EV Startup Kazam Scores $6.2 Million in Funding to Power India’s Green Revolution

Bengaluru-based EV startup Kazam is charging full speed ahead!

Fresh off a new $6.2 million Series B funding round led by the International Finance Corporation (IFC), alongside top investors Vertex Ventures and Avaana Capital, Kazam is gearing up to revolutionize the electric vehicle charging ecosystem in India and beyond.

What Is Kazam? The Brain Behind Smarter EV Charging

Founded in 2020 by Akshay Shekhar and Vaibhav Tyagi, Kazam is building a device-agnostic digital platform that powers EV charging and battery swapping. It helps charging operators, vehicle manufacturers, fleet managers, and power utilities monitor and manage their charging infrastructure like never before.

The Numbers Speak Loud: 68,000+ Chargers and 5 Million Charging Sessions!

Kazam’s platform already powers more than 68,000 EV chargers and has facilitated over 5 million charging sessions — proof that the startup is more than just hype.

Why This $6.2 Million Injection Matters

This fresh capital takes Kazam’s total funding to a robust $19.2 million, and will accelerate its expansion across markets, boosting its energy transition tools designed to speed up the adoption of sustainable mobility.

With the EV market booming, Kazam’s tech is the key to making charging accessible, efficient, and scalable.

What’s Next for Kazam?

• Expansion into new cities and regions
• Scaling up charging network management and analytics tools
• Partnering with more OEMs, fleet operators, and utilities to electrify transportation

The future looks electric, and Kazam is plugging right in.