Delhi-NCR-based EV startup, Electrifuel has raised INR 1.8 crore in its seed round from Indian Angel Networks (IAN). The round was led by Vishnuraj Kunjur, Sahil Kejriwal, and Pradeep Gupta.
Electifuel said in a press release that, the fresh fund utilized to recruit talent, expand the workforce, scale up production, and invest in research and development to support the company’s overall growth.
Vishnuraj Kunjur Lead Investors, (IAN) said, As the world is moving towards green energy, Electric Vehicles (EV) are the future to solve the fossil fuel crisis. We at IAN are excited to be part of Electrifuel’s journey, growth, and mission towards increasing the productivity of green energy in the EV ecosystem.
Founded in 2017 by
Electrifuel also provides the necessary hardware such as a motor controller, vehicle alarm system, telematics, battery charger, and a complete suite of web and mobile applications as software solutions for businesses and customers.
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