EVamp Technologies, the company behind Mobilane, its pan-India electric vehicle (EV) charging network, has raised ₹7 crore in its maiden funding round. The fresh capital will be utilized to expand the company’s EV charging infrastructure nationwide while also accelerating in-house manufacturing of AC chargers and Light Electric Vehicle (LEV) DC chargers.
Founded to address the gaps in India’s fast-evolving clean mobility ecosystem, EVamp Technologies has established itself as a new-age EV infrastructure provider. Through its Mobilane platform, the company owns and operates a smart charging network that spans urban, residential, and highway infrastructure. Its integrated hardware and software solutions, coupled with the design and manufacturing of AC and LEV DC chargers, are central to its vision of building a high-performance EV ecosystem.
Commenting on the fundraise, Devansh Shah, Founder of EVamp Technologies Pvt. Ltd., said: “This funding marks a major milestone in our journey. Since inception, our focus has been on building a high-performance, future-ready EV charging network. We have developed deep capabilities in charger technology and operations, and with this investment, we are well-positioned to rapidly scale manufacturing for AC and LEV DC chargers and lay the foundation for a sustainable EV infrastructure across the country.”
Co-founder Gunjan Mehta emphasized the company’s operational and financial discipline, adding: “EVamp is built on strong fundamentals of technological innovation, operational efficiency, and financial sustainability. We are proud to be the only Charge Point Operator (CPO) in India to achieve PAT (Profit After Tax) positivity even before raising external capital. This speaks to the strength of our robust business model and disciplined approach.”
He further highlighted the company’s future roadmap: “As we expand and start manufacturing at scale, we remain committed to creating a sustainable ecosystem that delivers long-term value to our users, partners, and investors, while supporting India’s clean mobility mission.”
With this funding boost, EVamp Technologies is set to strengthen its position as one of India’s most promising EV infrastructure firms, combining indigenous manufacturing capabilities with scalable charging solutions to accelerate the country’s transition toward sustainable mobility.
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