What is ElectricPe?
Founded in 2021 and headquartered in Bengaluru, ElectricPe operates as a sophisticated technology developer within the electric vehicle ecosystem. The company provides a seamless digital interface that allows users to discover, access, and utilize charging points across a nationwide network. By integrating independent charge point operators into a unified, efficient platform, ElectricPe addresses the critical infrastructure challenges currently facing the Indian EV market. Its market position is defined by its focus on user-centric design and the optimization of charging accessibility, which are essential components for the mass adoption of electric transportation.
How much funding has ElectricPe raised?
ElectricPe has raised a total of $12.2M across 4 funding rounds:
Angel/Seed
$3M
Share Placement
$1.2M
Other Financing Round
$5M
Other Financing Round
$3M
Angel/Seed (2021): $3M with participation from Blume Ventures and Micelio Fund
Share Placement (2022): $1.2M, investors not publicly disclosed
Other Financing Round (2023): $5M supported by Blume Ventures, Climate Angels, Micelio Fund, Anchorage Capital Partners, NB Ventures, Supermorpheus, and Green Frontier Capital
Other Financing Round (2024): $3M featuring Blume Ventures and Green Frontier Capital
Key Investors in ElectricPe
Blume Ventures
Blume Ventures is an India-focused early-stage investment firm that backs founders from seed through scale-up, providing local insight and hands-on support to technology-led businesses.
Green Frontier Capital
Green Frontier Capital is India's first venture capital fund dedicated to sustainable finance, focusing on growth companies that innovate in green industries such as electric mobility and renewable energy.
Climate Angels
Climate Angels is a SEBI-registered Category I Investment Fund that focuses on early-stage investments in climate technology, connecting high-potential startups with investors to drive pollution reduction.
What's next for ElectricPe?
With the infusion of this latest capital, ElectricPe is well-positioned to expand its footprint and enhance its proprietary charging technology. The company is expected to prioritize the densification of its charging network in high-traffic urban centers while simultaneously upgrading its software capabilities to improve grid efficiency and user experience. As the Indian EV market matures, ElectricPe's strategic focus will likely shift toward deepening its partnerships with fleet operators and commercial real estate developers, ensuring that its infrastructure remains the backbone of the nation's transition to sustainable mobility.
See full ElectricPe company page
