Archive · 24 Jun 2025
Kazam Secures $6.2M to Expand EV Charging Infrastructure
Imagine electric cars needing places to charge.
Kazam, a company in India, just got $6.2 million to build more charging stations and battery swapping services.
They want to help more people use electric vehicles.
This funding will allow the company to expand its services to more places.
Kazam already manages many chargers and has helped cars charge millions of times, reducing pollution.
With this new money, they hope to keep growing and make electric vehicles more common around the world.
Kazam, an EV charging platform, secured $6.2M in Series B funding.
The funding round was led by the International Finance Corporation (IFC), Vertex Ventures SEA & India, and Avaana Capital.
Kazam aims to expand its digital EV charging and battery-swapping platform globally.
Kazam has facilitated over 5 million charging sessions and managed over 68,000 chargers.
The company targets $12 million in revenue in FY25.
- Who
- Kazam, along with investors including the International Finance Corporation (IFC), Vertex Ventures SEA & India, and Avaana Capital.
- What
- Kazam, an EV charging platform, raised $6.2M in Series B funding.
- When
- Announced recently.
- Where
- Bangalore, India and globally.
- Why
- To expand digital EV charging and battery-swapping platforms, accelerating sustainable mobility.
Kazam's Operations
No opposing viewpoints present
Charging Solutions
Kazam's Operations
Kazam provides device-agnostic solutions for EV charging and battery swapping.
No opposing viewpoints present
No opposing view.
- Company
- Kazam
- Funding Amount
- $6.2 million
- Funding Round
- Series B
- Lead Investors
- IFC, Vertex Ventures, Avaana Capital
- Total Funding
- $19.2 million
- Target Revenue FY25
- $12 million
- Chargers Managed
- Over 68,000