Battery swapping co for e-rickshaws Chargeup raises funds from MapmyIndia, others

New Delhi-based Chargeup, a battery swapping network for e-rickshaws founded by Varun Goenka and Akshay Kashyap in 2019, has raised funding in its ongoing Pre-Series A round, which was led by MapmyIndia with participation from a group of HNIs. Chargeup has adopted an advanced technology driven approach to offer Battery as a Service (BaaS) solutions to e-rickshaw drivers. It will use the funds for marketing for customer acquisition and to build the tech stack.