Electric Vehicle (EV) charging solutions company, Magenta EV Solutions has confirmed a commitment in excess of $15 million (Rs 120 Crores) in Series A funding from eminent Indian American cardiologist, philanthropist billionaire Dr. Kiran Patel.
Incorporated in 2017, Magenta was founded by Maxson Lewis and Darryl Dias. Over the last three years, Magenta has established itself as a key player in the EV charging market under the ChargeGrid brand.