Indian EV Charging Startup Kazam Posts $4.4m Revenue in FY25


  •  Indian EV Charging Startup Kazam Posts $4.4m Revenue in FY25

Indian EV charging and energy-management platform Kazam reported revenue of ₹40 crore (US$4.4 million) in FY25, marking a 3.5-fold year-on-year increase, underscoring the rapid expansion of India’s electric mobility ecosystem.

Based in Bengaluru, Kazam said it now manages more than 120,000 chargers nationwide and has enabled over 7 million charging sessions to date. Over the past six months, the platform recorded a 76% rise in charger integrations and a 60% increase in energy sessions, reflecting growing adoption across residential, workplace, and public charging networks.

The company currently handles over 9,000 megawatt-hours (MWh) of energy transactions every month, representing a 60% increase since June 2025. Its software platform supports a wide range of charging use cases, including private homes, commercial facilities, fleet depots, and public infrastructure.

Key Highlights: 

  • Kazam reports 3.5x revenue growth in FY25 on rising EV adoption
  • Charger integrations and energy sessions surge across India’s EV networks
  • Platform expansion and partnerships support India’s accelerating electric mobility push

Kazam partners with more than 14 original equipment manufacturers (OEMs), including Maruti Suzuki, and collaborates closely with regional electricity distribution companies (DISCOMs), bus depots, and fleet operators.

Also Read: Naver & Kakao Accelerate Agentic AI Push Ahead of 2026 Launches

In June 2025, Kazam completed its Series B funding round, taking total capital raised to US$19.2 million. The company plans to deploy the fresh funds toward research and development, network expansion, and strengthening ecosystem partnerships to support India’s accelerating EV transition.



Source link

Leave a Reply