skip to content
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post

Kazam Raises Rs Seven Crores In Seed Round Led By Inflection Point Ventures

- Advertisement -
  • The funds raised will be used for product development, ramping up sales, operations and marketing
  • The EV market has a large unaddressed need for charging infrastructure for all vehicles (2W/3W/4W), in both personal and commercial applications

Kazam has raised Rs 7 crore in a seed round led by Inflection Point Ventures. The funds raised will be used for product development, ramping up sales, operations and marketing, as Kazam continues to provide electric vehicle (EV) harging stations made in India, and has set up over 30 charging stations infive states – Karnataka, Maharashtra, Delhi/NCR, Telangana and Tamil Nadu.

Akshay Shekhar, Co-Founder, Kazam said that the partnership with one of the leading EV fleet operators has already taken a good shape where they are seeing very high transaction rates on the station. They expect to put 10,000 charging stations in 2021-22 and build a robust team to support it. Even with the 2nd wave of Covid hitting IPV and other investors have stayed resilient and continue to believe in the vision to make electric mobility accessible to all.

Network of charging stations enabled with IoT device

- Advertisement -

The EV market has a large unaddressed need for charging infrastructure for all vehicles (2W/3W/4W), in both personal and commercial applications. Kazam aspires to be the most innovative, and consumer obsessed product company through a network of charging stations enabled with IoT device for connectivity, analytics, BMS and ability to meter and bill users through a simple app.

Vinay Bansal, founder and CEO, Inflection Point Ventures said that in the last 5 years, the government has announced multiple beneficial initiatives to increase the sales of EV vehicles. Many startups in electric mobility are scaling well and they have invested in quite a few. Kazam’s strong founding team has in-depth understanding of technology and physical infrastructure needed to help the sector grow faster and this encouraged us to invest in the company, he added.

- Advertisement -

Most Popular Articles

Purple Technologies Launches AI & Robotics Lab For Vijayawada Schools

0
Eyeing to transform STEM education with hands-on AI kits, coding tools, and affordable teacher training for just ₹500/month, Purple Technologies unveils its AI &...

Calcom Vision’s Q3 Revenue Up 9.25%, Profits Soar

0
Despite margin decline, Calcom Vision sees a 9.25 per cent revenue boost in Q3 FY25, with profits soaring 747.53 per cent. It plans to...

Volkswagen Announces Five-Year Plan For EV Future

0
Aiming to lead the EV market by 2030, Volkswagen has a bold five-year plan, including affordable electric cars, workforce cuts, and a high-tech Wolfsburg...

Samsung Electronics Names Its Veteran Leaders For Board

0
Reshuffling its board membership, Samsung Electronics has nominated its chief of chip business, CTO, awaiting finalisation in March. Dr Hyuk Jae Lee from Seoul...

Element14 Expands Audio Portfolio With PUI Audio Partnership

0
This collaboration offers customers a broader selection of innovative audio, haptic, and sensor solutions across medical, industrial, security, and consumer electronics industries. element14 has significantly...
Sridhar Kaip, CEO, SFAL

“Many Startups Selected Under DLI Are Part Of SFAL’s Portfolio” – Sridhar Kaip, SFAL

0
With a vision to enable companies to develop semiconductor IPs in India, the Semiconductor Fabless Accelerator Labs (SFAL) has incubated five fabless design startups...
Anshuman Divyanshu, CEO, Exicom

“Our Chargers Are Fully Interoperable and Compatible with All Vehicles” – Anshuman Divyanshu, Exicom

0
Battery safety and longevity, the effects of charging and discharging, and various safeguards and features are among the most critical considerations for a battery...
Khushal Panchal,  chief operating officer (COO), PCB Power

“We Differentiate Ourselves By Producing Radio Frequency PCBs For Wireless Communication Devices” – Khushal...

0
With technology and policy support, Indian PCB manufacturing is at a turning point. Can innovation and scale match global giants? PCB Power leads the...
Jayesh Ranjan IAS, Special Secretary, Department of Industries and Commerce and ITE&C, Government Of Telangana

“To Compensate For Telangana’s Lack Of A Wet Port,Our Incentives Help ESDM And Semiconductor...

0
Despite logistics challenges, how is Telangana securing billion-dollar investments in electronics? Will the state unveil a new semiconductor policy soon? Jayesh Ranjan, IAS, from...
Shrinivas Kulkarni CFO, Cyient DLM

“Acquisitions That Help Address Gaps In Our Design Capabilities….. Interest Us” – Shrinivas Kulkarni,...

0
Over the past five years, Cyient DLM (formerly Rangsons Electronics), a subsidiary of Cyient Limited, has rapidly expanded its footprint in the design-led manufacturing...
Sridhar Kaip, CEO, SFAL

“Many Startups Selected Under DLI Are Part Of SFAL’s Portfolio” – Sridhar Kaip, SFAL

0
With a vision to enable companies to develop semiconductor IPs in India, the Semiconductor Fabless Accelerator Labs (SFAL) has incubated five fabless design startups...

Meridian Joins Altair’s Startup Programme To Boost UAV Tech

0
Eyeing to drive innovation in UAVs and hybrid power tech with simulation tools and expert support, Altair teams up with Meridian Flight Systems in...

Mitsubishi Electric Acquires Stake In Itanta Analytics Startup

0
Aiming to boost manufacturing digitalisation and efficiency with simplified automation solutions, Mitsubishi Electric India invests in Itanta Analytics to develop no-code data analysis tools....

Union Budget 2025-26: What It Has For The Electronics Sector?

0
With reduced and exempted duties, tax relief for manufacturing, and increased support for startups, this Budget addresses a broader range of issues within the...

IndiaAI Mission Expands To 18,693 GPUs For R&D

0
Aiming to support R&D and ethical AI, Union Minister Ashwini Vaishnaw announced the expansion of IndiaAI’s GPU infrastructure to 18,693 to benefit startups and...

Industry's Buzz

Purple Technologies Launches AI & Robotics Lab For Vijayawada Schools

0
Eyeing to transform STEM education with hands-on AI kits, coding tools, and affordable teacher training for just ₹500/month, Purple Technologies unveils its AI &...

Calcom Vision’s Q3 Revenue Up 9.25%, Profits Soar

0
Despite margin decline, Calcom Vision sees a 9.25 per cent revenue boost in Q3 FY25, with profits soaring 747.53 per cent. It plans to...

Volkswagen Announces Five-Year Plan For EV Future

0
Aiming to lead the EV market by 2030, Volkswagen has a bold five-year plan, including affordable electric cars, workforce cuts, and a high-tech Wolfsburg...

Samsung Electronics Names Its Veteran Leaders For Board

0
Reshuffling its board membership, Samsung Electronics has nominated its chief of chip business, CTO, awaiting finalisation in March. Dr Hyuk Jae Lee from Seoul...

Element14 Expands Audio Portfolio With PUI Audio Partnership

0
This collaboration offers customers a broader selection of innovative audio, haptic, and sensor solutions across medical, industrial, security, and consumer electronics industries. element14 has significantly...

Learn From Leaders

Sridhar Kaip, CEO, SFAL

“Many Startups Selected Under DLI Are Part Of SFAL’s Portfolio” – Sridhar Kaip, SFAL

0
With a vision to enable companies to develop semiconductor IPs in India, the Semiconductor Fabless Accelerator Labs (SFAL) has incubated five fabless design startups...
Anshuman Divyanshu, CEO, Exicom

“Our Chargers Are Fully Interoperable and Compatible with All Vehicles” – Anshuman Divyanshu, Exicom

0
Battery safety and longevity, the effects of charging and discharging, and various safeguards and features are among the most critical considerations for a battery...
Khushal Panchal,  chief operating officer (COO), PCB Power

“We Differentiate Ourselves By Producing Radio Frequency PCBs For Wireless Communication Devices” – Khushal...

0
With technology and policy support, Indian PCB manufacturing is at a turning point. Can innovation and scale match global giants? PCB Power leads the...
Jayesh Ranjan IAS, Special Secretary, Department of Industries and Commerce and ITE&C, Government Of Telangana

“To Compensate For Telangana’s Lack Of A Wet Port,Our Incentives Help ESDM And Semiconductor...

0
Despite logistics challenges, how is Telangana securing billion-dollar investments in electronics? Will the state unveil a new semiconductor policy soon? Jayesh Ranjan, IAS, from...
Shrinivas Kulkarni CFO, Cyient DLM

“Acquisitions That Help Address Gaps In Our Design Capabilities….. Interest Us” – Shrinivas Kulkarni,...

0
Over the past five years, Cyient DLM (formerly Rangsons Electronics), a subsidiary of Cyient Limited, has rapidly expanded its footprint in the design-led manufacturing...

Startups

Sridhar Kaip, CEO, SFAL

“Many Startups Selected Under DLI Are Part Of SFAL’s Portfolio” – Sridhar Kaip, SFAL

0
With a vision to enable companies to develop semiconductor IPs in India, the Semiconductor Fabless Accelerator Labs (SFAL) has incubated five fabless design startups...

Meridian Joins Altair’s Startup Programme To Boost UAV Tech

0
Eyeing to drive innovation in UAVs and hybrid power tech with simulation tools and expert support, Altair teams up with Meridian Flight Systems in...

Mitsubishi Electric Acquires Stake In Itanta Analytics Startup

0
Aiming to boost manufacturing digitalisation and efficiency with simplified automation solutions, Mitsubishi Electric India invests in Itanta Analytics to develop no-code data analysis tools....

Union Budget 2025-26: What It Has For The Electronics Sector?

0
With reduced and exempted duties, tax relief for manufacturing, and increased support for startups, this Budget addresses a broader range of issues within the...

IndiaAI Mission Expands To 18,693 GPUs For R&D

0
Aiming to support R&D and ethical AI, Union Minister Ashwini Vaishnaw announced the expansion of IndiaAI’s GPU infrastructure to 18,693 to benefit startups and...