Startup Atlas · Clean Tech

ChargeZone

TecSo ChargeZone Limited ● Vadodara, Gujarat ● Founded 2018 ● chargezone.co.in ↗
Kartikey Hariyani · Founder & CEO Pavan Bakeri · Co-founder
$86 MnTotal funding (tracked)
6Funding rounds
30 Apr 2024Last round

ChargeZone: Business Model Canvas

The nine-block Business Model Canvas, filled in only where a public source states it — empty blocks mean we haven't found a citable fact yet, not that the answer is zero.

Value Propositions

High-speed public EV charging infrastructure source
Fully integrated hardware + software + energy stack source
Rapid, sustainable charging experience source

Customer Segments

Fleet operators (e-buses, e-trucks, e-cars)

Commercial EV fleets, including electric bus and truck operators plus car fleets, served via ChargeZone's charging station network.

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Individual EV owners & businesses

Retail EV drivers and businesses that need parking, energy supply and route information for EV charging.

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Customer Relationships

ChargeClub loyalty & rewards program

Tiered rewards program (Bronze to Red) offering charging discounts and partner-coupon redemptions for members.

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Channels

ChargeZone mobile app

App for locating stations, starting charging sessions and account/RFID management.

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RFID card

Contactless RFID card for starting charging sessions at stations.

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Key Activities

Charging station network management

Operating and managing charge-point infrastructure, users and stations through a central software platform.

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Key Resources

ChargeCloud charging-management platform

Proprietary cloud/IoT software platform to manage, monitor and control charging infrastructure.

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Pan-India charging station network13,500+ charging points source

Key Partnerships

OEM and location/hospitality partnerships

Locational and eMobility partnerships with automakers and commercial/hospitality property chains for charging station placement.

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Revenue Streams

Franchise partner feesStarting at ₹20 lakhs

Third parties invest to set up and operate a ChargeZone-branded charging station under a franchise/DOCO (dealer-owned, company-operated) model.

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Energy as a Service (EaaS) for businesses

B2B agreements where property/business owners host ChargeZone charging infrastructure and share in parking/energy services revenue.

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Cost Structure

Fast-charging station buildout capex₹15-20 lakh per station

ChargeZone states that deploying a Fast Charging station requires a starting capital investment of ₹15-20 lakh, about 550 sq. ft. of space (2 car parks), and a 50-150 kVA sanctioned power load.

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Super-charging station buildout capex₹1-10 Cr per station

ChargeZone states that a Super Charging station scales from a starting investment of ₹1 crore up to ₹10 crore, requiring 250-1200 kVA of power infrastructure, scalable up to 1.2 MW.

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Planned $300M network capex program$300M planned capex

ChargeZone describes its Series A1 raise as part of a broader planned capital-expenditure program of US$300 million to fund growth in the 4-wheeler EV charging segment over the following 4-5 years.

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FAQs on ChargeZone

What is ChargeZone's business model?

ChargeZone's core value proposition centers on High-speed public EV charging infrastructure, Fully integrated hardware + software + energy stack, Rapid, sustainable charging experience.

How does ChargeZone make money?

ChargeZone's cited revenue streams include Franchise partner fees, Energy as a Service (EaaS) for businesses.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the "source" links beside each entry. Profile sources: www.chargezone.co.in www.chargezone.co.in · Last verified 5 Sep 2026. · Report a correction