Indore-based EV charging infrastructure startup RoadGrid has raised ₹12 crore in a pre-Series A funding round led by Venture Catalysts.
The round also saw participation from Kamal Puri of Skyline Group, IPV, FAAD Network, LetsVenture, Vrinda Goyal of Pace Group, Haresh Patel of Arthanomics, and Maneesh Shrivastav of Alpha Value.
According to the company, the fresh capital will be used to scale charger production, strengthen software integrations, and support nationwide deployment of its charging network.
Founded in 2020 by Deepesh Shrinath, RoadGrid builds universal EV chargers that are designed to work across two-wheelers, three-wheelers, and four-wheelers. Along with hardware, the startup is developing a cloud-based platform to manage charging operations, enable remote monitoring, and improve the overall charging experience for users and operators.
RoadGrid focuses on two verticals, delivering fast DC and off-board chargers to EV makers and fleet operators, and developing and operating public and commercial charging hubs.
The startup has active deployments in Indore, Noida, and at Indian Oil fuel stations, with a confirmed pipeline of over 1,000 chargers supporting players such as Euler Motors and VinFast’s India network.
As of March 2025, the company reported annual revenue of ₹2.57 crore and plans to use the fresh capital to expand its presence across fuel stations, smart city projects, and logistics hubs as EV adoption scales nationwide.
