Chargeup raises $2.5 Mn in pre-Series A round

Chargeup, a battery swapping network for electric two- and three-wheelers, has raised $2.5 million in its pre-Series A round led by Capital-A and co-led by Anicut Capital. Tiger Shroff, Aman and Sameer Gupta (founders of boAt), and Shraddha Kapoor have also participated.  The funding will be used for expansion of Chargeup’s network to new cities and building larger capacities to meet the growing demand. Founded by Varun Goenka and Ankur Madan, Chargeup offers battery as a service (BaaS) with lightweight Lithium batteries that can be swapped at multi swap points. Continue reading Chargeup raises $2.5 Mn in pre-Series A round at Entrackr.

Chargeup raises $2.5 Mn in pre-Series A round

Chargeup raises $2.5 Mn in pre-Series A round

Chargeup, a battery swapping network for electric two- and three-wheelers, has raised $2.5 million in its pre-Series A round led by Capital-A and co-led by Anicut Capital. Tiger Shroff, Aman and Sameer Gupta (founders of boAt), and Shraddha Kapoor have also participated. 

The funding will be used for expansion of Chargeup’s network to new cities and building larger capacities to meet the growing demand.

Founded by Varun Goenka and Ankur Madan, Chargeup offers battery as a service (BaaS) with lightweight Lithium batteries that can be swapped at multi swap points.