Indian EV startup goEgoNetwork raises $8 million in Series A

Oluwajuwonlo Afolabi -

goEgoNetwork, an India-based electric vehicle charging infrastructure solution provider has raised $8 million in its Series A funding round from venture capitals and high-net-worth individuals.

  • The fund will be used in developing and installing the fast DC charging station product line and expanding its infrastructure in six Indian metropolitans.
  • goEgoNetwork is building a robust network of smart charging stations in India accessible via its app.
  • It last raised $2 million in seed funding to improve its charging solutions.
  • The cleantech startup aims to reach 8,500 charging stations in India with 15,000 paying members soon.