EV charging infrastructure startup RoadGrid has raised Rs 12 crore ($1.33 million) in pre-Series A funding round led by Venture Catalysts, with participation from a mix of strategic and angel investors.
The round also saw backing from Kamal Puri (Skyline Group), IPV, FAAD Network, LetsVenture, Vrinda Goyal (Pace Group), Haresh Patel (Arthanomics), and Maneesh Shrivastav (Alpha Value).
The proceeds will be used to scale manufacturing, expand software integrations, and accelerate nationwide rollout of charging stations.
RoadGrid is building patented universal EV chargers that work across vehicle categories, including two-wheelers, three-wheelers, and four-wheelers. Alongside hardware, the company is developing a cloud-based software platform to manage charging operations and improve the end-user experience.
RoadGrid operates across two segments. The first focuses on manufacturing and supplying chargers to EV OEMs, covering off-board and fast DC charging needs. The second involves setting up and operating public and commercial charging stations.
The firm has active deployments in locations including Indore, Noida, and IOCL sites, and claims a confirmed pipeline of over 1,000 chargers. It also supplies chargers to EV manufacturers and fleet operators, with deployments supporting companies such as Euler Motors and VinFast’s India network.
