India’s electric mobility journey depends as much on charging infrastructure as it does on electric vehicles. In a significant boost to this ecosystem, RoadGrid, an electric vehicle (EV) charging technology startup, has raised ₹12 crore in a pre-Series A funding round. The fresh capital signals growing investor confidence in EV infrastructure and highlights the urgency to scale reliable, interoperable charging solutions across the country.
A timely fundraise in a fast-evolving EV market
India’s EV adoption continues to rise across two-wheelers, three-wheelers, passenger cars, and commercial fleets. Consumers increasingly look for dependable charging access, while fleet operators demand uptime, data visibility, and cost efficiency. RoadGrid entered this market with a clear mission: build charging hardware and software that works across vehicle categories and operating conditions.
The ₹12 crore pre-Series A round arrives at a critical moment. Charging demand expands faster than infrastructure deployment in many regions. RoadGrid plans to use the capital to close this gap through manufacturing scale-up, software innovation, and rapid network expansion.
Investors back the EV infrastructure opportunity
The funding round saw participation from marquee early-stage investors, led by Venture Catalysts, along with a group of strategic and angel investors. These backers bring not only capital but also market access, operational expertise, and long-term perspective.
Investors increasingly recognize EV charging as a foundational layer of the mobility stack. Vehicles, batteries, and energy systems rely on charging networks to unlock their full potential. RoadGrid’s focus on universal chargers and integrated software aligns well with this investor thesis.
RoadGrid’s approach to EV charging
RoadGrid operates at the intersection of hardware manufacturing and software-driven operations. Instead of limiting its solutions to a single vehicle category, the company designs chargers that support two-wheelers, three-wheelers, and four-wheelers. This approach allows charging station operators and businesses to serve a wider customer base from a single installation.
On the hardware side, RoadGrid develops AC and DC charging solutions tailored for Indian conditions. The company prioritizes durability, safety, and ease of maintenance. These design choices matter in a market where chargers must operate in varied climates, from dense urban centers to semi-urban and highway locations.
On the software side, RoadGrid builds a cloud-based platform that manages charging sessions, payments, energy usage, and analytics. Operators gain real-time visibility into charger performance, utilization rates, and revenue metrics. Users benefit from a smoother charging experience, transparent pricing, and reliable uptime.
Clear use of funds: manufacturing, software, expansion
RoadGrid has outlined a focused deployment plan for the newly raised capital.
Manufacturing scale-up:
The company plans to expand its charger manufacturing capacity to meet growing demand from EV OEMs, fleet operators, and charging network partners. Higher production volumes will help RoadGrid reduce unit costs and accelerate deployment timelines.
Software development:
RoadGrid aims to deepen its software capabilities, with emphasis on interoperability, data analytics, and system reliability. The platform will support advanced features such as remote diagnostics, predictive maintenance, and seamless integration with third-party mobility and energy platforms.
Network expansion:
The startup plans to accelerate the rollout of charging stations across key cities and transit corridors. RoadGrid already operates in locations such as Indore and Noida, including installations at fuel stations and commercial hubs. The company reports a pipeline of over 1,000 chargers, which it plans to deploy over the next phase of growth.
Serving multiple customer segments
RoadGrid targets a diverse set of customers, which strengthens its business model and reduces dependency on a single segment.
For EV OEMs, the company supplies chargers that complement vehicle sales and enhance customer experience. OEM partnerships help ensure charger compatibility and performance.
For fleet operators, RoadGrid delivers charging solutions that support high utilization and predictable operating costs. Fleet customers value reliability, centralized monitoring, and data-driven insights, all of which RoadGrid’s platform provides.
For commercial property owners and fuel retailers, the startup offers an opportunity to monetize parking spaces and attract EV-driving customers. Charging stations increase footfall and future-proof real estate assets.
Addressing India’s charging challenges
India’s EV charging landscape presents unique challenges. Power availability varies widely across regions. Space constraints limit charger installation in dense urban areas. Users demand fast, affordable, and easy-to-use charging options.
RoadGrid addresses these challenges through modular charger designs, flexible installation models, and software-led optimization. The company works closely with site hosts and utility partners to ensure stable operations. Its universal charger strategy also helps reduce fragmentation, a common pain point for EV users.
Competitive landscape and differentiation
The EV charging sector in India has attracted numerous startups and large players. Competition spans hardware manufacturers, software platforms, and integrated network operators.
RoadGrid differentiates itself through its end-to-end approach. The company controls both hardware design and software development, which allows tighter integration and faster innovation. Its focus on serving multiple vehicle categories from a single charger adds another layer of differentiation.
By combining manufacturing, deployment, and digital management, RoadGrid positions itself as a comprehensive infrastructure partner rather than a single-product vendor.
Long-term vision and market impact
RoadGrid’s leadership sees EV charging as a long-term infrastructure play rather than a short-term technology trend. The company plans to build scalable systems that can support millions of charging sessions over the coming years.
As India pushes toward ambitious electrification targets, charging networks will play a decisive role in consumer adoption. Reliable infrastructure reduces range anxiety, lowers operating costs, and builds trust in electric mobility.
RoadGrid’s expansion efforts contribute directly to this national objective. Each new charger strengthens the ecosystem and makes EV ownership more practical for individuals and businesses alike.
Why this funding round matters
The ₹12 crore pre-Series A round marks more than just a capital infusion for RoadGrid. It reflects a broader shift in investor mindset toward EV infrastructure as a core enabler of sustainable mobility. It also signals confidence in startups that combine hardware excellence with software intelligence.
For RoadGrid, the funding provides momentum. The company now has the resources to scale faster, innovate deeper, and expand wider. For the EV ecosystem, the round adds another strong player committed to building the charging backbone India needs.
As electric vehicles become mainstream, companies like RoadGrid will shape how seamlessly India transitions to cleaner, smarter mobility.
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