DeCharge

DeCharge

Blockchain-based operator of EV charging station networks

Founded

2024

Headquarters

Hyderabad (India)

Status

Seed

Company Details

DeCharge is a clean-tech company in India’s electric mobility scene. They sit in the green energy and EV infrastructure sector, part of India’s rapidly growing clean energy and EV industry, which has already crossed the $100 billion mark. And DeCharge isn’t trying to chase every trend—they’ve found their space in the system, creating infrastructure that keeps everything running. Their customers span is with fleet owners, logistics providers, and B2B energy partners. They approach the whole thing with modular, adaptable and easy-to-deploy setups. They’re cutting out the fluff and focusing on what actually works.

Core Products and Services

  •  EV Charging Stations: First off, they offer customisable EV chargers. Whether it's for a residential complex or a commercial delivery hub, the infrastructure is flexible.
  •  Battery Swapping: Waiting to charge isn’t always an option—especially if you’re running a delivery business. DeCharge steps in with battery swapping for two- and three-wheelers. Pull in, swap your battery, and you're back on the road. Fast, efficient, and no downtime.
  •  Green Power Integration: They’re also not relying completely on traditional electricity. Solar energy is a big part of their setup, wherever it makes sense. That way, the power comes from clean sources—and keeps things sustainable and future-ready.
  •  Charging-as-a-Service (CaaS): Here’s where things get even more interesting. Not every business wants to invest a ton of money upfront. DeCharge offers Charging-as-a-Service, which means businesses can access all their infrastructure without buying it outright.

Business Model and Revenue Streams

  •  Direct Sales (B2B + B2C): They make a chunk of their money by selling infrastructure directly—to property developers, fleet owners, and businesses wanting to make the switch to EVs. Whether it’s a couple of chargers or an entire hub, this forms the base of their revenue.
  •  Corporate Collaborations: They’ve also landed partnerships with logistics and transport companies. Think of those busy warehouses full of delivery EVs—they need charging stations, and DeCharge is supplying them.
  •  Solar-Powered Sites & Energy Efficiency: In cases where they’ve integrated solar, there are even more revenue opportunities. Some projects may even sell unused power back to the grid, adding another small but smart income stream.

Key People

Mohan Kuldeep Ponnada

Rama Krishna Kattekola

Dr. Prakash Kamaraj

Key Metrics

Total Equity Funding

$2.5 Million

No. of Funding Rounds

1

Latest Funding Round

$2.5 Million, Seed

as of March 28, 2025

Post Money Valuation

-

as of N/A

Funding Multiple

-

as of N/A

Investors

Lemniscap

and 2 more

Employee Count

10

Similar Companies

Baaz

Exit Details

N/A

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
March 28, 2025Seed$2.5 Million--- Lemniscap, colosseum.org, EV3 Labs, Echo Fundraiser Chainyoda Jedis

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