{"id":536755,"date":"2022-11-18T12:18:32","date_gmt":"2022-11-18T06:48:32","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=536755"},"modified":"2022-11-18T12:18:32","modified_gmt":"2022-11-18T06:48:32","slug":"ev-start-up-chargeup-raises-7-million-in-pre-series-a1-funding-round","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ev-start-up-chargeup-raises-7-million-in-pre-series-a1-funding-round\/","title":{"rendered":"EV start-up Chargeup raises $7 million in pre-series A1 funding round"},"content":{"rendered":"<p>Chargeup, which provides battery swapping services for electric vehicles, on Thursday announced that it raised $7 million in funding in a pre-series A1 financing round, led by Capital-A and Anicut Capital along with other investors.<\/p>\n<p>The new funding will be infused into expanding the services to 20 new cities and power 50,000+ drivers. The company will also strengthen its FineTech (Finance-Network-Technology) Platform, and tech stack to ensure 100 per cent uptime and a seamless experience for its customers. This will also enable the drivers to own an EV by spending 40 per cent less and earning 80 per cent more.<\/p>\n<p>Other investors included Ekta Kapoor, Sunil Kalra, and Sachin Mehra. Jiraaf, a platform for high-yield alternative investment opportunities, also participated in the round by extending debt to Chargeup.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chargeup, which provides battery swapping services for electric vehicles, on Thursday announced that it raised $7 million in funding in a pre-series A1 financing round, led by Capital-A and Anicut Capital along with other investors. The new funding will be infused into expanding the services to 20 new cities and power 50,000+ drivers. The company will also strengthen its FineTech (Finance-Network-Technology) Platform, and tech stack to ensure 100 per cent uptime and a seamless experience for its customers. This will also enable the drivers to own an EV by spending 40 per cent less and earning 80 per cent more. [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-536755","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/536755","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=536755"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/536755\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=536755"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=536755"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=536755"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}