What it sells
India's Largest EV charging network
Business model breakdown
Buyer: who owns the budget?
EV drivers (app payments); property owners and investors buying chargers or franchises; businesses and CPOs using the CSMS.
Trigger: what makes them buy now?
UnverifiedEV adoption needing public and home charging; investors wanting to earn from charging assets; properties wanting an amenity.
Workflow: what inputs become what output?
Find a charger in the app, view live status, start and pay; operators deploy chargers managed through Statiq CSMS software.
Economics: what it saves and how it charges
Per-session charging revenue, hardware sales, and a FOCO model where investors own the infrastructure and Statiq operates it. Claims 10000+ chargers, 12M+ sessions, 1014+ cities.
Distribution: how it reaches customers
Consumer app plus partner/franchise lead-gen, own hardware and software, destination and commercial site partners.
Funding history and coverage
| Round date | Stage | Amount | Investors | Source |
|---|---|---|---|---|
| — | Y Combinator Summer 2020 | — | Y Combinator | ycombinator.com |
Profiles summarize public reporting and company websites. Business-model notes are MaxBC's reading of that material, not confirmed facts; unknowns are left blank rather than guessed. Updated 2026-10-12.