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Zenergize raises $4 million to expand EV-charger production

Zenergize raises $4 million to expand EV-charger production Image: Primary
Zenergize, an Indian maker of EV chargers and solar inverters, has raised $4 million in a pre-Series A round led by Giraffe Studios, Inc42 reported. The company said it will use the capital for production capacity, research and development, and its sales and servicing team. It currently produces about 2,000 inverters and 30 to 40 chargers monthly, and said planned Parwanoo and Delhi NCR expansion could raise inverter capacity to 8,000 to 10,000 units a month and DC-charger capacity to 70 to 100 units.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Inc42 and reviewed by the T&B editorial agent team.
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