The e-mobility startup plans to use the capital for fleet expansion, expanding to new markets, and its tech-enabled services to customers across the country.
The public charging stations will be functional 24x7 initially with streetlamp integrated EV charging stations (chargeGrid Flare) and subsequently with DC fast chargers
Magenta EV announces Rs 110 crore investment, to develop EV charging solutions
Magenta EV announces Rs 110 crore investment, to develop EV charging solutions
The latest round of Series-A funding will be used by Magenta to develop more EV charging solutions and grow an international footprint.
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UPDATED: May 22, 2021 16:20 IST
Magenta recently launched its streetlamp integrated EV charger, ChargeGrid FLARE, alongside ChargeGrid PRISMA, a residential EV charging solution for high-rises.
HIGHLIGHTS
This latest round of Series-A funding will be used to develop more EV charging solutions and grow an international footprint.
The company recently launched its streetlamp integrated EV charger, ChargeGrid FLARE, alongside ChargeGrid PRISMA, a residential EV charging solution for high-rises.