2 during 2023-2024, CHARGE+ZONE said in a statement. The current Series A1 funding round is part of the planned capex investment of $300 million, as the company expects crucial growth for the electric four-wheeler segment over the next 4-5 years, the statement said. The freshly raised capital, which is a combination of both debt and equity, will be utilised to support high-speed charging network expansion plans, the company said
Quick answer
ChargeZone raised $54 Million in a Funding Round round, dated March 24, 2023. ChargeZone is based in India.
- How much did ChargeZone raise?
- ChargeZone raised $54 Million in a Funding Round round on March 24, 2023.
- What does ChargeZone do?
- ChargeZone is an electric vehicle charging network with more than 15,000 charging points across India.
- Where is ChargeZone based and how big is it?
- ChargeZone is based in India. Fundz records about 150 employees.
- Who are the decision-makers at ChargeZone?
- Fundz holds 1 contact at ChargeZone. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Automotive and Electric Vehicle around the same time
Companies in the same sectors as ChargeZone that raised within 45 days of this round, from Fundz verified event records.
- Inbalance grid raised $1.4M (Seed) on March 5, 2023.
- STELLA™ Automotive AI raised $4M (Seed) on May 4, 2023.
- Arbe raised an undisclosed amount (Corporate Round) on April 27, 2023.
- Kate raised $7.6M (Funding Round) on April 20, 2023.
- Arris Composites, Inc. raised $30M on April 14, 2023.
- AutoLeap raised an undisclosed amount (Series B) on April 11, 2023.
Who to call at ChargeZone, and when
A new round usually means ChargeZone is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day ChargeZone raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at ChargeZone, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at ChargeZone. With Fundz connected, it knows.
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Fundz sees it the moment ChargeZone raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
ChargeZone raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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