ElectricPe raises $5 million in pre-Series A funding led by Green Frontier Capital, others

• ByStartupStory     |    January 5, 2023

Electric vehicle charging aggregator ElectricPe has closed a $5 million in pre-Series A funding led by Green Frontier Capital, Blume Ventures, and Micelio Fund. 

ElectricPe plans to use the funds to expand its technological investments and expand its operations. To date, the EV startup has raised a total of $8 million, including the current funding.

The news comes more than a year after ElectricPe received $3 million in seed funding led by Blume Ventures and Micelio Fund.

“As e-mobility is gaining traction in India, ElectricPe has identified a primary challenge and is working to create easy and seamless access to a trusted network of charging points all in one space,” said Sandiip Bhammer, managing partner of Green Frontier Capital.

“At Micelio, we lay emphasis on products that boost the adoption of clean mobility in India. ElectricPe’s growing market success and drive to increase efficiency in the EV industry have been proven since its inception. We are excited to once again back the ElectricPe team to solve the issue of access to charging infrastructure and improve customer satisfaction,” said Shreyas Shibulal, CEO and founder of Micelio Fund.

The funding round was also attended by Dubai-based NB Ventures, Anchorage Capital Partners, Supermorpheus, and Climate Angels.

ElectricPe provides smart, affordable, and clean Electric Mobility to a billion Indians. They are offering a one-stop platform for catering to all your EV needs. It was Co-founded by Avinash Sharma and Raghav Rohila in May 2021.

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