Wednesday, December 11, 2024

Greenie Energy Powers Up India’s EV Future with $600K Seed Funding

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Greenie Energy Powers Up India's EV Future with $600K Seed Funding

Greenie Energy Powers Up India’s EV Future with $600K Seed Funding

Mumbai, India – Greenie Energy, a pioneering startup in the EV charging technology space, has secured $600,000 in seed funding to accelerate its mission of revolutionizing EV charging infrastructure across India. The funding round was led by Rajesh Advani, Managing Director of Sun-N-Sand Hotels, with participation from AIC Pinnacle Entrepreneurship Forum, Ashwin Ramesh, and Rajaram Ajgaonkar.

A Vision for Scalable EV Charging

Greenie Energy’s innovative approach focuses on providing cost-effective and convenient EV charging solutions for mass-scale deployment. The company’s flagship product transforms standard electrical sockets into smart EV charging points, managed seamlessly through a dedicated mobile application. This technology empowers diverse settings, including residential complexes, commercial buildings, and public parking spaces, to become EV-friendly.

Accelerating India’s EV Transition

With the funding, Greenie Energy aims to significantly expand its operations and achieve its ambitious goal of deploying over 5,000 EV charging points by the end of 2025. This expansion will cater to the increasing demand for EV charging infrastructure in India’s major cities and beyond.

Istayak Ansari, Director and Co-Founder of Greenie Energy, expressed his enthusiasm: “We’re excited to have already installed 550+ charging points at 120+ locations across six Indian cities. This funding will empower us to accelerate our growth, develop innovative in-house products, and solidify our position as a key player in India’s EV revolution.”

A Sustainable Future

As India transitions towards a greener and more sustainable future, Greenie Energy is committed to playing a crucial role in enabling widespread EV adoption. By providing accessible and reliable charging infrastructure, the company is empowering individuals and businesses to embrace electric mobility.

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