November 19, 2021

  • Daily Motion

ElectricPe EV charging platform raises $3 million in seed funding 

ElectricPe EV charging platform

ElectricPe EV charging platform raises $3 million in seed funding 

ElectricPe an electric vehicle charging platform has raised 3 million dollars in a seed round to develop further its technology platform. It is planning to use the funds to further expansion of its technology platform to make more easy convenient access to charging stations through the ElectricPe App. Read further to know more about ElectricPe EV charging platform. 

The $3 million (Rs 225 crore) funding is led by Blume Ventures and Micelio Fund. Along with that the other group of angel investors such as Anshuman Bapna (Terra. do), Anupam Mittal (Shaadi.com), Arjun Ravi Sheth (partner at Anchorage Capital Partners), Ashish Goel (Urban Ladder), Bhuvan Gupta (OfBusiness), Jasminder Singh (Now floats), Khadim Batti & Vara Kumar (Whatfix), Mukul Rustagi (Class plus), also participated the funding.

The co-founder & CEO, ElectricPe Avinash Sharma said that “Using our proprietary technology and platform approach, we aim to solve for ‘trust’, which an EV user requires when looking for charging services. With rising fuel prices and favourable government incentives, the EV revolution has already begun, and our vision is to enable affordable and clean charging for all. We are taking an eco-system approach by working with all industry stakeholders, thereby making adoption more seamless,”

“With rising fuel prices and favourable government incentives, the EV revolution has already begun, and our vision is to enable affordable and clean charging for all.”

The company expects that India will have more than 5 million public charging stations in the near future as electric vehicles are growing rapidly. It also plans to partner with various companies in the market to install EV charging stations. Their App could be a one-stop solution for people who want to track their vehicle’s charge level and also to locate the nearest charging spot.

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