Kazam has secured $8 million in Series A3 funding round led by Vertex Ventures Southeast Asia and India. The round also saw participation from Avaana Capital, Alteria Capital, and other notable investors. The company had previously raised $11.4 million from Avaana Capital Advisors and others.

The new funds will be used to enhance its technology and product teams, enhance platform offerings, and expand market presence.

Founded in 2020 by Akshay Shekhar and Vaibhav Tyagi. It is an EV charging software platform which builds smart and affordable EV charging networks. The platform removes the hassles of EV infrastructure with its software and hardware solutions, designed to support charge point operators, fleet operators, and electricity grids. The startup’s aims to digitize the entire e-mobility value chain, from managing grid energy to fueling EVs and overseeing fleet operations.

According to company, its software enables a diverse range of vehicles, including two-wheelers, commercial electric vehicles (CEV) three-wheelers, and city buses, and claims to serve more than 25,000 charging points. It has recently launched LEV-DC, a fast charging option for electric two-wheelers and three-wheelers that can charge an electric scooter up to 80% in 20 minutes.

The firm has partnered with Zypp, BigBasket,  Mahindra Logistics and other , facilitating 1 million transactions and integrating over 25,500 EV charging devices in the last 12 months.

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