We started with a question: “What would it take to electrify every corner of India: safely, affordably, and intelligently?”

In 2020, when EV owners were charging scooters on balconies or through wires hung five floors up, Kazam launched its first charger in JP Nagar, Bengaluru. Since then, we’ve grown into India’s largest energy stack for mobility, powering the EV ecosystem, resulting in:

• We’ve deployed and managed 68,000+ chargers through OEM partnerships, our public network, and shared models like Park & Charge and quick-commerce hubs
• We’ve delivered 45 GWh of energy to EV users and fleets, enough to take an electric scooter on a round trip to the Moon 2,340 times
• We power over 20 million electric kilometers every month, by supporting some of the largest last-mile and quick-commerce fleets.
• We’ve prevented 46,000 tons of CO₂ annually, equivalent to cutting out 5.2 million gallons of gasoline.
• Through our offerings and scale, our presence is now in 10 countries across SEA, MENA & North America

We began by partnering with fleet operators, Lightning Logistics was our very first customer. We didn’t just install chargers; we helped design the entire charging ecosystem, from infrastructure to the driver experience. Once proven, we expanded our focus to OEMs, enabling safe and accessible home charging for their EV users.

Since 80% of EV charging in India happens at home, we knew that solving for residential charging was key to making the transition reliable and future-proof. Today, we work with leading OEMs like Bajaj, Mahindra, Ather, TVS, and others to support 2- and 3-wheeler riders, the earliest adopters of EVs in India. This focus helped accelerate 3-wheeler EV adoption to 22%, moving it into the early majority segment.

Building on this foundation, we scaled to serve CPOs and fleet operators across both light and heavy vehicles, delivering infrastructure, smart technology, and ongoing support. With forward-looking partners like HPCL, we’ve helped manage their charging network at scale. Today, we power 400 charging sessions every hour across their stations. Most recently, we co-founded the Unified Energy Interface (UEI) to set industry-wide standards and drive interoperability across the EV ecosystem.

In the past year alone, we launched LEVDC: the world’s first interoperable fast chargers with customizable outputs and connectors, built fleet-first CMS infrastructure for scale, and laid the foundation for p2p energy trading with Buzz.

Through it all, we’ve been building more than just products; we’ve been assembling a robust, interoperable energy stack for the entire e-mobility value chain.

Today, we're proud to announce a $6.2 million fundraise led by the International Finance Corporation (IFC), along with Vertex Ventures Southeast Asia & India, Avaana Capital, and Chakra Growth Fund. This isn’t just capital, it’s conviction in our vision to be the digital layer powering a standardized, energy-resilient EV future.

Our mission remains clear: to build the digital rails for the clean mobility economy, not just for today, but for the next decade. Behind this momentum is a tribe of 300+ engineers, product thinkers, partnership teams, and ground staff. This raise validates years of cost-effective innovation, deep listening, and relentless execution. Hear from some of the people building this future:

Vaibhav Dagar, Director of Engineering, Kazam
"From day one, our goal wasn’t just to build an app or CMS , it was to build for impact. I’ve always believed in the power of software to move industries, and mobility was the space where tech could meaningfully cut emissions. In our second year, we decided to go beyond apps and create a plug-and-play stack, a kind of AWS for e-mobility, that others could build on. Seeing our first white-labeled app go live with a partner, and watching a fleet charge through what we’d built, those were my happiest moments. Because that’s when it stopped being a prototype, and became part of the movement."

Swapnajith Banerjee, Co-Founding Member, IoT Tech Lead, Kazam
“When we started, there was no playbook, most people didn’t even know they needed a charging station. We were building not just tech, but new habits. So, usability became our core focus. From day one, we invested in genuine, ground-up technology that could make EV charging intuitive for the end user. That’s what led us to develop KCPP, a lightweight, offline-capable protocol that could handle time-based and money-based transactions, something OCPP didn’t natively offer at the time. We even enabled Bluetooth-based charging for areas with poor network. Today, as we expand into energy and explore peer-to-peer models, our mission remains the same: build tech that empowers the user, not overwhelms them.”

Samineni Rohith, Co-founding Member-Firmware Lead, Kazam
“In the early days, we built our first Level 1 chargers from scratch, tested them on the ground, brought those insights back to the lab, and kept iterating. As we scaled, we realised the need for a lightweight protocol that could work offline, on low-cost microcontrollers, and in constrained network conditions. That’s how the Kazam Protocol was born, designed with India’s unique unit economics and grid realities in mind. We later integrated OCPP to ensure full interoperability, but building the Kazam Protocol gave us the speed and flexibility to deploy at scale. One of my proudest moments was integrating different chargers across HPCL sites and OEM fleets connected to the CMS and streaming live data, that’s when it became clear we were building more than devices; we were laying the groundwork for a connected, standardised future.”

Magareshwari, Project Manager - Hardware Initiatives
“In the early days, our goal was simple, just get reliable chargers to the 3-wheeler drivers who needed them. There was no roadmap. We’ve gone from building 100 units by hand to setting up processes that scale. As we continued working on EV charging we realised that it’s not just chargers we needed to build, but the infrastructure to support it. After having built the base for EV charging in India, we’re focused on building standardised solutions for the future which might look like fast charging, scheduled charging, smarter manufacturing, advocating for standardisation in the hardware space and more. This is the part I’m focused on every day.”

Akshay Ingalahalli, AVP Product, Kazam
“When we started, India’s EV landscape was fragmented and unstructured, there was no clear product-market fit, especially for software. But that’s exactly what made it worth building for. Over time, we bet on modularity, AI-first thinking, and energy management as foundational pillars. Today, we’re not just building software, we’re creating the digital infrastructure to consolidate a scattered industry. I believe Kazam is in a uniquely strong position to lead that transformation and standardise how India, and the world, charges.”

Vagish Prasad, Finance Manager, Kazam
“At Kazam, we’ve always believed that building for the long term means shaping standards, not just following them. From foundational products to protocols that serve the industry’s future, our journey has been made possible by the unwavering support of our banking partners, and investors like IFC, Vertex, Avaana, Chakra Growth Fund, and our angel investors and grant partners. This isn’t just capital, it’s shared conviction in building resilient infrastructure for clean mobility at scale.”

Vani Vivek, AVP Marketing, Kazam
"Even during my time at Inshorts, I was drawn to technology and the power of product. What excites me about Kazam is the opportunity to build not just the tech, but also the brand, in a category where there is no playbook yet. Marketing energy tech is uncharted territory, and that’s exactly what makes it worth building. At Kazam, we’ve never just looked at EV charging as a product category, we’ve approached it as a system that needed to be reimagined. From day one, we’ve been connecting distinct pain points across the value chain, looking 10 years ahead to not just participate in the sector, but to shape it. Our core identity is rooted in collaboration, building solutions designed for scale, with interoperability and inclusivity at their core. Having backers like the World Bank reinforces our belief that this is the right way to build, not just fast, but meaningfully. "

From building chargers that work in old Indian buildings with poor grounding, to creating community-based Park & Charge hubs for 3-wheelers, to managing over 35 GWh of energy, Kazam’s future-first innovation is changing lives.

Born in India and built for the world, we are a fast-growing energy-tech platform reshaping how vehicles get fueled, sustainably, intelligently, and at scale. From last-mile delivery vans to everyday two-wheelers, we are making charging simple, reliable, and accessible across urban, rural, and fleet use-cases, and we hope to continue this work with this investment.

This funding from the World Bank validates not just Kazam’s technology, but the market trust we’ve built through consistent storytelling, strategic positioning, and on-ground proof. We’ve moved the narrative from EV charging to energy orchestration, and that clarity has powered real traction. From onboarding India’s largest fleets to launching grid-integrated pilots like Buzz, marketing has been the engine aligning customers, policymakers, and partners to our mission. This isn’t just growth, it's momentum built on relevance, modularity, and belief. The World Bank’s backing marks a turning point, and we’re just getting started.