RoadGrid raises INR120m pre-Series A led by Venture Catalysts
The EV charging company is expanding charger manufacturing and public and commercial charging networks.
RoadGrid’s INR120 million pre-Series A was reported on January 8, 2026, with Venture Catalysts leading the financing. Inflection Point Ventures, FAAD Network, LetsVenture and strategic angel investors also participated.
The company combines charger sales to vehicle manufacturers with the operation of public and commercial charging stations. At the announcement, it reported active deployments in Indore and Noida and work through Indian Oil Corporation. The financing supported a business spanning hardware production, charging-management software and on-site operations. This January round preceded the separate government assistance announced for its manufacturing project in July.
Use of funds
Scale universal EV chargers
Expand public and commercial charging networks
Strengthen the technology platform