EVamp Technologies, the company behind the rapidly growing electric vehicle (EV) charging network Mobilane, has raised ₹7 crore in its first round of funding. The capital will be used to scale its pan-India EV charging infrastructure and invest in in-house manufacturing of AC chargers and Light Electric Vehicle (LEV) DC chargers.
As a leading Charge Point Operator (CPO), EVamp has positioned itself as a key player in providing smart and reliable charging solutions across urban centres, highways, and commercial hubs under the Mobilane brand. With the fresh infusion of capital, the company aims to widen its footprint, enhance its product portfolio, and support India’s transition toward clean mobility.
“This funding marks a major milestone in our journey,” said Devansh Shah, Founder of EVamp Technologies Pvt. Ltd. “Since inception, our focus has been on building a high-performance, future-ready EV charging network. We’ve developed deep capabilities in charger technology and operations, and with this investment, we are well-positioned to rapidly scale manufacturing of AC and LEV DC chargers and lay the foundation for a sustainable EV infrastructure across the country.”
Gunjan Mehta, Co-founder of EVamp Technologies, emphasized the company’s strong business fundamentals. “EVamp is built on technological innovation, operational efficiency, and financial sustainability. We are proud to be the only CPO in India to achieve PAT (Profit After Tax) positivity even before raising external capital. This reflects the strength of our business model and disciplined approach. As we scale operations and begin manufacturing at a larger scale, our commitment remains firm—to build a sustainable ecosystem that creates long-term value for users, partners, and investors, while advancing India’s clean mobility goals.”
EVamp’s Mobilane network has already gained traction in key urban and highway locations, offering user-friendly, app-integrated charging experiences. The latest funding will enable the company to accelerate deployment, enhance user experience, and ramp up domestic manufacturing in the EV sector.
