Bengaluru-based startup ReadyAssist on Monday said it plans to invest USD 8 million (around Rs 60 crore) in one year to augment electric vehicles infrastructure in the country. As part of the initiative, the company plans to set up phygital stores (physical stores augmented by digital capabilities) under brand name GRID in 200 prime locations across top ten cities in the country.
The company noted that GRID will have in-house quick service kiosk, battery swap facilities, EV charging infrastructure for both two and four-wheelers.