About Chargeup
Chargeup is a company based in Delhi (India) founded in 2019 by Arun Madan, Satish Mittal, and Varun Goenka. Chargeup has raised $11.97 million across 5 funding rounds from investors including MapmyIndia, Triveni Group and Jiraaf. The company has 79 employees as of March 28, 2024. Chargeup offers products and services including BaaS Platform and Asset Management System. Chargeup operates in a competitive market with competitors including SUN Mobility, Battery Smart, Kazam, Numocity and Pulse Energy, among others.
- Headquarter Delhi, India
- Employees 79 as on 28 Mar, 2024
- Founders Arun Madan, Satish Mittal, Varun Goenka
- 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
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- Legal Name E-Chargeup Solutions Private Limited
- Date of Incorporation 19 Feb, 2019
- Jurisdiction Delhi, Delhi, India
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Annual Revenue
$526.11 K (USD)24.49as on Mar 31, 2023
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Net Profit
-$1.07 M (USD)-186.29as on Mar 31, 2023
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EBITDA
-$397.41 K (USD)-23.27as on Mar 31, 2023
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Total Equity Funding
$11.97 M (USD)
in 5 rounds
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Latest Funding Round
$2.4 M (USD), Seed
Jan 22, 2026
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Investors
MapmyIndia
& 44 more
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Employee Count
79
as on Mar 28, 2024
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Products & Services of Chargeup
Chargeup offers a comprehensive portfolio of products and services, including BaaS Platform and Asset Management System.
Offers zero-investment EV ownership via pay-per-use model.
Provides real-time asset monitoring and predictive analytics for drivers.
People of Chargeup
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Funding Insights of Chargeup
Chargeup has successfully raised a total of $11.97M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $2.4 million completed in January 2026. 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.
Investors in Chargeup
Chargeup has secured backing from 45 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include MapmyIndia, Triveni Group and Jiraaf.
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Investment services in private credit, seed funds, growth equity, and late-stage equity for businesses in India.
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Angel investor investing in tech startups
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Venture capital funding is provided to Indian startups.
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Investor details for Chargeup
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Investments & Acquisitions by Chargeup
Investment portfolio details for Chargeup
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Financial Statements - Chargeup
Detailed financials for Chargeup
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Chargeup Comparisons
Peer comparison for Chargeup
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Competitors of Chargeup
Chargeup 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 SUN Mobility, Battery Smart, Kazam, Numocity and Pulse Energy, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Online platform for battery swapping solutions
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Provider of EV battery-swapping network
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EV charging platform is provided for network expansion in India.
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EV charging management software and energy solutions are provided.
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EV charging management solutions are delivered through a scalable platform.
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Detailed competitors of Chargeup
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Latest news on Chargeup
Complete news archive for Chargeup
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Frequently Asked Questions about Chargeup
Chargeup was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Chargeup is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Varun Goenka is the current CEO of Chargeup. They have also founded this company.
Chargeup is a funded company, having raised a total of $11.97M across 5 funding rounds to date.
As of Mar 28, 2024, the latest employee count at Chargeup is 79.
Annual revenue of Chargeup is $526.11K as on Mar 31, 2023.
Chargeup was founded in 2019 in Delhi, India, within the electric vehicle sector. A platform is provided to charging station network operators for asset management, handover facilitation, and onboarding optimization. Services include a map for locating swap points across networks. Operations focus on streamlining infrastructure for EV adoption in urban and regional settings.
Chargeup's top competitors include Battery Smart, SUN Mobility and Kazam.
Chargeup offers BaaS Platform and Asset Management System.
Chargeup has 45 investors. Key investors include MapmyIndia, Triveni Group, Jiraaf, Anicut Capital, and Aska Equipments.
The valuation of Chargeup is $1.89M as of Mar 2021.