In this fast-paced world of electric vehicles (EVs), one startup is making waves, and that is ElectricPe. Founded in May 2021 by Raghav Rohila and Avinash Sharma, ElectricPe is a Bengaluru-based charging aggregator platform that aims to transform the way we charge our EVs.
ElectricPe, The Core Reason behind the Launch
Electric vehicle (EV) usage in India is witnessing remarkable growth, driven by increasing environmental consciousness and government incentives. However, this surge poses a significant challenge – the charging problem. Despite the rising number of EVs on Indian roads, the inadequate charging infrastructure remains a major roadblock. With limited public charging stations, range anxiety and inconvenience hinder EV adoption. To overcome this, innovative startups like ElectricPe are emerging.
ElectricPe’s innovative solution comes in the form of a user-friendly B2C EV charging and demand generation app. Acting as a one-stop platform, ElectricPe empowers EV users to quickly identify, access, and pay for charging points, making e-mobility easier and more convenient. The founders’ expertise and experience from working with prominent names like Ola and Sun Mobility have enabled them to create a seamless ecosystem for EV users.
SourceSignificant Collaborations
But ElectricPe doesn’t stop there. The startup is actively working to monetize its services through strategic partnerships. Collaborations with industry giants like Hero Electric, NoBroker, Electric One, and JSW Group showcase ElectricPe’s commitment to building a widespread charging network across India. By providing charging access in residential complexes, offices, malls, and more, ElectricPe aims to address the pressing need for better-charging infrastructure.
Innovative Infrastructure
Transparency is at the core of ElectricPe’s approach. Users can view the pricing per unit of nearby charging points, ensuring a clear understanding of costs before initiating a charge. This level of trust and convenience is vital in fostering EV adoption and instilling confidence in electric mobility solutions. The company’s free Charger Management Software significantly benefits charger manufacturers and Charge Point Operators (CPOs). It allows them to provide multiple tariff choices, control user access and real-time monitoring of energy.
SourceFunding
ElectricPe’s dedication to solving range anxiety and enhancing charging accessibility has garnered attention and investments. In November 2021, the startup raised $3 million in a seed round led by Blume Ventures and Micelio Fund. It further raised another $5 million in 2023 which was led by Green Frontier Capital, Blume Ventures and Micelio Fund. The funds are being utilized to expand operations throughout India.
The Way Ahead
As India looks to accelerate its electric mobility revolution, ElectricPe stands at the forefront. The startup is paving the way for a greener and more sustainable future. With plans to expand to more cities in the coming months, ElectricPe’s vision of a robust charging network aligns perfectly with the nation’s ambitions to embrace cleaner and eco-friendly transportation.
ElectricPe is a driving force in transforming the landscape of electric vehicle charging in India. With its user-friendly app, strategic partnerships, and dedication to creating a seamless charging experience, ElectricPe is poised to revolutionize e-mobility in India. The startup is going to play a significant role in shaping the future of sustainable transportation in the country. As more cities embrace electric vehicles, ElectricPe’s impact is set to grow, making electric mobility a viable and accessible choice for all.
