Macquarie Capital acquires a minority stake in ChargeZone

Macquarie Capital, the investment arm of Australia’s leading investor Macquarie Group has acquired a minority stake in ChargeZone, a leading Indian EV charging company, said a company release.

The investment from Macquarie Capital will allow ChargeZone to accelerate its business strategy and further develop its cloud technology-enabled EV charging network. It operates top electric vehicle (EV) charging stations Charge+Zone.