Charge Zone raises $19M to expand high-speed charging network for EVs in India
Apr 30, 2024•over 1 year ago
Amount Raised
$19 Million
Investors
British International Investment
Description
EV startup Charge Zone raised $19 million from a UK development finance institution and impact investor, British International Investment. The funding will be used to expand its high-speed charging network for electric cars, buses, and trucks across main cities in India and highways.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech