Funding · Mobility & Logistics

RoadGrid secures Rs 13 crore grant for manufacturing facility

By Startup Enthusiast · 3 August 2026

What they do

RoadGrid builds patented universal EV chargers and energy management software

The company received Rs 13 crore from the Technology Development Board to build a factory

Production starts in March 2027 with capacity for 2,000 chargers annually

RoadGrid received Rs 13 crore in financial assistance from the Technology Development Board.
The grant supports a total project cost of Rs 27.5 crore for a new facility.
Funds will establish a manufacturing plant for its patented Universal EV Charger.
Commercial production is expected to begin in March 2027.
The facility will have an annual production capacity of 2,000 chargers.
The project aims to create more than 100 direct jobs.
This follows an earlier pre-Series A round of Rs 12 crore led by Venture Catalysts.
The government support strengthens India's domestic manufacturing capabilities for EV equipment.

The funding reduces dependence on imported technologies for advanced charging hardware.
The facility will use locally manufactured components for assembly.
RoadGrid already serves six enterprise customers across multiple sectors.
The grant aligns with national goals for indigenous technology development.

RoadGrid develops indigenous charging hardware and intelligent software platforms.
Its Universal EV Charger integrates a 140 kW dual DC charging system.
The charger supports CCS2 and Type 6 connectors plus AC charging.
A single platform enables seamless charging for two-wheelers and commercial vehicles.
The company manages end-to-end manufacturing of power electronics and software.
It operates facilities in Indore, Mumbai, and Kolkata.
RoadGrid has deployed over 100 EV chargers so far.
The company currently employs over 40 people.
Expected annual revenue is around Rs 100 crore at full initial production.

Product: EV charging startup
Customers: EV charging network operators, commercial property owners, and electric fleet managers
How it makes money: Generates revenue through the sale and deployment of proprietary EV charging hardware, embedded software, and energy management platforms
What sets it apart: Patented Universal EV Charger platform providing 140 kW dual DC charging compatible with multiple connector standards and vehicle segments