Kerala-Based EV Charging Startup chargeMOD Secures ₹25 Million Funding to Drive Product Expansion
Kerala, India – In a significant boost for the burgeoning electric vehicle (EV) ecosystem in India, Kerala-based startup chargeMOD has successfully raised ₹25 million (~$301,291) in a pre-seed investment round led by Phoenix Angels. The infusion of funds will serve as a catalyst for chargeMOD's ambitious plans to amplify its product offerings and extend its services within the country's dynamic EV sector.With an impressive portfolio encompassing the management of over 2,000 EV chargers, ranging from residential setups to commercial charging points, chargeMOD has established itself as a key player in the EV charging solutions landscape. In tandem with its hardware endeavors, the company has developed a user-friendly mobile application designed to facilitate seamless navigation to nearby charging stations.Bolstered by its current achievements, chargeMOD is determined to broaden its footprint in…
