India’s electric vehicle charging landscape is getting a significant boost as Statiq, one of the country’s growing EV charging startups, has successfully closed a fresh funding round worth $18 million roughly Rs 163 crore. The round comprises a combination of equity and debt financing, signaling strong investor confidence in the EV infrastructure space.
The funding was spearheaded by Tenacity Ventures, reflecting growing institutional interest in clean energy and sustainable mobility solutions within the Indian market. Founded by Akshit Bansal and Raghav Arora, Statiq has been working to address one of the most critical gaps in EV adoption accessible and reliable charging infrastructure.
This capital injection is expected to help Statiq scale its operations, expand its charging station network, and strengthen its technology backbone to serve a growing base of electric vehicle users nationwide.
