RoadGrid, a startup operating in the electric vehicle (EV) charging infrastructure segment, has raised ₹12 crore (approximately $1.33 million) in a Pre-Series A funding round. Venture Catalysts led the round, with participation from a mix of angel investors and early-stage investment networks.
The investor group includes Kamal Puri, Chairman of Skyline Group, Indian Angel Network (IAN), FAAD Network, and LetsVenture. Several high-net-worth individuals also participated, such as Vrinda Goyal of Pace Group, Haresh Patel of Arthanomics, and Maneesh Shrivastav from Alpha Value.
A persistent challenge in India’s EV ecosystem is the lack of uniform charging standards across vehicle categories. Different connectors and power requirements often limit charger usability. RoadGrid aims to address this issue through its patented universal charging hardware.
Unlike conventional chargers that typically support specific vehicle types, RoadGrid’s solution is designed to work across multiple EV segments. This includes two-wheelers and three-wheelers, which form the backbone of last-mile mobility, as well as four-wheelers used for personal and commercial transport.
Besides hardware design, the company follows a dual deployment strategy. It supplies chargers directly to original equipment manufacturers (OEMs) while also developing its own public charging network.
RoadGrid has moved beyond pilot installations and is already supplying charging infrastructure to automotive and energy players. Its chargers are currently used to support Euler Motors’ commercial vehicle fleets. The company is also contributing to charging infrastructure linked to VinFast’s planned entry into the Indian market.
In addition, RoadGrid has deployed charging units at Indian Oil Corporation Limited (IOCL) fuel stations. At the city level, it has an active presence in Indore and Noida. According to the company, more than 1,000 chargers are already in the confirmed deployment pipeline.
While charging hardware remains central to its offering, RoadGrid is expanding its focus on software-driven operations. The newly raised capital will support the development of a cloud-based platform aimed at improving charger management and user access.
The platform is expected to enable real-time monitoring for station operators and offer EV users features such as charger discovery, booking, and digital payments. At the same time, RoadGrid plans to scale up manufacturing to meet deployment commitments linked to its growing order pipeline.
“India’s EV transition is at an inflection point. RoadGrid is building a rare combination of deep-tech hardware and scalable software that addresses the real market gap across vehicle categories,” said Dr. Apoorva Ranjan Sharma, Founder of Venture Catalysts.
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