Green Frontier Capital has announced its investment in ElectricPe’s pre-Series A round, following its initial investment in the Seed round in 2022. Bengaluru-based ElectricPe secured USD 3 million in the funding round that also witnessed participation from existing investors, including Blume Ventures, Micelio Fund, and NB Ventures.
Under the visionary leadership of founders Avinash Sharma and Raghav Rohila, ElectricPe has demonstrated a remarkable commitment to providing efficient and accessible EV charging infrastructure. Additionally, ElectricPe has partnered with Google to integrate their EV charging services into Google Maps, making it easier for users to find charging stations.
“This decision to double down on our investment underscores our strong confidence in ElectricPe’s exceptional market leadership and innovative approach to advancing electric mobility,” announced Green Frontier Capital on its social media page.
ElectricPe is expected to use the funds to expand its services to new locations and solidify its position in the sector. Earlier this month, ElectricPe opened its new store in Mandya, Karnataka. The company is one of the leading electric mobility platforms in India.