About ChargeEZ
ChargeEZ is a Transportation, Automotive & Logistics company based in Bengaluru (India) founded in 2022 by Prashant Chandrasekaran. It operates as a network of electric vehicle charging stations and solutions. It operates in the Transportation, Automotive & Logistics and Energy & Utilities sectors. The company has 122 employees. Its Indian entity Valetez Services Private Limited reported revenue of ₹10.96 Cr. ChargeEZ offers products and services including Standard Charging, Fast Charging, Regular AC Charging, ChargeEZ Lite, and Fast AC and DC Charging. Its focus areas include Energy Tech, Electric Vehicles, Charging Solutions and Station Network. Its competitors include ChargePoint, Bolt.Earth, Charge Zone, ChargeNet Holdings and Esyasoft and 3 more; 8 of its 8 listed competitors have raised funding.
Company details
ChargeEZ was founded in 2022 in Bengaluru, India, within the electric vehicle infrastructure sector. A network of charging stations is maintained for businesses, fleets, and individual drivers. Standard and fast charging options are available, supported by payment systems that include per-use fees and subscription plans. Installations for homes, workplaces, and public sites are provided, along with a smart management system for operational efficiency.
- Headquarters Bengaluru, India
- Employees 122
- Founders Prashant Chandrasekaran
- SectorsTransportation, Automotive & LogisticsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website chargeez.in
- Social LinkedIn X Facebook
- Legal Name Valetez Services Private Limited
- Date of Incorporation 24 Mar, 2016
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹10.96 Cr
FY 2024 · +84% YoY
- Net Loss-₹66.8 Lakh
FY 2024 · -6% margin
- EBITDA-₹81 Lakh
FY 2024 · -7% margin
- InvestorsAlstom
& 1 more
- Employee Count122
Associated legal entities of ChargeEZ
ChargeEZ operates through Valetez Services Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Valetez Services Private Limited CIN U74900KA2016PTC087206 | Active | 24 Mar 2016 | Bangalore, Karnataka | ₹11.0 Cr | 122 | 3 | View details |
Products & Services of ChargeEZ
ChargeEZ offers a comprehensive portfolio of products and services, including Standard Charging, Fast Charging, Regular AC Charging, ChargeEZ Lite, and Fast AC and DC Charging.
Offers basic charging for electric vehicles with pay-per-use options.
Provides quick charging solutions for efficient vehicle powering.
Delivers cost-effective AC charging for everyday use.
Enables easy AC and DC charging for four-wheelers.
Supports rapid charging with smart management systems.
Funding Insights of ChargeEZ
- Total Rounds 1
- Investors Count 2
All 1 funding rounds of ChargeEZ with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
2 investors in total: 2 institutional.
Investors in ChargeEZ
ChargeEZ has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Alstom and NSRCEL.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Incubation and support services for startups in technology, innovation, and social impact in India. | 2000 | nsrcel.org | Bengaluru, India | |
Hardware products and services for the railway sector are supplied. | 1928 | alstom.com | Saint Ouen, France |
Investor details for ChargeEZ
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Valetez Services Private Limited (ChargeEZ)
Valetez Services Private Limited is the primary company behind ChargeEZ. The board of Valetez Services Private Limited currently have 3 directors; the longest-serving is Prashant Chandrasekaran, appointed in 2016.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Prashant Chandrasekaran DIN 07480673 | Director | 24 Mar 2016 | 10 yrs 6 mo | Valetez Services Private Limited |
| Vasuta Agarwal DIN 07480674 | Director | 24 Mar 2016 | 10 yrs 6 mo | Valetez Services Private Limited |
| Smit Kant Raturi DIN 03610375 | Director | 24 Mar 2016 | 10 yrs 6 mo | Valetez Services Private Limited |
People of ChargeEZ
1 people are tracked at ChargeEZ (1 in leadership); the tracked headcount is 122.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership |
Complete people profiles for ChargeEZ
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Verified entity values are shown only after access is granted.
Financials of ChargeEZ
Figures of Valetez Services Private Limited, the primary company behind ChargeEZ, for FY 2024. Revenue was ₹10.96 Cr (+84% year on year). Net loss was -₹66.8 Lakh (-6% margin). EBITDA was -₹81 Lakh (-7% margin). Revenue has grown at a compounded annual rate of +104% over three years and +22% over five years.
- ₹10.96 CrRevenue · FY 2024 · +84% YoY
- -₹66.8 LakhNet loss · -6% margin
- -₹81 LakhEBITDA · -7% margin
- ₹4.5 LakhPaid-up capital
- 122Employees (provident fund records)
- +104%Revenue CAGR, 3 years
- +22%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Valetez Services Private Limited are on its company page.
Detailed financial statements for ChargeEZ
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of ChargeEZ
2 dated milestones of ChargeEZ across 1 years, from founding to its latest funding, stage changes and deals.
- Founded ChargeEZ is founded.
- Funding First funding round.
Competitors of ChargeEZ
ChargeEZ has 8 listed competitors in our database, 8 of them funded. They include ChargePoint, Bolt.Earth, Charge Zone, ChargeNet Holdings and Esyasoft, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| chargepoint.com | 2007 | Campbell, United States | $553.62M | 1,650 | Cloud-enabled EV charging stations are operated for diverse sectors. | |
| bolt.earth | 2017 | Bengaluru, India | $29.61M | 134 | EV charging hardware, software, and maintenance services are offered. | |
| chargezone.co.in | 2018 | Vadodara, India | $97.79M | 142 | Electric vehicle charging stations and management software are provided. | |
| chargenetstations.com | 2020 | Los Angeles, United States | $6.2M | 4 | SaaS and AI-enabled platform offering electric vehicle charging and management solutions | |
| esyasoft.com | 2014 | Bengaluru, India | $4.43M | 309 | AI-powered solutions for energy grid modernization are provided. | |
| evre.in | 2017 | Hyderabad, India | $4.81M | 637 | Electric vehicle charging solutions are offered via an integrated platform. | |
| charzer.com | 2020 | Bengaluru, India | $410,773 | 6 | Provider of end-to-end EV charging management solutions | |
| ev-motors.com | 2016 | Delhi, India | $2.48M | – | Electric vehicle charging infrastructure and Lithium-Ion batteries are developed. |
Detailed competitors of ChargeEZ
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Electric & Green Mobility
10 companies that operate in the same segment as ChargeEZ (Electric & Green Mobility), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric kick-scooters are rented through an app-based platform. | 2017 | Miami, Florida, United States | USD 765 M | USD 244.66 M | 953 | |
Electric kick-scooters are rented through an app-based platform. | 2017 | San Francisco, California, United States | USD 1.4 B | – | 2,813 | |
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M | – | – | |
Shared electric two-wheelers are rented via an online platform. | 2017 | Bengaluru, Karnataka, India | USD 187.54 M | USD 2.14 M | 251 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.02 M | USD 391.37 M | 1,917 | |
App-based platform offering electric kick scooter rental services | 2018 | Amsterdam, Netherlands | USD 211.85 M | – | – | |
Utility bill management platform is provided for tracking and billing. | 2015 | London, England, United Kingdom | USD 2.81 B | USD 17.62 K | 5,752 | |
Electric vehicles are manufactured and developed by Polestar. | 1996 | Goteborg, Vastra Gotaland, Sweden | USD 550 M | USD 3.06 B | 2,550 | |
Electric buses and charging systems are manufactured for fleets. | 2004 | Burlingame, California, United States | USD 857.79 M | USD 309.36 M | 418 | |
Multi-category electric vehicles are manufactured for diverse applications. | 1999 | Bedford, United States | USD 101.78 M | – | – |
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Frequently Asked Questions about ChargeEZ
ChargeEZ was founded in 2022 and raised its 1st funding round 1 year after it was founded.
ChargeEZ is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
ChargeEZ has 122 employees.
The primary company behind ChargeEZ, Valetez Services Private Limited, reported revenue of ₹10.96 Cr for FY 2024, up 84% year on year.
ChargeEZ was founded in 2022 in Bengaluru, India, within the electric vehicle infrastructure sector. A network of charging stations is maintained for businesses, fleets, and individual drivers. Standard and fast charging options are available, supported by payment systems that include per-use fees and subscription plans. Installations for homes, workplaces, and public sites are provided, along with a smart management system for operational efficiency.
ChargeEZ's top competitors include Bolt.Earth, ChargePoint and Charge Zone.
ChargeEZ offers Standard Charging, Fast Charging, Regular AC Charging, ChargeEZ Lite, and Fast AC and DC Charging.
ChargeEZ operates through Valetez Services Private Limited.
The legal entities of ChargeEZ currently have 3 directors, including Prashant Chandrasekaran, Vasuta Agarwal, Smit Kant Raturi.