Kazam EV Tech raised $8 million in a funding round led by Vertex Ventures to enhance its tech and product teams and expand market presence.

Aug 12, 2024•over 1 year ago

Amount Raised

$8 Million

BengaluruElectric VehicleTransportationSoftware

Investors

Alteria CapitalAvaana CapitalVertex Ventures

Description

Kazam EV Tech, which specializes in EV charging solutions, successfully raised $8 million in a recent funding round led by Vertex Ventures, with participation from existing investors including Avaana Capital and Alteria Capital. The funds will be utilized to strengthen its technology and product teams, expand offerings, and grow its market reach.

Company Information

Company

Kazam EV Tech

Location

Bengaluru, Karnataka, India

About

Kazam EV Tech is an EV charging startup that provides a variety of charging products and services for electric vehicles. Founded in 2020 by Akshay Shekhar and Vaibhav Tyagi, the company aims to enhance the EV charging infrastructure in India. Kazam offers solutions including charging stations for homes and businesses, along with software for fleet and charging management. With a mission to support the growing adoption of EVs, Kazam is positioned as a critical player in developing a reliable charging network.

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