A clutch of angel investors, including Ashish Goel of Urban Ladder and OfBusiness’ Bhuvan Gupta, participated in the fundraising. The capital will be used by the company to develop its “deep-tech platform” and enable access to affordable charging points via the ElectricPe app.
Founded in May 2021 by Avinash Sharma and Raghav Rohila, ElectricPe has built an app to help users locate and access EV charging points that offer the best charging rates. The app is OEM (original equipment manufacturer) agnostic, which opens up a nationwide network of charging stations to users.
“With rising fuel prices and favourable government incentives, the EV revolution has already started, and our vision is to enable affordable and clean charging for all,” said CEO Avinash Sharma. “We are taking an ecosystem approach by working with all industry stakeholders, thereby making adoption more seamless.”