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KAZAM FUNDING
India’s next big economic unlock is home-grown energyThe installed renewable capacity in the country has surpassed 200 GW, and the government aims for 500 GW of non-fossil energy by 2030- EV charging startup Statiq secures $18 million from Tenacity Ventures, othersElectric vehicle (EV) charging startup Statiq has secured $18 million in fresh funding led by Tenacity Ventures. Existing backers Y Combina...
- EV charging startup Kazam closes FY25 at Rs 40 crore, targets Rs 100 crore run rateIFC-backed EV charging startup Kazam posted Rs 40 crore revenue in FY25 as demand shifts towards reliable, high-usage infrastructure. The c...
- VC firm Avaana Capital appoints Vikas Verma as partner, promotes Shruti SrivastavaFounded in 2018, Avaana Capital has backed startups such as Aerem, Amperehour, Eeki Foods, Kazam, Turno and GreenGrahi, and has previously ...
- SoftBank changes India gears; Meesho’s homecomingHappy Tuesday! SoftBank is looking to acquire IT-enabled services firms in India. This and more in today’s ETtech Morning Dispatch.
- EV infrastructure startup Kazam raises $6.2 million in round led by International Finance CorporationKazam, an electric mobility infrastructure startup, secured $6.2 million in funding led by the International Finance Corporation (IFC) to e...
- Battery-swapping companies cash in on quick commerce’s EV turnThe increasing adoption of electric vehicles for last-mile deliveries in quick commerce is driving business for startups focused on chargin...
- Battery tech startup Dreamfly Innovations raises Rs 12 crore from Avaana Capital, othersThe company intends to use the new capital to establish a manufacturing facility, grow its team, and speed up research and development of i...
- Year in Review: EVs lose the funding race as investors drive a hard bargainIndia’s electric vehicle sector funding halved from $934 million in 2022 to $586 million in 2024. Policy changes and reduced subsidies impa...
- India beats China on green pitch of attracting clean fundsIndia surpassed China in clean technology investments during the third quarter, securing $2.4 bn, over four times China's amount. This surg...
- Avaana logs final close of $135-million climate fundThis fund aims to invest in 20-25 early-stage companies working on solutions for energy transition, supply chain, resources, industrial dec...
- Shadowfax’s Rs 3,000-crore IPO; Ola Electric shares rallyJoining its new-age peers, ecommerce logistics company Shadowfax is planning to go public. Details on this and more in today’s ETtech Top 5.
- EV charging startup Kazam raises $8 millionKazam EV Tch, a startup offering charging products and services for EVs, has raised $8 million in its latest funding round from Vertex Vent...
- IPV to invest Rs 150-200 crore in startups this year; exits 14 firms with 61% returnThe company announced partial and full exit from 14 firms with an average 61 per cent internal rate of return in 2023. "We have made a tota...
- Musk-Modi US bonhomie and Tesla’s India plans; Mumbai drone startup Ideaforge's IPO journeyTesla will vroom into India “as soon as humanly possible”, says its boss Elon Musk. The Twitter CEO was addressing reporters after his meet...
- Avaana Capital secures $70 million in first close for climate fundAvaana Capital is targeting a total corpus of $100-125 million for the fund, which will focus its investments in three sectors that it said...
- EV SaaS startup Kazam raises $3.6 million in round led by Avaana Climate FundKazam’s immediate plan is to integrate 60,000 charging and swapping stations with its operating system in the next 14-15 months, it said in...
- Indian EV industry records INR 25,045 crore investments in last seven monthsMeanwhile an independent study conducted by the CEEW Centre for Energy Finance (CEEW-CEF), says the EV market in India will be worth USD 20...
- Kazam raises Rs 7 crore in funding led by Inflection Point VenturesA lot of early-stage companies are gearing up to offer solutions to the auto industry as the adoption of electric vehicles picks up
- Iran to build 5 refineries across AsiaIran on Monday announced it will help build five new refineries across Asia including China with a total capacity of 1.1 million barrels pe...
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