Archive · 21 Nov 2025
ACS Energy Secures INR 1.1 Crore Funding
A startup called ACS Energy, which makes EV chargers, got INR 1.1 crore from investors.
This money will help them make more chargers and put them in more places.
They've already helped people drive EVs instead of cars that use gasoline, which is good for the environment.
The founders started this company while they were students at Somaiya Vidyavihar University.
ACS Energy, an SVU-supported startup, raised INR 1.1 crore in funding
The funding will expand ACS's EV charging network in Mumbai and other urban markets
ACS's chargers have already helped avoid 80 tons of CO₂ emissions by shifting commuting from ICE vehicles to EVs
Founded by SVU alumni, ACS Energy traces its roots to riidl and Somaiya Vidyavihar University
The startup aims to strengthen its hardware-software stack and accelerate deployments in residential societies
- Who
- ACS Energy, a startup founded by SVU alumni Jash Sheth and Mihir Bhanushali
- What
- Secured INR 1.1 crore in funding
- When
- Recently
- Where
- Mumbai and other urban markets
- Why
- To expand its EV charging network, strengthen hardware-software stack, and accelerate deployments
- Founded
- 2021 by SVU alumni
- Funding Amount
- INR 1.1 crore
- Chargers Deployed
- 250+
- CO₂ Emissions Avoided
- 80 tons
- Green Kilometers
- 6,00,000+