Greenie Energy has successfully raised seed capital of $600,000, or roughly ₹5 crore. Prominent backers such as Ashwin Ramesh (Co-Founder of Primary Advisors), Rajesh Advani (Managing Director of Sun-N-Sand Hotels), AIC Pinnacle Entrepreneurship Forum, and Rajaram Ajgaonkar (R M Ajgaonkar and Associates, Chartered Accountants) provided the money.
The money will go towards Greenie Energy’s ambitious goal of setting up more than 5,000 EV charging stations throughout India by the end of 2025. Additionally, the business wants to create scalable, creative solutions for India’s growing EV market.
Affordable and practical solutions are the main features of Greenie Energy’s products, which may be used in a range of settings, including public parking lots, business buildings, and housing societies. Standard electrical outlets may be transformed into intelligent EV charging stations using its flagship innovation, which can be easily controlled via a specific smartphone application. With its reliable and easily available charging infrastructure, Greenie Energy is well-positioned to play a key role in meeting India’s expanding EV needs as the country accelerates its transition to cleaner transportation.
“We are pleased to have worked with housing societies, real estate developers, and hospitality organizations to install over 550 charging stations in 120 locations throughout six cities,” stated Istayak Ansari, Director and Co-Founder of Greenie Energy. “With this funding, we will be able to develop next-generation products to support the EV transition and expand our network to reach the target of 5,000 charging points by 2025.”
