VC Fund Investments
EV charging solutions provider goEgoNetwork raises $8-M in Series A
goEgoNetwork, an electric vehicle charging infrastructure solutions provider operated by Pune-based (operated by Impactware Technology Solutions Private Limited), has raised USD 8 million in a Series A funding round from venture capital funds and high-networth individuals (HNIs). The firm claims to have a robust product range consisting of both AC and DC charging stations starting from 1.1kW AC going up to 60kW DC. It has more than 1,000 charging points across 55 cities in 15 states. The new funds will be used for installing the fast DC charging station product line and expanding infrastructure in six cities. goEgoNetwork had previously raised USD 2 million in a seed funding round to expand its existing electric charging network.
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