PE Fund Investments

Macquarie Capital picks up minority stake in ChargeZone

Mint  

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.

Want to receive such news items in your inbox? Click Here to sign up for a trial.

2021 © TSJ Media Pvt Ltd. All rights reserved.