82Volt, an Electric Vehicle Charging Technology firm specialising in energy conversion and storage, has successfully closed its seed investment round with angel investors, receiving INR 5 crore. The company offers a variety of AC and DC charging solutions, as well as software solutions, and plans to expand its team, geographical reach, and charger installation capacity by 200% by the next fiscal year.
Akshay Sasikumar, the CEO of 82Volt Technologies, expressed the company’s focus on innovation and commitment to establishing a sustainable business model for clean transportation. Their goal is to create solutions that generate savings for customers, businesses, and grid owners.
These solutions are designed to address the specific conditions of the Indian grid and offer automakers, EVSE suppliers, and commercial businesses a reliable charging network. The company aims to provide a comprehensive EV charging solution, encompassing fast and slow charging options, a charging management system (CMS), products, and energy storage solutions.
82Volt currently has 10 chargers installed and a contractual capacity of 550 chargers. These chargers have a variety of unique features that are linked to a customised software system.
82Volt chargers are sturdy, tech enabled, and programmed to capture over 100 data points from every charging cycle, in order to create a smaller and more convenient experience, and are integrated with a variety of associated services, such as home automation, e-commerce, and advertising platforms. The 82 Volt chargers also provide real-time data on each charging station.
Akshay Sasikumar, the CEO of 82Volt Technologies, expressed gratitude towards the company’s investors for their belief in their product and vision. He acknowledged that the support from investors will aid in achieving their goals and expanding operations. The company aims to innovate, collaborate, and develop a strong EV infrastructure. With the ongoing trust and support of their investors, they aspire to become key facilitators of EV infrastructure in India and meet the increasing global demand for electric vehicles (EVs).
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