Kazam plans IPO with a focus on expanding EV charging in India

News
Corporate developments
ATI News Team

Supported by a recent $6.7 million raise from the World Bank Group, Kazam is focused on expanding its charging infrastructure in underserved tier 2 and tier 3 Indian cities

Electric vehicle charging platform Kazam plans to go public within the next three to five years, targeting revenue of 1 billion rupees (about $12 million) and break-even EBITDA by fiscal year 2025–26.

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