RoadGrid, an EV infrastructure firm, raised Rs 12 crore in a new fundraising round, giving India’s electric mobility ecosystem a significant boost. In order to assist the nation’s fast increasing use of electric vehicles, the funds will be used to develop its EV charging network along important highway and urban corridors.

RoadGrid seeks to address accessibility and convenience, two of India’s largest EV problems, in response to the growing demand for dependable charging infrastructure.

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RoadGrid will be able to expand its fast-charging stations throughout residential hubs, business areas, roads, and fleet depots with the assistance of the recently raised funds. The business intends to install intelligent, high-efficiency chargers that work with a variety of EV models, such as two-, three-, and four-wheelers.

Enhancing software-backed charging management, which enables real-time monitoring, smooth payments, and an enhanced user experience, will also receive a sizable chunk of the funding.

Growing investor trust in India’s EV infrastructure sector is reflected in RoadGrid’s successful fundraising. Charging networks are becoming an essential facilitator of long-term adoption as sales of electric vehicles soar.

Investors see RoadGrid as a future-ready, scalable infrastructure that supports government programs including Net-Zero goals, FAME, and the National Electric Mobility Mission.

RoadGrid hopes to lessen range anxiety and make EV ownership more feasible for Indian consumers through its expansion strategy. The startup is positioned as a major participant in India’s clean transportation path thanks to its emphasis on interoperability, uptime reliability, and strategic charger placement.

RoadGrid’s expanding charging network may be crucial in driving the next stage of EV adoption as India transitions to a sustainable mobility future.

The Rs 12 crore funding milestone achieved by RoadGrid demonstrates the growing momentum in India’s EV infrastructure industry. The business is laying the groundwork for a greener, electric-first future by constructing a reliable and easily accessible charging network.