Kazam, India's first intelligent IoT based charging station, has raised Rs 7 crore in a seed round led by Inflection Point Ventures, one of the largest angel investment platforms in India.
The funds raised will be used for product development, ramping up sales, operations and marketing, as Kazam continues to provide electric vehicle (EV) harging stations made in India, and has set up over 30 charging stations in 5 states – Karnataka, Maharashtra, Delhi/NCR, Telangana and Tamil Nadu.
In a short span of 5 months, Kazam has built the hardware & software tech for affordable and smart EV charging infrastructure.