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Prime Venture Partners and Union Square Ventures Lead Revos Series A Funding






Prime Venture Partners and Union Square Ventures Lead Revos Series A Funding | VCircle























Prime Venture Partners and Union Square Ventures Lead Revos Series A Funding



Photo credit: VCCircle

Electric vehicle (EV) infrastructure platform Revos has raised $ 4 million in a Series A funding round led by Prime Venture Partners and Union Square Ventures.

The startup will use the new funds to strengthen its technology team, expand the charging network for electric vehicles and the Smart EV platform for two and three wheels.

The company said it aims to expand its network to one million chargers in 500 cities in India and other emerging markets.

Founded by Jyotiranjan Harichandran and Mohit Yadav, Revos has been deployed in 10,000 devices, especially two and three wheel electric vehicle chargers, by 30 original equipment manufacturers (OEMs) in India, China, Vietnam , Nepal and Egypt.

The platform has raised a total of $ 4.5 million in previous funding rounds, including this round.

This is the USV’s first investment in India. She set up a fund worth $ 162 million today.





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Copyright © 2022 VCCircle.com. Owned by Mosaic Media Ventures Pvt. Ltd.