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Kazam has raised $6.2 million in a Series B funding round led by IFC to scale energy infrastructure for EVs. Vertex Ventures and Avaana Capital also participated in this round.

PRIVATEJun 23, 2025

Amount Raised

$6.2 Million

Round Type

Series B

BengaluruSoftwareTransportationElectric Vehicle

Investors

Avaana CapitalVertex Ventures Southeast Asia And IndiaInternational Finance Corporation

Description

Kazam EV Tech Pvt Ltd has secured $6.2 million in Series B funding from International Finance Corporation (IFC), along with Vertex Ventures and Avaana Capital. With this round, Kazam aims to expand its electric vehicle charging and battery swapping solutions. The investment is expected to bolster the electric mobility ecosystem in India. Kazam has seen substantial growth, with a revenue increase to $6 million in FY25.

Quick answer

Kazam EV Tech raised $6.2 Million in a Series B round, dated June 23, 2025. Investors: Avaana Capital, Vertex Ventures Southeast Asia And India and International Finance Corporation. Kazam EV Tech is based in Bengaluru, Karnataka, India.

How much did Kazam EV Tech raise?
Kazam EV Tech raised $6.2 Million in a Series B round on June 23, 2025.
Who invested in Kazam EV Tech?
Avaana Capital, Vertex Ventures Southeast Asia And India and International Finance Corporation are named as investors in this round.
What does Kazam EV Tech do?
Kazam EV Tech is an EV charging startup that provides a variety of charging products and services for electric vehicles.
Where is Kazam EV Tech based and how big is it?
Kazam EV Tech is based in Bengaluru, Karnataka, India. Fundz records about 154 employees.
Who are the decision-makers at Kazam EV Tech?
Fundz holds 1 contact at Kazam EV Tech. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Transportation and Electric Vehicle around the same time

Companies in the same sectors as Kazam EV Tech that raised within 45 days of this round, from Fundz verified event records.

  • Empery Digital Inc. raised $500M (Post-IPO Equity) on July 21, 2025.
  • Empery Digital Inc. raised $501M on July 17, 2025.
  • Al Seer Marine raised $56M (Funding Round) on July 9, 2025.
  • Yulu raised $3M (Series B) on July 8, 2025.
  • Rivian Automotive raised $1B on July 2, 2025.
  • Pallet raised $27M (Series B) on May 27, 2025.

Who to call at Kazam EV Tech, and when

A new round usually means Kazam EV Tech is about to hire and buy. The teams that reach out first get the meeting.

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  • The decision-makers there, with verified emails
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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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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Kazam EV Tech raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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