Private Equity PE Fund Investments
Macquarie Capital picks up minority stake in ChargeZone
Source Mint (opens in a new tab)
Macquarie Capital has acquired a "substantial minority stake" in ChargeZone , a Vadodara-based company specializing in high-speed electric vehicle (EV) charging networks.
Currently, ChargeZone operates over 3,500 charging points across more than 1,500 EV charging stations in 37 cities, covering over 20,000 km of highways. It has ambitions to reach 1 million charging points by 2030.