About Kazam
Kazam is a company based in Bengaluru (India) founded in 2020 by Paras Shah, Vaibhav Tyagi, and Akshay Shekhar. It operates as a SaaS (Software-as-a-Service), Product-as-a-Service, and Mobility-as-a-Service. Kazam has raised $20.22 million across 6 funding rounds from investors including Angel List, International Finance Corporation and LetsVenture. The company has 75 employees as of April 06, 2024. Kazam offers products and services including Kazam Charge Points, Kazam CMS, Kazam App, Kazam Roaming, and Kazam BSMS. Kazam operates in a competitive market with competitors including Monta, SWTCH, AmpUp, Smartcar and Fuuse, among others.
- Headquarter Bengaluru, India
- Employees 75 as on 06 Apr, 2024
- Founders Paras Shah, Vaibhav Tyagi, Akshay Shekhar
-
Sectors
Transportation, Automotive & LogisticsEnergy & Utilities
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Kazam Ev Tech Pvt. Ltd.
- Jurisdiction Thane, Maharashtra, India
-
Annual Revenue
$129.68 K (USD)0as on Mar 31, 2022
-
Net Profit
$-486.82 K (USD)-3952.38as on Mar 31, 2022
-
EBITDA
$-495.43 K (USD)-4130.53as on Mar 31, 2022
-
Total Equity Funding
$20.22 M (USD)
in 6 rounds
-
Latest Funding Round
$6.2 M (USD), Series B
Jun 22, 2025
-
Investors
Angel List
& 65 more
-
Employee Count
75
as on Apr 06, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Kazam
Kazam offers a comprehensive portfolio of products and services, including Kazam Charge Points, Kazam CMS, Kazam App, Kazam Roaming, and Kazam BSMS. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Hardware solutions for EV charging are provided by Kazam.
Software for managing EV chargers is offered by Kazam.
App for discovering EV chargers is developed by Kazam.
Roaming across charging networks is enabled by Kazam.
Battery swapping solutions are managed through Kazam platform.
Funding Insights of Kazam
Kazam has successfully raised a total of $20.22M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $6.2 million completed in June 2025. 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 6
- Last Round Series B — $6.2M
-
First Round
First Round
(23 Jun 2021)
- Investors Count 66
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2025 | Amount | Series B - Kazam | Valuation | IFC | |
| Aug, 2024 | Amount | Series A - Kazam | Valuation | Vertex Ventures | |
| Jun, 2023 | Amount | Grant - Kazam | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Kazam
Kazam has secured backing from 66 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Angel List, International Finance Corporation and LetsVenture. 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 |
|---|---|---|---|---|
|
Avaana Capital is engaged in venture capital investments for deep tech startups.
|
Founded Year | Domain | Location | |
|
Venture debt funding and structured finance for innovative startups in India.
|
Founded Year | Domain | Location | |
|
Venture capital fund focused on multiple sectors
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Kazam
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Kazam
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Kazam Comparisons
Competitors of Kazam
Kazam 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 Monta, SWTCH, AmpUp, Smartcar and Fuuse, 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 |
Monta is recognized as a provider of EV charging software solutions.
|
|
| domain | founded_year | HQ Location |
Provider of EV charging management systems
|
|
| domain | founded_year | HQ Location |
Tech-enabled platform offering charging point management solutions
|
|
| domain | founded_year | HQ Location |
Provider of SaaS-driven API platform for connected car data
|
|
| domain | founded_year | HQ Location |
Electric-vehicle charging stations are managed via a SaaS platform.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Kazam
Frequently Asked Questions about Kazam
When was Kazam founded?
Kazam was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Kazam located?
Kazam is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Kazam?
Akshay Shekhar is the current CEO of Kazam. They have also founded this company.
Is Kazam a funded company?
Kazam is a funded company, having raised a total of $20.22M across 6 funding rounds to date.
How many employees does Kazam have?
As of Apr 06, 2024, the latest employee count at Kazam is 75.
What is the annual revenue of Kazam?
Annual revenue of Kazam is $129.68K as on Mar 31, 2022.
What does Kazam do?
Kazam is established as a global technology enabler for e-mobility and energy management. Solutions for electric vehicle charging infrastructure are provided, including hardware like charge points and software for management and user interaction. Various sectors such as charge point operators, OEMs, e-commerce, fleet operators, and commercial buildings are served. End-to-end e-mobility solutions are implemented, covering EV leasing, battery swapping, and roaming across multiple charging networks. Accessibility and convenience for electric vehicle users are promoted through innovative applications and integrations.
What products or services does Kazam offer?
Kazam offers Kazam Charge Points, Kazam CMS, Kazam App, Kazam Roaming, and Kazam BSMS.
Who are Kazam's investors?
Kazam has 66 investors. Key investors include Angel List, International Finance Corporation, LetsVenture, We Founder Circle, and Alteria Capital.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.