When was Chargeup founded?

Chargeup was founded in 2019 and raised its 1st funding round 2 years after it was founded.

Where is Chargeup located?

Chargeup is headquartered in Delhi, India. It is registered at Kh No. 300/3, First Floor, Village Sultanpur, South Delhi, Delhi, Delhi, India, 110030.

Who is the current CEO of Chargeup?

Varun Goenka of Chargeup. They have also founded 1 company.

Which legal entities is Chargeup associated with?

Chargeup is associated with E-CHARGEUP SOLUTIONS PRIVATE LIMITED.

How many employees does Chargeup have?

As of Aug 31, 2025, the latest employee count at Chargeup is 115.

Is Chargeup a funded company?

Chargeup is a funded company, having raised a total of $12M across 5 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Mar 18, 2021.

How much is Chargeup worth?

The latest valuation of Chargeup is $***** as of Jan 31, 2023.

When was the latest funding round of Chargeup?

Chargeup's latest funding was a $***** Seed round on Jan 22, 2026, with participation from 2 investors.

What is the annual revenue of Chargeup?

Annual revenue of Chargeup is ₹19.9Cr as on Mar 31, 2025.

Where does Chargeup rank among its competitors?

Chargeup ranks 7th amongst 86 active competitors, of which 19 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was BatteryPool, which secured $960K in Nov, 2025.

Who are the top competitors of Chargeup?

Chargeup's top competitors include Ev.energy, Battery Smart and SUN Mobility. Among them, Chargeup secured the most recent funding round in January, 2026.

Chargeup - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Platform offering electric vehicle charging station network operators. It provides users with a company that offers tools for managing assets, facilitating handovers, and optimizing the onboarding experience. It also offers a map displaying a network of swap points.

Website: echargeup.com
Social
Email ID: *****@echargeup.com
Phone Number: +91 **********
Registered Address: Kh No. 300/3, First Floor, Village Sultanpur, South Delhi, Delhi, Delhi, India, 110030

Key Metrics

Founded Year

2019

Location

Delhi, India

Stage

Seed

Total Funding

$12M in 5 rounds

Latest Funding Round

Seed, Jan 22, 2026, $*****

Post Money Valuation

$***** as on Jan 31, 2023

Investors

Anicut Capital & 42 more

Ranked

7^th among 86 active competitors

Annual Revenue

₹19.9Cr as on Mar 31, 2025

Employee Count

115 as on Aug 31, 2025

Similar Companies

Monta & 330 more

View Chargeup's full profile

Chargeup is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
E-CHARGEUP SOLUTIONS PRIVATE LIMITED CIN: U74999DL2019PTC346208 , India, Active	Feb 19, 2019	$2.35M (As on Mar 31, 2025)	115 (As on Aug 01, 2025)

Chargeup has raised a total funding of $12M over 5 rounds. Its first funding round was on Mar 18, 2021. Its latest funding round was a Seed round on Jan 22, 2026 for $*****. 2 investors participated in its latest round. Chargeup has 12 institutional investors and 31 angel investors.

Here is the list of recent funding rounds of Chargeup:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 22, 2026	7088871	Seed	2986147	8896854	6260248	6999995
Nov 17, 2022	6686986	Conventional Debt	2809454	6928326	4469322	Jiraaf
Feb 07, 2022	2672045	Seed	6198245	8984887	Anicut Capital	Aska Equipments & 31 more

Access funding benchmarks and valuations. Sign up today!

View details of Chargeup's funding rounds and investors

The founders of Chargeup are Varun Goenka, Arun Madan and Satish Mittal. Varun Goenka is the CEO of Chargeup.

Here are the details of Chargeup's key team members:

Varun Goenka: Co-Founder & CEO of Chargeup. They serve on the board of 1 company.
Arun Madan: Co Founder and CFO of Chargeup.
Contact Info: 1 email address
Satish Mittal: Co-Founder & Chief Digital Officer of Chargeup.

Chargeup's Board of Directors

Chargeup's board has 2 active members. Varun Goenka and Ankur Madan are part of team.

Here is the list of Chargeup's board of directors:

Name	Type	Representing	Status	Duration
Varun Goenka	Team	-	Current	6y 11m
Ankur Madan	Team	-	Current	4y 0m
nf{zypk	Team	-	Past	6y 1m

View details of Chargeup's Founder profiles and Board Members

Chargeup's employee count trend

Chargeup has 115 employees as of Aug 25. The total employee count is 2.0% more than what it was in Aug 24. Here is Chargeup's employee count trend over the years:

Uncover Chargeup's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Chargeup include Ev.energy, Battery Smart and SUN Mobility. Here is the list of Top 10 competitors of Chargeup, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Ev.energy 2018, London (United Kingdom), Series B	Platform offering smart electric vehicle charging solutions	$46M	Energy Impact Partners, National Grid Partners ... & 45 others	74/100
2nd	Battery Smart 2019, Gurugram (India), Series B	Platform offering operator of battery-swapping network for electric vehicles and related services	$139M	Orios Venture Partners, Tiger Global Management ... & 45 others	73/100
3rd	SUN Mobility 2017, Bengaluru (India), Series B	Online platform for battery swapping solutions	$135M	Bosch, Br Dhawan & 27 others	69/100
4th	BatteryPool 2018, Pune (India), Seed	Platform offering battery rental and ownership programs for electric vehicles	$2.73M	Inflection Point Ventures, Steer Advisors ... & 143 others	61/100
5th	VoltUp 2019, Pune (India), Seed	Operator of battery swapping network for electric two and three wheel vehicles	$18M	EM Impact Capital, HDFC Bank & 3 others	61/100
6th	Kazam 2020, Bengaluru (India), Series B	Platform offering electric vehicle charging and energy management	$20.1M	Vertex Ventures, IFC & 120 others	60/100
7th	Chargeup 2019, Delhi (India), Seed	Platform offering electric vehicle charging station network operators	$12M	Triveni Engineering & Industries, Anicut Capital ... & 41 others	57/100
8th	Bounce Infinity 2014, Gurugram (India), Series E	Operator of electric vehicle mobility solutions and associated battery infrastructure	$224M	Accel, B Capital & 52 others	58/100
9th	Mooving 2020, Delhi (India), Series A	Provider of battery swapping solutions	-	-	49/100
10th	ElectreeFi 2017, Noida (India), Seed	SaaS and IoT-enabled platform offering electric fleet management solutions	-	Gulf Oil, Maruti Suzuki Mail & 2 others	48/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

Looking for more details on Chargeup's competitors? Click here to see the top ones

Founders (largest shareholder) own 51.32%, Funds own 15.83%, Enterprises own 10.34% and Angels own 14.77%. The net worth of Chargeup's founders is INR 65Cr as of Dec 01, 2024.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	51.32%	65Cr	7058469	9478166	5178637	3019986
Varun Goenka	3202183	4518091	4380778	2340487	7110064	3813070
Fund	15.83%	20.1Cr	3636829	1726054	3465300	3511502
Capital-A	250140	143233	419938	580642	888814	883764
Anicut Capital	3078359	2690896	5112296	7893327	7471543	1746566
Enterprise	10.34%	13.1Cr	7415380	7159889	9261619	6005816
Angel	14.77%	18.7Cr	8726834	4830357	2880552	6730969
Anand Goel	1	7	8	8	6	8
Other People	1.18%	1.5Cr	5	7	2	8
ESOP Pool	6.56%	8.31Cr	473405	849813	506455	453080
Total	100.00%	127Cr	7259598	7915395	7170770	7138228