ElectricPe Raises USD 3 Million for EV Charging Expansion
Jul 30, 2024 13:07
ElectricPe, an EV charging aggregator, secures USD 3 million in funding led by Green Frontier Capital to expand its services and reach new markets.
New Delhi, Jul 30 (PTI) EV-charging aggregator startup ElectricPe has raised USD 3 million (about Rs 25 crore) in a funding round led by Green Frontier Capital.
The funding round saw participation from existing lead investors Blume Ventures, Micelio Fund and NB Ventures.
"This investment will help ElectricPe to solidify its position as a comprehensive solution for EV users and expand to new geographic locations," a company statement said.
The Bengaluru-based startup has recently collaborated with Google to map EV charging stations in India.
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FastBeetle raises Rs 3 crore
* Logistics startup FastBeetle has raised Rs 3 crore in a funding round led by Jaipur-based angel investor KM Trans group.
The latest round saw participation from existing investors Saurabh Mittal, Sandeep Patel Nepra of Nepra Group and Vikram Sanghvi.
The fresh capital will be used towards expansion of the J&K-based startup's last-mile delivery service, and support its entry into a new Line Haul business vertical, a company statement said.
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