About Star Charge
Star Charge is a company based in Changzhou (China) founded in 2014. Star Charge has raised $125.69 million across 3 funding rounds from investors including Schneider Electric, New Hope Group and Hillhouse. The company has 1 employees. Star Charge operates in a competitive market with competitors including myenergi, Span.IO, Wallbox, POD Point and CTEK, among others.
- Headquarter Changzhou, China
- Employees 1
- SectorsTransportation, Automotive & LogisticsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website starcharge.com/am
- Social LinkedIn YouTube
- Legal Name Wanbang Starcharge India Private Limited
- Date of Incorporation 22 Nov, 2021
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹19.86 Cr
FY 2024 · -25% YoY
- Net Loss-₹4.58 Cr
FY 2024 · -23% margin
- EBITDA-₹4.55 Cr
FY 2024 · -23% margin
- Total Equity Funding$125.69M (USD)
in 3 rounds
- InvestorsSchneider Electric
& 7 more
- Employee Count1
Associated legal entities of Star Charge
Star Charge operates through Wanbang Starcharge India 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 |
|---|---|---|---|---|---|---|---|
| Wanbang Starcharge India Private Limited CIN U74999DL2021PTC390197 | Active | 22 Nov 2021 | New Delhi, Delhi | ₹19.9 Cr | – | 2 | View details |
Apps and channels of Star Charge
its YouTube channel StarCharge has 319 subscribers.
Funding Insights of Star Charge
Star Charge has successfully raised a total of $125.69M across 3 strategic funding rounds. 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 $125.69M
- Total Rounds 3
- Investors Count 8
All 3 funding rounds of Star Charge 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 |
|---|---|---|---|---|---|
| May 2021 | – | Series B | – | Hillhouse | |
| Sep 2020 | $125.69M | Series A | – | Schneider Electric, CICC Capital | |
| Jun 2016 | – | Seed | – | CDBC | – |
8 investors in total: 8 institutional.
Investors in Star Charge
Star Charge has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Schneider Electric, New Hope Group and Hillhouse.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Global private equity investments are managed with long-term focus. | – | hillhouseinvestment.com | New York, United States | |
Venture capital firm | – | idgcapital.com | New York, United States | |
- | – | guohecapital.com | - | |
Venture capital firm backed by China Development Bank | – | cdb-capital.com | Xicheng, China | |
Provider of food, agriculture, real estate, and chemical products | 1982 | newhopegroup.com | Beijing, China | |
CCB International is engaged in investment banking and financial services. | – | ccbintl.com.hk | Hong Kong, Hong Kong | |
Energy management and automation solutions are provided globally. | 1836 | se.com | - | |
- | – | ccifund.com | - |
Investor details for Star Charge
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 Wanbang Starcharge India Private Limited (Star Charge)
Wanbang Starcharge India Private Limited is the primary company behind Star Charge. The board of Wanbang Starcharge India Private Limited currently have 2 directors; the longest-serving is Sunil Kumar Dashora, appointed in 2021. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sunil Kumar Dashora DIN 09407065 | Director | 22 Nov 2021 | 4 yrs 10 mo | Wanbang Starcharge India Private Limited |
| Kai Meng Lee DIN 10385945 | Director | 11 Nov 2023 | 2 yrs 11 mo | Wanbang Starcharge India Private Limited |
People of Star Charge
4 people are tracked at Star Charge (3 in leadership, 1 in team); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
Manolis Skourtis | Director of Business Development | Leadership |
George Zhang | Managing Director | Leadership |
Shao Danwei | CEO | Leadership |
Star Charge | Chairman | Team |
Complete people profiles for Star Charge
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 Star Charge
Figures of Wanbang Starcharge India Private Limited, the primary company behind Star Charge, for FY 2024. Revenue was ₹19.86 Cr (-25% year on year). Net loss was -₹4.58 Cr (-23% margin). EBITDA was -₹4.55 Cr (-23% margin).
- ₹19.86 CrRevenue · FY 2024 · -25% YoY
- -₹4.58 CrNet loss · -23% margin
- -₹4.55 CrEBITDA · -23% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Wanbang Starcharge India Private Limited are on its company page.
Detailed financial statements for Star Charge
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 Star Charge
3 dated milestones of Star Charge across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Star Charge is founded.
- Funding First funding round.
- Funding Latest funding round, Series B,.
Competitors of Star Charge
Star Charge 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 myenergi, Span.IO, Wallbox, POD Point and CTEK, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| myenergi.com | 2016 | Market Rasen, United Kingdom | $36.77M | 257 | Electric vehicle charger solutions are provided by myenergi. | |
| span.io | 2014 | San Francisco, United States | $255.56M | – | Smart panels for home energy management are provided by Span.IO. | |
| wallbox.com | 2015 | Barcelona, Spain | $70.19M | 1 | Provider of electric-vehicle charging solutions | |
| pod-point.com | 2009 | London, United Kingdom | $58.39M | 494 | Provider of electric vehicle charging solutions | |
| ctek.com | 1997 | Vikmanshyttan, Sweden | $123.05M | – | EV chargers for automotive batteries are manufactured and distributed worldwide. | |
| evbox.com | 2010 | Amsterdam, Netherlands | – | 6 | EV charging equipment and public infrastructure are designed and developed. | |
| eocharging.com | 2014 | London, United Kingdom | $100.56M | 66 | EV charging points for car parks are designed and manufactured. |
Detailed competitors of Star Charge
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Star Charge
The website of Star Charge (starcharge.com) receives about 56.1K visits a month.
- Monthly visits56.1K
▲ 12.9% vs previous month
Websites whose visitors overlap most with Star Charge. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
wbstar.com | wbstar.com | 100% | – | – | – |
theevreport.com | theevreport.com | 43% | – | #673,816 | – |
latamobility.com | latamobility.com | 43% | – | #1,273,434 | – |
Latest news on Star Charge
Complete news archive for Star Charge
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Star Charge
10 companies that operate in the same segment as Star Charge (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 765.74 M | – | – | |
Electric kick-scooters are rented through an app-based platform. | 2017 | San Francisco, California, United States | USD 1.71 B | – | – | |
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 502.15 M | USD 391.37 M | 1,620 | |
App-based platform offering electric kick scooter rental services | 2018 | Amsterdam, Netherlands | USD 211.85 M | – | – | |
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 | 1,247 | |
Multi-category electric vehicles are manufactured for diverse applications. | 1999 | Bedford, United States | USD 101.78 M | – | – | |
Autonomous aerial vehicles are provided for consumer and commercial uses. | 2014 | Guangzhou, Guangdong, China | USD 94 M | USD 58.15 M | 483 |
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Frequently Asked Questions about Star Charge
Star Charge was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Star Charge is headquartered in Changzhou, China. It is registered at Changzhou, Jiangsu, China.
Shao Danwei is the current CEO of Star Charge.
Star Charge is a funded company, having raised a total of $125.69M across 3 funding rounds to date.
Star Charge has 1 employees.
The primary company behind Star Charge, Wanbang Starcharge India Private Limited, reported revenue of ₹19.86 Cr for FY 2024, down 25% year on year.
Manufacturer of battery charging equipment. Users can buy products by providing location, user details, payment details, preferred models, and more.
Star Charge has 8 investors. Key investors include Schneider Electric, New Hope Group, Hillhouse, IDG Capital, and CCB International.
Star Charge operates through Wanbang Starcharge India Private Limited.
The legal entities of Star Charge currently have 2 directors, including Kai Meng Lee, Sunil Kumar Dashora.