Bengaluru-based IoT based charging station, Kazam, has raised Rs 7 crore in a seed round led by Inflection Point Ventures, one of India’s largest angel investment platforms in India.
According to a press statement, the funds raised will be used for product development, ramping up sales, operations and marketing, as Kazam continues to provide the most affordable and smart electric vehicle charging stations made in India, and has set up over 30 charging stations in five states – Karnataka, Maharashtra, Delhi/NCR, Telangana and Tamil Nadu.
