Kazam Secures $6.2M Series B Led by IFC to Boost Global EV Infrastructure

Bengaluru-based electric mobility tech firm Kazam has raised $6.2 million in a Series B funding round led by the International Finance Corporation (IFC), with continued participation from existing backers Vertex Ventures and Avaana Capital.

The fresh capital will be directed toward expanding Kazam’s digital EV infrastructure platform globally, supporting the deployment and management of EV charging networks worldwide. The move comes amid a global surge in demand for sustainable transportation solutions, and signals strong investor confidence in Kazam’s vision to accelerate EV adoption. Since inception, Kazam’s IoT-enabled charging systems and software have helped streamline fleet and battery management, catering to corporate clients and EV fleets. By scaling its offerings beyond India, the startup aims to tap into international markets while reinforcing its position in domestic urban and commercial hubs.

This funding milestone marks a pivotal step in Kazam’s journey toward a more connected, efficient and clean mobility ecosystem.