October 14, 2026
Funding Fusion News

EV charging and energy management startup Ionage raises $1.3 million in pre-Series A funding

  • October 10, 2026
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Electrical automobile (EV) charging and vitality administration platform Ionage has raised $1.3 million in a pre-Sequence A funding spherical from strategic buyers and a consortium of senior executives


Electrical automobile (EV) charging and vitality administration platform Ionage has raised $1.3 million in a pre-Sequence A funding spherical from strategic buyers and a consortium of senior executives from world vitality and infrastructure firms.

The startup plans to make use of the contemporary capital to broaden its protection to 100% of energetic EV charging networks in India, enhance charger discoverability and cost companies, and assist small and medium-sized cost level operators (CPOs) set up and handle charging stations extra effectively.

Ionage mentioned it has onboarded greater than 25,000 four-wheeler charging factors and helps not less than 63 fleets and 75 charging companions throughout the nation.

Its community spans 33 states and Union Territories, masking almost 3,000 cities. The startup additionally claims its platform operates on greater than 70% of India’s charging {hardware}, connecting with main EV charger producers on the level of set up.

Addressing gaps in India’s EV charging infrastructure

The funding comes as India continues to broaden its EV charging infrastructure, though considerations stay over the reliability of public chargers and the shortage of integration between completely different charging networks.

In keeping with Ionage, almost two in 5 public chargers in India are non-functional at any given time. It additionally cited a ratio of 1 charger for each 235 EVs in 2025. 

Ionage goals to deal with these challenges via a standard software program and interoperability platform that connects charging operators, unique tools producers (OEMs), actual property homeowners and EV drivers.

The platform is designed to permit drivers to find, entry and pay for charging companies throughout completely different networks with out counting on separate functions for every operator.

“We’re constructing the layer that fixes that: the working system each charger can run on, whoever owns it, in order that discoverability and reliability cease being the exception and begin being the default,” mentioned Vimal Kumar V, co-founder and CEO of Ionage.

How Ionage’s charging platform works

Ionage presents a number of software program merchandise designed to handle charging infrastructure and join operators with electric vehicle customers.

Its Nexus platform permits CPOs to handle charging networks, monitor classes, observe customers and management entry, whereas the IONAGE App permits drivers to seek out charging factors, plan routes, cost automobiles and make funds throughout networks.

The startup additionally operates Flo, a market connecting charging operators with fleet operators, and CASA, a house charging and vitality administration answer at present listed as being in beta on its web site.

Ionage presents a Discovery API that integrates real-time charging info into automobile techniques and maps. Its software program improvement package (SDK) for companies, which permits charging companies to be built-in into different functions, is at present in closed beta.

The startup’s options cowl charging infrastructure at places of work, buying malls, hospitality institutions and residential housing societies.

Ionage mentioned it has additionally begun utilizing AI and machine studying capabilities to help clever load balancing and vitality buying and selling throughout its charging community.

Growth plans and progress targets

Over the subsequent 18 months, Ionage plans to help the event of latest CPO micro-clusters in Tier II city centres, with a give attention to serving to smaller operators set up and handle charging infrastructure.

It’s also focusing on month-to-month vitality throughput of not less than 20 million models inside the subsequent 12 months, supported by company-reported month-on-month progress of 25% or extra.

India’s rising demand for EV charging infrastructure

India’s public EV charging community has expanded in recent times as the federal government and personal operators spend money on infrastructure to help electrical automobile adoption.

In keeping with the Ministry of Heavy Industries, the nation had 52,718 public EV charging stations as of July 2026, of which 16,561 have been geared up with quick chargers for vehicles.

The federal government has additionally launched measures to help the growth of charging infrastructure, together with the Quicker Adoption and Manufacturing of Electrical Automobiles (FAME-II) scheme and the PM Electrical Drive Revolution in Progressive Automobile Enhancement (PM E-DRIVE) scheme.

The PM E-DRIVE scheme has an allocation of Rs 2,000 crore for the deployment of public EV charging infrastructure throughout the nation.

The Ministry of Energy has additionally issued tips aimed toward creating a related and interoperable charging community, permitting completely different charging techniques and repair suppliers to work collectively.

As India expands its charging community, Ionage is searching for to enhance entry to current infrastructure via its software program platform whereas serving to smaller operators take part within the rising EV charging market.