RoadGrid Secures Fresh Capital to Scale EV Charging Network as India Targets 100 Million Electric Vehicles – EQ
In Short : EV charging infrastructure company RoadGrid has raised fresh funding to accelerate its expansion across India, aligning with the country’s ambition to support up to 100 million electric vehicles by 2030. The investment will help scale manufacturing, strengthen software capabilities, and deploy charging stations nationwide, supporting India’s rapidly growing electric mobility ecosystem.
In Detail : RoadGrid, an emerging player in India’s electric vehicle charging infrastructure space, has raised new capital in a pre-Series A funding round aimed at supporting its next phase of growth. The funding comes at a critical time as India accelerates its transition toward electric mobility across personal, commercial, and fleet transportation segments.
The newly raised funds will be directed toward expanding RoadGrid’s manufacturing capacity for EV chargers, enabling the company to meet rising demand from automakers, utilities, fleet operators, and public infrastructure providers. Increased production capability is expected to play a key role in ensuring faster deployment across urban and semi-urban markets.
A significant portion of the investment will also be used to enhance RoadGrid’s cloud-based software platform. The platform enables real-time monitoring, remote management, and seamless integration of charging stations, helping improve operational efficiency and user experience for both operators and EV owners.
RoadGrid focuses on developing universal and interoperable charging solutions designed to cater to India’s diverse EV landscape, which includes two-wheelers, three-wheelers, passenger cars, and light commercial vehicles. This flexibility allows the company to address multiple segments of the EV market with a single technology framework.
The company operates across both supply and operations, providing charging equipment to businesses and government entities while also developing and managing charging stations. This blended approach allows RoadGrid to create long-term partnerships and recurring revenue streams while supporting infrastructure scale-up.
RoadGrid already has charging installations operational in multiple Indian cities and maintains a strong project pipeline for future deployments. Collaborations with energy companies, utilities, and mobility partners are helping the startup expand its footprint in strategic locations with high EV adoption potential.
India’s electric vehicle roadmap projects 80 to 100 million EVs on the road by the end of the decade, creating a massive requirement for accessible, reliable, and fast charging infrastructure. Companies like RoadGrid are positioned at the center of this transformation, addressing one of the most critical bottlenecks in EV adoption.
Government incentives, policy support, and growing consumer acceptance of electric vehicles are creating favorable conditions for infrastructure-focused startups. Increased investor interest reflects confidence in the long-term growth prospects of the EV charging sector in India.
With fresh funding, an expanding technology stack, and a clear growth strategy, RoadGrid aims to play a meaningful role in building the backbone of India’s electric mobility ecosystem. Its expansion efforts are expected to contribute to reduced emissions, improved energy efficiency, and a more sustainable transportation future for the country.
