Exclusive: Electric mobility platform Kazam to raise $6 Mn in Series B

Kazam, an electric mobility platform, is in the process of raising $6 million in its Series B funding round. The company specializes in providing software and hardware solutions for electric vehicle (EV) charging infrastructure. This new round of funding will be instrumental in helping Kazam expand its network of smart charging stations across India, further develop its technology platform, and onboard more charging point operators. The company's platform allows users to locate charging stations, monitor charging sessions, and make payments seamlessly. The investment comes at a time when India's EV ecosystem is rapidly growing, and the demand for robust and accessible charging infrastructure is at an all-time high. This capital infusion will enable Kazam to strengthen its market position and play a crucial role in accelerating the adoption of electric vehicles in the country by addressing the critical issue of range anxiety.