About Kazam
Kazam is a Transportation, Automotive & Logistics company based in Bengaluru (India) founded in 2020 by Paras Shah, Vaibhav Tyagi, and Akshay Shekhar. EV charging platform is provided for network expansion in India. It operates on a SaaS (Software-as-a-Service), Product-as-a-Service, and Mobility-as-a-Service model in Transportation, Automotive & Logistics and Energy & Utilities sectors. Kazam has raised $20.22 million across 7 funding rounds from investors including Angel List, International Finance Corporation and LetsVenture. The company has 75 employees. Its chief executive, as recorded, is Akshay Shekhar. Its website kazam.energy draws about 34 thousand monthly visits. Its Indian entity Kazam Ev Tech Private Limited reported revenue of ₹37.92 Cr. Kazam offers products and services including Kazam Charge Points, Kazam CMS, Kazam App, Kazam Roaming, and Kazam BSMS. Its focus areas include Energy, Renewable Energy and Electric Vehicle Infrastructure.
Company details
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.
- Headquarters Bengaluru, India
- Employees 75
- Founders Paras Shah, Vaibhav Tyagi, Akshay Shekhar
- SectorsTransportation, Automotive & LogisticsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website kazam.energy
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Kazam Ev Tech Pvt. Ltd.
- Date of Incorporation 05 Dec, 2020
- Jurisdiction Thane, Maharashtra, India
- Annual Revenue₹37.92 Cr
FY 2025 · +224% YoY
- Net Loss-₹18.79 Cr
FY 2025 · -50% margin
- EBITDA-₹17.14 Cr
FY 2025 · -45% margin
- Total Equity Funding$20.22M (USD)
in 7 rounds
- Latest Funding Round$6.2M (USD), Series B
Jun 2025
- InvestorsAngel List
& 65 more
- Employee Count75
Associated legal entities of Kazam
Kazam operates through Kazam Ev Tech Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Kazam Ev Tech Private Limited CIN U27900MH2020PTC351326 | Active | 05 Dec 2020 | Thane, Maharashtra | ₹37.9 Cr | 270 | 4 | View details |
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.
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.
Apps and channels of Kazam
Kazam publishes 2 mobile apps with over 100K+ downloads; its YouTube channel Kazam has 788 subscribers and 30 videos.
Videos from Kazam
The most watched videos on Kazam's YouTube channel, Kazam (788 subscribers). Click a video to play it here.
More on Kazam.
Funding Insights of Kazam
Kazam has successfully raised a total of $20.22M across 7 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 $20.22M
- Total Rounds 7
- Last Round Series B — $6.2M
- First Round $942,830
(Jun 2021)
- Investors Count 66
All 7 funding rounds of Kazam with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2025 | $6.2M | Series B | – | IFC | |
| Aug 2024 | $8M | Series A | – | Vertex Ventures | |
| Jun 2023 | Grant | – | – | ||
| Mar 2023 | $3.6M | Series A | – | – | |
| Jun 2022 | $487,111 | Seed | – | – | We Founder Circle |
| May 2022 | $1.48M | Seed | – | – | |
| Jun 2021 | $942,830 | Seed | – | – |
66 investors in total: 15 institutional and 51 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Avaana Capital is engaged in venture capital investments for deep tech startups. | avaanacapital.com | Mumbai, India | ||
Venture debt funding and structured finance for innovative startups in India. | 2018 | alteriacapital.com | Mumbai, India | |
Venture capital fund focused on multiple sectors | 1997 | vertexventures.sg | Singapore, Singapore | |
Startup studio | 2018 | thestartupx.com | Singapore, Singapore | |
Investment in early-stage startups and global community support. | 2020 | wefoundercircle.com | Mumbai, India | |
Venture capital and acceleration are provided for climate tech sectors. | third-derivative.org | Boulder, United States | ||
Investments are made in early-stage tech startups across sectors. | ipventures.in | Gurugram, India | ||
| dell.com/learn/in/en/incorp1/dell-ventures | ||||
IFC is focused on private sector development in emerging markets. | 1956 | ifc.org | ||
Investor details for Kazam
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Kazam Ev Tech Private Limited (Kazam)
Kazam Ev Tech Private Limited is the primary company behind Kazam. The board of Kazam Ev Tech Private Limited currently have 3 directors; the longest-serving is Vaibhav Tyagi, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vaibhav Tyagi DIN 08984936 | Director | 05 Dec 2020 | 5 yrs 11 mo | Kazam Ev Tech Private Limited |
| Akshay Shekhar DIN 07510485 | Director | 05 Dec 2020 | 5 yrs 11 mo | Kazam Ev Tech Private Limited |
| Nikhil Marwaha DIN 07621183 | Nominee Director | 23 Dec 2024 | 1 yr 10 mo | Kazam Ev Tech Private Limited |
People of Kazam
3 people are tracked at Kazam (3 in leadership); the tracked headcount is 75.
| Name | Role | Group |
|---|---|---|
Paras Shah | Co-Founder & COO | Leadership |
| Co-Founder & CTO | Leadership | |
| Co-Founder & CEO | Leadership |
Complete people profiles for Kazam
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Kazam
Figures of Kazam Ev Tech Private Limited, the primary company behind Kazam, for FY 2025. Revenue was ₹37.92 Cr (+224% year on year). Net loss was -₹18.79 Cr (-50% margin). EBITDA was -₹17.14 Cr (-45% margin). Revenue has grown at a compounded annual rate of +228% over three years and 0% over five years.
- ₹37.92 CrRevenue · FY 2025 · +224% YoY
- -₹18.79 CrNet loss · -50% margin
- -₹17.14 CrEBITDA · -45% margin
- ₹28.7 LakhPaid-up capital
- 270Employees (provident fund records)
- +228%Revenue CAGR, 3 years
- 0%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Kazam Ev Tech Private Limited are on its company page.
Detailed financial statements for Kazam
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Kazam
3 dated milestones of Kazam across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Kazam is founded.
- Funding First funding round of $943K.
- Funding Latest funding round, Series B, of $6.2M.
Web traffic of Kazam
The website of Kazam (kazam.energy) receives about 34.1K visits a month.
- Monthly visits34.1K
▲ 137% vs previous month
Top companies in Electric & Green Mobility
3 companies that operate in the same segment as Kazam (Electric & Green Mobility) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
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 37.93 M | 401 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.02 M | USD 407.47 M | 1,917 |
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Related news about Kazam
Complete news archive for Kazam
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Frequently Asked Questions about Kazam
Kazam was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Kazam is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Akshay Shekhar is the CEO of Kazam, as recorded in our data. They have also founded this company.
Kazam is a funded company, having raised a total of $20.22M across 7 funding rounds to date. The company's 1st funding round was a Seed of $942.83K, raised on Jun 2021.
Kazam has 75 employees.
The primary company behind Kazam, Kazam Ev Tech Private Limited, reported revenue of ₹37.92 Cr for FY 2025, up 224% year on year.
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.
Kazam offers Kazam Charge Points, Kazam CMS, Kazam App, Kazam Roaming, and Kazam BSMS.
Kazam has 66 investors. Key investors include Angel List, International Finance Corporation, LetsVenture, We Founder Circle, and Alteria Capital.
Kazam operates through Kazam Ev Tech Private Limited.
The legal entities of Kazam currently have 4 directors, including Vaibhav Tyagi, Akshay Shekhar, Ram Balasubramanian and others.
Yes. Kazam publishes Kazam EV Charging and 1 more app, with over 100,000 downloads.