Investment in Statiq


Unlike other major economies, India’s public EV charging infrastructure is in its infancy. Having one of the worst air pollution problems in the world, India’s government started to incentivize EV use. As ongoing research suggests, the Indian EV charging market will reach $10B by 2025. Statiq is the largest EV charging network in India. It allows EV owners to find, book and pay for the nearest chargers, while lets the hosts monetize their chargers which otherwise would be idle.

This round of investment will provide Statiq with growth capital, necessary for their expansion on their way to becoming the largest EV charging network globally.