DroneAcharya’s Profit Jumps Over 700% YoY To INR 3.42 Cr

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Kazam, a Bengaluru-based startup that provides an end-to-end solution for managing electric vehicle (EV) charging stations, has raised $3.6 million in a seed funding round. The funding was led by Vertex Ventures Southeast Asia and India, along with participation from Beenext, AngelList, and a group of angel investors. Kazam plans to use the funds to expand its product offerings, strengthen its technology platform, and grow its team.

Kazam’s EV charging station management system includes hardware devices that are installed at charging stations to monitor and control the charging process, as well as a cloud-based software platform that enables station operators to manage and monitor their charging stations remotely. The system also includes a mobile app that allows EV drivers to locate and reserve charging stations, pay for charging services, and track their charging sessions.

According to Kazam, its system is currently deployed at more than 500 charging stations in India, and the company plans to expand its presence to other markets in the region. The company’s customers include large EV fleet operators, as well as retail and commercial real estate developers who are installing charging stations at their properties.

Kazam, a Bengaluru-based startup, has raised $3.6 million in a funding round led by venture capital firm Iron Pillar, with participation from Bharat Innovation Fund and Aaruha Technology Fund. The startup plans to use the funds to scale up its operations and expand its customer base. Kazam has developed a cloud-based software platform that enables electric vehicle (EV) charging station operators to remotely manage and monitor their charging stations in real-time. The platform allows operators to control access to their charging stations, track usage and revenue, and receive alerts when a charging station requires maintenance or repairs.

Kazam’s software is designed to work with any type of EV charging station, including those made by different manufacturers. The startup currently has around 500 charging stations on its platform, and aims to add 10,000 charging stations to its network in the next 12 months.

The EV market in India is expected to grow significantly in the coming years, driven by government incentives and increasing consumer demand for sustainable transportation solutions. With its EV charging station management system, Kazam is well-positioned to capitalize on this growth and play a key role in India’s transition to electric mobility. DroneAcharya provides drone-based solutions such as surveying, mapping, and inspections, and offers a range of services such as drone rentals, training, and maintenance. The company has worked with clients in sectors such as agriculture, construction, mining, and renewable energy.