Greenie Energy has raised $600,000, or around ₹5 crore, in startup money. The funding came from well-known sponsors like Rajesh Advani, the managing director of Sun-N-Sand Hotels, Ashwin Ramesh, co-founder of Primary Advisors, the AIC Pinnacle Entrepreneurship Forum, and Rajaram Ajgaonkar of R M Ajgaonkar and Associates, chartered accountants.
The funds will be used to support Greenie Energy’s audacious plan to install over 5,000 EV charging stations across India by the end of 2025. The company also aims to develop innovative, scalable solutions for India’s expanding EV market.
The primary characteristics of Greenie Energy’s products are their affordability and usefulness; they may be applied in a variety of contexts, such as public parking lots, commercial buildings, and housing societies. Its signature innovation, which can be conveniently operated using a certain smartphone application, may convert ordinary electrical outlets into intelligent EV charging stations. As India speeds up its shift to cleaner transportation, Greenie Energy is well-positioned to play a significant role in satisfying the country’s growing EV needs thanks to its dependable and accessible charging infrastructure.
“We are happy to have installed more than 550 charging stations in 120 locations across six cities in collaboration with housing societies, real estate developers, and hospitality organizations,” said Istayak Ansari, director and co-founder of Greenie Energy. “With this funding, we will be able to expand our network to reach the target of 5,000 charging points by 2025 and develop next-generation products to support the EV transition.”
