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Zenergize Raises $4 Million Pre-Series A

Indian EV charger maker secures Pre-Series A funding led by Giraffe Studios.

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1 Source, 29d ago, first seen 29d ago

TLDR

Inc42 reported that Zenergize, an Indian EV charger and inverter maker, has raised $4 million in its Pre-Series A round. The round was led by Giraffe Studios with participation from prominent angel investors and existing backers. The company plans to use the capital to expand. The details appeared in a post from the Indian startup ecosystem outlet and a linked article on its site summarizing the same funding event.

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1 Source, first seen 29d ago

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Combined views

924

1 Source, first seen 29d ago

2 likes2 reposts

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1 Source

@Inc42🚗 Clean tech startup Zenergize is raising the charge on India’s EV ecosystem! ⚡ The EV charger maker has raised $4 Mn (nearly ₹38 Cr) in its Pre-Series A round, led by Giraffe Studios, with participation from a host of prominent angel investors and existing backers. Zenergize plans to use the fresh capital to expand production capacity, scale R&D and strengthen its sales and servicing team across India. The startup currently produces around 2,000 inverters and 30–40 chargers a month and plans to take its production capacity to 8,000–10,000 inverters and 70–100 DC chargers a month across its Parwanoo and upcoming Delhi NCR facilities. It is also working on hybrid inverters, which cofounder Navneet Daga believes could see strong market traction over the next 12 months. 🔗 To read the full story, click here: https://4-2.co/4x13hS6 #EV #ElectricVehicles #EVChargers #CleanTech #StartupFunding #IndianStartups #Inc42 #News
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    1 Source

    @Inc42🚗 Clean tech startup Zenergize is raising the charge on India’s EV ecosystem! ⚡ The EV charger maker has raised $4 Mn (nearly ₹38 Cr) in its Pre-Series A round, led by Giraffe Studios, with participation from a host of prominent angel investors and existing backers. Zenergize plans to use the fresh capital to expand production capacity, scale R&D and strengthen its sales and servicing team across India. The startup currently produces around 2,000 inverters and 30–40 chargers a month and plans to take its production capacity to 8,000–10,000 inverters and 70–100 DC chargers a month across its Parwanoo and upcoming Delhi NCR facilities. It is also working on hybrid inverters, which cofounder Navneet Daga believes could see strong market traction over the next 12 months. 🔗 To read the full story, click here: https://4-2.co/4x13hS6 #EV #ElectricVehicles #EVChargers #CleanTech #StartupFunding #IndianStartups #Inc42 #News
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