About Charge Zone
Charge Zone is a company based in Vadodara (India) founded in 2018 by Devbrat Hariyani, Kinnari Hariyani, and Kartikey Hariyani.. Charge Zone has raised $97.79 million across 11 funding rounds from investors including Macquarie Group, Mumbai Angels and Venture Catalysts. Charge Zone operates in a competitive market with competitors including ChargePoint, Bolt.Earth, ChargeNet Holdings, EVRE and Charzer, among others.
- Headquarter Vadodara, India
- Founders Devbrat Hariyani, Kinnari Hariyani, Kartikey Hariyani
- Stage Minicorn
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Sectors
Transportation, Automotive & LogisticsEnergy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Tecso Charge Zone Private Limited
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$97.79 M (USD)
in 11 rounds
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Latest Funding Round
$19 M (USD), Series A
Apr 30, 2024
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Investors
Macquarie Group
& 197 more
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Employee Count
Employee Count
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Funding Insights of Charge Zone
Charge Zone has successfully raised a total of $97.79M across 11 strategic funding rounds. The most recent funding activity was a Series A round of $19 million completed in April 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 11
- Last Round Series A — $19.0M
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First Round
First Round
(23 Sep 2019)
- Investors Count 198
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2024 | Amount | Series A - Charge Zone | Valuation | British International Investment |
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| Aug, 2023 | Amount | Series A - Charge Zone | Valuation | Macquarie Group | |
| Mar, 2023 | Amount | Debt – Convertible - Charge Zone | Valuation | BlueOrchard |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Charge Zone
Charge Zone has secured backing from 198 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Macquarie Group, Mumbai Angels and Venture Catalysts. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office services are provided for Nisa Godrej.
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Founded Year | Domain | Location | |
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Startups are funded and advised by Geodesic Holdings.
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Founded Year | Domain | Location | |
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Debt and equity investments are managed by this private fund.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Charge Zone
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Charge Zone
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Charge Zone Comparisons
Competitors of Charge Zone
Charge Zone operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ChargePoint, Bolt.Earth, ChargeNet Holdings, EVRE and Charzer, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-enabled EV charging stations are operated for diverse sectors.
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| domain | founded_year | HQ Location |
EV charging hardware, software, and maintenance services are offered.
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| domain | founded_year | HQ Location |
SaaS and AI-enabled platform offering electric vehicle charging and management solutions
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| domain | founded_year | HQ Location |
Electric vehicle charging solutions are offered via an integrated platform.
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| domain | founded_year | HQ Location |
Provider of end-to-end EV charging management solutions
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Charge Zone
Frequently Asked Questions about Charge Zone
When was Charge Zone founded?
Charge Zone was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Charge Zone located?
Charge Zone is headquartered in Vadodara, India. It is registered at Vadodara, Gujarat, India.
Who is the current CEO of Charge Zone?
Kartikey Hariyani is the current CEO of Charge Zone. They have also founded this company.
Is Charge Zone a funded company?
Charge Zone is a funded company, having raised a total of $97.79M across 11 funding rounds to date. The company's 1st funding round was a Debt – Convertible of $8M, raised on Sep 23, 2019.
What does Charge Zone do?
Charge Zone was founded in 2018 in Vadodara, India, within the electric vehicle infrastructure sector. Hardware and software solutions for charging stations are offered, along with energy management and fleet charging services. An application and RFID cards are provided for user access to the network. Operations focus on supporting EV adoption through integrated platform services across India.
Who are the top competitors of Charge Zone?
Charge Zone's top competitors include Bolt.Earth, ChargePoint and ChargeNet Holdings.
Who are Charge Zone's investors?
Charge Zone has 198 investors. Key investors include Macquarie Group, Mumbai Angels, Venture Catalysts, Authum Investment & Infrastructure, and Capri Loans.
What is Charge Zone's valuation?
The valuation of Charge Zone is $60M as of Aug 2023.