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GoEgo raises 60 cr in series A

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The Pune based electric vehicle charging provider GoEgo Network has announced that it has raised series A equity funding of around Rs 60 crore from various global investors, as well as HNIs, with the company planning to use the funding to multiply its EV charger reach across the country, both in AC and DC chargers.

According to GoEgo, the funding round was led by existing investors and businessmen Rishi Kumar Bagla and Olivier Guillaumond, as well as Aisha Ventures.

GoEgo currently has a network of around 1,000 chargers across 55 cities. The company had previously completed a seed funding round of Rs 15 crore, to expand its network. The current funding will help them expand to around 8,500 chargers, especially in its DC fast-charging range.