EV Chargers Distribution Business Raising Funds In Chennai
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About Business
The company is engaged in the trading, distribution, installation, and servicing of smart EV charging solutions for the Indian market. Its product portfolio includes smart AC chargers ranging from 3.3 kW to 22 kW for residential and commercial applications, as well as DC fast chargers ranging from 30 kW to 240 kW for fleets, fuel stations, highways, and other high-traffic locations.
The chargers are OCPP 1.6J and 2.0.1 compliant, IoT-enabled, and BIS-certified, ensuring interoperability, remote monitoring, and reliable performance. The company provides end-to-end turnkey solutions, including site surveys, electrical cabling, installation, commissioning, and after-sales support backed by a 26-month warranty.
The business follows a diversified revenue model comprising charger sales, installation services, annual maintenance contracts (AMC), and software licensing and subscription services. This enables the company to generate recurring revenue while supporting customers throughout the lifecycle of the charging infrastructure.
Unique Selling Proposition (USP)
Comprehensive range of smart AC and DC EV charging solutions.
OCPP-compliant, IoT-enabled, and BIS-certified charging infrastructure.
End-to-end turnkey services, including installation, commissioning, and maintenance.
Competitive pricing with a strong focus on quality and reliability.
Recurring revenue model through AMC and software subscriptions.
Single-source solution provider for residential and commercial EV charging requirements.
Clientele type
The company caters to fleet operators, fuel stations, corporate offices, hotels, shopping malls, residential communities, real estate developers, government, and smart city projects, highway operators, and individual EV owners.
Premises
Currently, the founders and employees are operating remotely.
Asking Price Includes
The terms of the transaction will be discussed with the potential investors.
Asking Price
INR 10.00 Cr
Minimum ticket size
INR 5.00 Cr
Reason
The founders are seeking growth capital to establish their own manufacturing capability, expand the team to over 25 members, strengthen the software platform, and accelerate the sales and distribution of AC and DC EV charging solutions across South India.
More Details
There are 2 partners and a team of 9 employees in the business.
Keywords
Business Tags
Fundraising for ₹10 Cr – 500 Cr
Confidential Process Completed in 120 Days
Strategic Preparation, Aligned Investor Outreach and Seamless Closure
Supported by Advisors with 26+ Years of Experience
