Kazam: Driving the Next Wave of EV Innovation in India

When you think of electric vehicles (EVs), the first thing that comes to mind might be Tesla, Ola Electric, or charging stations popping up in malls and highways. But behind the scenes, it’s platforms like Kazam that are making EV adoption smarter, seamless, and scalable across India.

Founded in 2020, Kazam has emerged as a silent force in India’s EV revolution—providing the tech infrastructure that ensures EVs don’t just exist, but thrive. And with their latest $6 million Series B funding round, Kazam is poised to make an even bigger impact.

Let’s break down how this startup is powering India’s clean mobility future.

Also Read: Stride Green Raises $3.5M: A Bold Leap in Climate-Tech Financing

What is Kazam?

Kazam is an electric mobility software platform that connects EV users, charging station owners, and mobility providers on one unified network. Think of it as the “backbone” of EV charging—managing everything from:

• Charging station availability
• Remote diagnostics and uptime
• Data analytics and usage patterns
• Fleet charging for 2-wheelers, 3-wheelers, buses, and CEVs

With over 25,000 charging points integrated across India, Kazam is one of the few platforms working at scale in a largely fragmented ecosystem.

Kazam’s $6 Million Series B: What You Need to Know

In June 2025, Kazam raised $6 million (~₹51 crore) in its Series B funding round. The round was led by Vertex Ventures, with participation from Avaana Capital and Chakra Growth Capital.

Key Financial Details:

• Amount Raised: $6 million
• Lead Investor: Vertex Ventures
• Post-Money Valuation: ~$51 million
• Ownership After Round:
  • Vertex Ventures: ~22.9%
  • Avaana Capital: ~17.0%
  • Chakra Growth Capital: ~1.5%

This fresh infusion of capital is expected to fuel product development, enhance Kazam’s team, and expand the company’s national footprint.

Why This Matters: The EV Ecosystem Needs Kazam

India’s EV adoption is growing fast—but it’s outpacing the infrastructure needed to support it. While EV sales have surged, charging station availability, reliability, and software intelligence remain serious gaps.

That’s where Kazam steps in. Here’s what makes them stand out:

1. Data-Driven Infrastructure

Kazam’s platform doesn’t just track locations—it analyzes demand, usage trends, and optimal charging times using AI and big data.

2. Partner Integrations

Major clients like BigBasket, Mahindra, Hero MotoCorp, and multiple city governments already rely on Kazam’s platform to manage charging logistics.

3. Universal Compatibility

Their software integrates with a wide range of chargers and vehicles, from 2-wheelers to city buses.

4. End-to-End Visibility

From the app to analytics, Kazam ensures EV owners and charging station operators have a full view of the system.

The Founders and Vision Behind Kazam

Kazam was founded by Akshay Shekhar and Vaibhav Tyagi with a clear vision: to make EV charging as easy and reliable as topping up your phone.

Their background in technology, combined with a deep understanding of India’s mobility challenges, helped them build a platform that’s both practical and scalable.

How Kazam Plans to Use the Funds

According to regulatory filings and insider reports, here’s how Kazam plans to deploy the Series B capital:

• Tech R&D: Enhancing predictive analytics and platform stability
• Team Expansion: Hiring across tech, sales, and customer success
• Partnerships: Building more B2B deals with fleets and cities
• Geographic Expansion: Penetrating Tier 2 and 3 cities

The Road Ahead: Challenges & Opportunities

While Kazam is in a strong position, the road isn’t without bumps.

Challenges:

• India still has inconsistent power supply in many areas
• Regulatory uncertainty around EV incentives
• High hardware costs for charging infrastructure

Opportunities:

• Government’s FAME-II scheme promoting EV adoption
• Rising fuel prices pushing demand for electric alternatives
• Urban mobility companies seeking fleet electrification

If Kazam can continue executing on its roadmap, it’s not just building software—it’s building the future grid for India’s clean mobility.

Why Kazam Deserves Your Attention

Kazam is not just another EV startup. It’s the invisible infrastructure quietly powering the revolution. As India races toward its net-zero goals and electrified future, platforms like Kazam will determine how smooth—and how smart—that journey is.

With fresh funding, major partners, and a clear mission, Kazam is well-positioned to lead the next decade of India’s mobility story.

Aslo Read: Kosmc AI Just Raised ₹1.6 Cr—Here’s Why the Creator Economy Is Watching