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Ionage raises $1.3M in pre-Series A funding led by strategic investors and CXOs to expand EV charging interoperability across India.
Amount Raised
$1.3 Million
Round Type
Series A
IndiaSoftwareElectric VehicleInvestors
Description
Ionage, an AI-enabled energy management platform, has secured $1.3 million in pre-Series A funding to expand its electric vehicle charging network coverage and strengthen interoperability across India's EV charging ecosystem. The funding was led by strategic investors and a consortium of CXOs from global energy and infrastructure companies. Ionage plans to use the capital to expand platform coverage to 100% of active charger networks in India, improve charger discovery and payment capabilities, and help SME charge point operators establish and manage charging stations more efficiently. The company currently operates across more than 70% of India's charging hardware and has onboarded over 25,000 four-wheeler charging points.
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Funding Insights
What this usually meansIonage 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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