Cargar - About the company
Cargar is a funded company based in Ahmedabad (India), founded in 2019 by Raj Anupam and Kayavan Shah. It operates as a Provider of portable electric vehicle fast charging and solar charging solutions. Cargar has raised an undisclosed amount in funding. The company has 1399 active competitors, including 163 funded and 100 that have exited. Its top competitors include companies like Wallbox, SPAN and myenergi.
Company Details
Provider of portable electric vehicle fast charging and solar charging solutions. The company offers hardware technology platforms for energy delivery to electric vehicles. These platforms provide options for fast charging and renewable energy integration. The company's products aim to address constraints related to charging availability and accessibility.
- Website
- cargar.in
- Email ID
- *****@cargar.in
- Phone Number
- +91 **********
- Registered Address
- C-1/270, GIDC ESTATE NARODA, Ahmedabad, AHMEDABAD, Gujarat, India, 382330
Key Metrics
Founded Year
2019
Location
Ahmedabad, India
Stage
Funding Raised
Latest Funding Round
Ranked
193rd among 1399 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
29 as on May 31, 2026
Legal entities associated with Cargar
Cargar is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
MCS CARGAR PRIVATE LIMITED CIN: U74999GJ2019PTC110840 , India, Active | Nov 16, 2019 | $0 - $1M (As on Mar 31, 2025) | - |
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Cargar's funding and investors
Cargar has raised funding over 1 round. Its latest funding round was a Grant (prize money) round on May 24, 2024 for $*****. 1 investor participated in its latest round. Cargar has 2 institutional investors.
Here is the list of recent funding rounds of Cargar:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 24, 2024 | 4975919 | Grant (prize money) | 1242041 | 1966371 | 5395652 | 2302728 |
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Cargar's founders and board of directors
Founder? Claim ProfileThe founders of Cargar are Raj Anupam and Kayavan Shah.
Here are the details of Cargar's key team members:
- Raj Anupam: Co-Founder of Cargar.
- Kayavan Shah: Co-Founder of Cargar. Contact Info: 1 email address
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Cargar's employee count trend
Cargar has 29 employees as of May 26. Here is Cargar's employee count trend over the years:
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Cargar's Competitors and alternates
Top competitors of Cargar include Wallbox, SPAN and myenergi. Here is the list of Top 10 competitors of Cargar, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of electric-vehicle charging solutions | $70.2M | 78/100 | ||
2nd |  SPAN 2014, San Francisco (United States), Series C | Smart energy management technology platform that modernizes residential electrical systems | $419M | 72/100 | |
3rd | myenergi 2016, Market Rasen (United Kingdom), Series C | Manufacturer of eco-smart home energy management and electric vehicle charging products | $36.8M | 71/100 | |
4th | Provider of Electric vehicle charging solutions | $123M | 67/100 | ||
5th | Ossia 2008, Bellevue (United States), Series C | Provider of wireless charging solution | $54.6M | 67/100 | |
6th | Energous 2012, San Jose (United States), Public | Provider of RF-based charging solutions | $5.5M | 66/100 | |
7th | Provider of induction-based wireless charging solutions | $108M | 63/100 | ||
8th |  DG Matrix 2022, Tempe (United States), Series A | Provider of a DC fast charger for electric vehicles | $80M | 63/100 | |
9th | Offering optical wireless charging solutions | $23M | 63/100 | ||
10th | WiTricity 2007, Watertown (United States), Series G | Magnetic resonance-based wireless charging solutions for electric vehicles | $146M | 62/100 | |
193rd | Provider of portable electric vehicle fast charging and solar charging solutions | - | 34/100 |
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Cargar's Investments and acquisitions
Cargar has made no investments or acquisitions yet.
Reports related to Cargar
Here is the latest report on Cargar's sector:
News related to Cargar
•
AHAsolar and MCS Cargar Join Forces to Revolutionize EV and Solar Solutions in Indiaismdu.com•Oct 24, 2024•AhaSolar, Cargar
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FAQs about Cargar
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