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EV Super App 'ElectricPe' drives $3 million in Pre-series A

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Electric vehicle super-application ElectricPe has brought $3 million up in pre-Series A round directed by Green Frontier Capital alongside support from its current financial backers Blume Adventures, Micelio Asset, and NB Ventures.

The Bengaluru-based organization had recently brought $5 million up in pre-Series A round from its current financial backers. The newly raised capital will be utilized for development, development drives, and extension to new geographic areas, ElectricPe said in a public statement.

Co-Founded in by Avinash Sharma and Raghav Rohila in May 2021, ElectricPe is a full-stack super - application that permits clients to recognize, access and pay for EV charging focuses no matter what their charging type.

The multi-brand stores on the platform offer EV financing, maintenance, and subscription plans as well as a wide selection of E-2 wheelers for potential buyers to choose from. As of late, ElectricPe teamed up with Google which empowers clients across India to see the accessibility and status of charging focuses continuously.

ElectricPe says that it works in excess of 25,000 public chargers and cases to have caught more than 15% of the share in the market of all private EV 2-wheeler deals in Bengaluru in 8 months or less.

ElectricPe may compete with other startups in EV industry, including e-Amrit, Statiq, PlugShare, and others, either directly or indirectly.

Green Frontier Capital is a beginning phase VC fund and upheld a portion of the key startups like Battery Smart, BluSmart Mobility, E-Motorad, Nutrifresh among others.

ElectricPe is an India’s leading Electric Mobility startup working towards smarter, greener and sustainable future. Dedicated to deliver an effortless EV ownership and charging experience, ElectricPe has been providing products and services to offer a secured EV experience and drive exponential growth.