News, 19 January 2026
India’s EV charging infrastructure startup RoadGrid has successfully raised ₹12 crore in a Pre-Series A funding round, marking a key milestone in its mission to build a nationwide electric vehicle charging ecosystem.
The round was led by Inflection Point Ventures and Venture Catalysts, with strong participation from strategic and angel investors such as FAAD Network, LetsVenture, Kamal Puri of Skyline Group, Vrinda Goyal of Pace Group, Haresh Patel of Arthanomics, and Maneesh Shrivastav of Alpha Value.
The fresh capital will be strategically deployed to scale RoadGrid’s manufacturing capabilities, deepen its software integration stack, and accelerate the rollout of EV charging stations across India. The company’s growth strategy blends manufacturing of universal EV chargers for OEMs with a Charging-as-a-Service (CaaS) model to build and operate public and commercial charging hubs a dual play that positions it to serve both vehicle makers and end consumers.
This development comes at a critical time as India moves rapidly toward electrification. Projections show the country will need nearly 30 lakh charging stations by 2030, compared to roughly 8,000 currently installed highlighting the scale of the infrastructure gap RoadGrid aims to address.
RoadGrid already has active deployments in cities like Indore, Noida, and at Indian Oil Corporation sites, and reports a strong order pipeline of over 1,000 chargers spanning two-, three-, and four-wheel segments. The company has also forged strategic partnerships for example, developing charging networks with VinFast’s V-Green unit at HPCL outlets and supporting VinFast’s after-sales EV charging network in India.
With this funding boost and its integrated hardware-software approach, RoadGrid is gearing up to become a cornerstone of India’s EV ecosystem, empowering faster adoption of sustainable mobility nationwide.
Compiled using AI
