Kazam, an electric mobility platform that is device-agnostic for Charge Point Operators and Fleet Operators as well as Electricity Grids has raised US$ 3.6 million from Avaana Climate Fund. Third Derivative, Inflection Point Ventures, and We Founder Circle are also investors.
The company is building its flagship EV Fuelling Platform and now aims at building a one-stop electric mobility software platform – digitising the whole value chain, from managing energy on the grid to fuelling EVs to managing a Fleet.
The company was founded by Akshay Shekhar (ex-PepsiCo), Vaibhav Tyagi, and Akshay, Shekhar CEO. It now manages 150,000 kWh per month, with a 10% contribution from international clients in USA, Europe and Asia-Pacific.
Kazam’s fuel management software is used in a variety of vehicles, including city buses, 2W and CEV 3W for local transportation, as well as other types.
Kazam plans to integrate 60,000 swapping and charging stations into its operating system within the next 14-15 months. It plans to expand in other international markets, such as the USA where it has partnerships with two Charge Point Operators that manage 3,000 vehicles. Kazam provides 60+ Charge point Operators in India including large e-commerce companies, 2W OEMs, and Third-party Logistics.
