Kazam - About the company
Kazam is a series B company based in Bengaluru (India), founded in 2020 by Akshay Shekhar and Vaibhav Tyagi. It operates as a Developer of electric vehicle charging hardware and energy management software. Kazam has raised $19.7M in funding from Vertex Ventures and IFC, with a current valuation of $*****. The company has 474 active competitors, including 98 funded and 28 that have exited. Its top competitors include companies like Monta, Ev.energy and ChargePoint.
Company Details
Developer of electric vehicle charging hardware and energy management software. This business provides charging stations and digital platforms for monitoring energy usage, managing revenue, and controlling charging infrastructure. The hardware includes various socket types for different vehicle requirements. The software enables real-time charger monitoring, tariff configuration, and battery health tracking. These tools facilitate the integration of charging networks, fleet operations, and energy distribution systems. The technology supports the management of charging sessions and the optimization of battery performance through digital interfaces.
- Website
- kazam.energy
- Social
- Email ID
- *****@kazam.in
- Phone Number
- +91 **********
- Registered Address
- Plot No 71, First Floor Sector 16A Nerul Navi Mumbai, Thane, Thane, Maharashtra, India, 400706
Key Metrics
Founded Year
2020
Location
Bengaluru, India
Stage
Series B
Total Funding
$19.7M in 6 rounds
Latest Funding Round
Post Money Valuation
$***** as on Jun 19, 2025
Investors
Ranked
13th among 474 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
295 as on Aug 31, 2025
Legal entities associated with Kazam
Kazam is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
KAZAM EV TECH PRIVATE LIMITED CIN: U27900MH2020PTC351326 , India, Active | Dec 05, 2020 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 333 (As on May 01, 2026) |
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Kazam's funding and investors
Kazam has raised a total funding of $19.7M over 6 rounds. Its first funding round was on May 21, 2021. Its latest funding round was a Series B round on Jun 09, 2025 for $*****. 4 investors participated in its latest round. Kazam has 21 institutional investors and 100 angel investors.
Here is the list of recent funding rounds of Kazam:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 09, 2025 | 8708096 | Series B | 7282799 | 1320909 | 9509154 | 7476850 |
Aug 08, 2024 | 8024163 | Series A | 4664082 | 8660521 | 4252642 | |
Jun 20, 2023 | 9342822 | Grant (prize money) | 9912371 | 7389341 | 7906740 |
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Kazam's founders and board of directors
Founder? Claim ProfileHere are the details of Kazam's key team members:
- Akshay Shekhar: Co-Founder & CEO of Kazam. They serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
- Vaibhav Tyagi: Co-Founder of Kazam. They serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
Kazam's Board of Directors
Kazam's board has 3 active members. Nikhil Marwaha, Akshay Shekhar and Vaibhav Tyagi are part of team.Here is the list of Kazam's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 5y 8m | |
Team | - | Current | 5y 8m | |
Investor | - | Current | 1y 8m |
View details of Kazam's Founder profiles and Board Members
Kazam's employee count trend
Kazam has 295 employees as of Aug 25. The total employee count is 87.0% more than what it was in Aug 24. Here is Kazam's employee count trend over the years:
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Kazam's Competitors and alternates
Top competitors of Kazam include Monta, Ev.energy and ChargePoint. Here is the list of Top 10 competitors of Kazam, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | SaaS-based platform for charging station management | $142M | 75/100 | ||
2nd |  Ev.energy 2018, London (United Kingdom), Series B | Developer of software for managing electric vehicle charging grid loads | $46M | 74/100 | |
3rd | ChargePoint 2007, Campbell (United States), Public | Manufacturer of electric vehicle charging hardware and provider of software | $554M | 73/100 | |
4th |  Bolt.Earth 2017, Bengaluru (India), Series A | Provider of electric vehicle charging hardware, software, and support services | $29.6M | 70/100 | |
5th | Provider of electric vehicle station management solution | $30M | 70/100 | ||
6th | Esyasoft 2014, Dubai (United Arab Emirates), Series A | Developer of digital platforms for utility grid management and electrification | $4.43M | 69/100 | |
7th |  Xeal 2019, California City (United States), Series B | Provider of a cloud-based EV charging management platform | $51M | 67/100 | |
8th | Provider of electric vehicle charging solutions and related energy services | $108M | 66/100 | ||
9th | Weave Grid 2018, San Francisco (United States), Series B | Developer of a platform for electric vehicle and grid integration | $78M | 65/100 | |
10th | Provider of cloud-based software for managing electric vehicle charging infrastructure | $37M | 64/100 | ||
13th | Developer of electric vehicle charging hardware and energy management software | $19.7M | 61/100 |
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Kazam's Latest cap tables and shareholding
Founders own 31.04%, Funds (largest shareholder) own 48.32%, Enterprises own 1.01% and Angels own 7.97%. The net worth of Kazam's founders is INR 137Cr as of Jun 19, 2025.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 31.04% | 137Cr | 7375819 | 3007711 | 3768377 | 8512422 |
Fund | 48.32% | 213Cr | 5610711 | 8643754 | 9219229 | 6386924 |
3201238 | 9746957 | 4502113 | 7569285 | 7548169 | 4657030 | |
8239674 | 3496744 | 6440107 | 6257142 | 4513681 | 3689843 | |
4601558 | 8720392 | 2123032 | 1505955 | 8591083 | 7407088 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Enterprise | 1.01% | 4.44Cr | 6 | 7 | 6 | 1 |
Angel | 7.97% | 35.1Cr | 6791333 | 1649853 | 9237591 | 7471916 |
Other People | 0.29% | 1.29Cr | 0 | 0 | 0 | 0 |
ESOP Pool | 11.37% | 50.1Cr | 3751745 | 1066967 | 6445471 | 5635729 |
Total | 100.00% | 440Cr | 2303018 | 5730976 | 2389356 | 1526546 |
To unlock detailed Cap Table of Kazam Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of Kazam's Shareholding
Kazam's Investments and acquisitions
Kazam has made no investments or acquisitions yet.
Reports related to Kazam
Here is the latest report on Kazam's sector:
News related to Kazam
Filter this listMedia has covered Kazam for a total of 2 events in the last 1 year, 1 of them has been about company updates.
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Bigbasket expands its EV-first delivery network across 50 citiesStoryboard18•Aug 06, 2025•Bigbasket, Kazam
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Business Kazam Appoints Ram Balasubramanian as CFO to Steer Strategic FinanceOnline Media Cafe•Jul 14, 2025•Kazam
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Kazam Secures $6.2M Series B to Drive India's EV Charging FutureTechStory•Jun 24, 2025•Kazam, IFC, Vertex Ventures, Avaana Capital Advisors
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EV charging startup Kazam raises $8 millionThe Economic Times•Aug 12, 2024•Kazam, Vertex Ventures, Avaana Capital Advisors, Alteria Capital and 2 others
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