Draft:Statiq
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|  |
| Type | Private |
|---|---|
| Industry | Electric vehicle charging |
| Founded | 2020 |
| Founders | Akshit Bansal, Raghav Arora |
Key people | Akshit Bansal (CEO) |
| Products | Electric vehicle charging stations, home EV chargers, portable EV chargers, EV charging software, EV charging mobile application |
| Parent | Sharify Services Private Limited |
| Website | www |
Statiq is an Indian electric vehicle (EV) charging network and EV charging aggregation platform headquartered in Gurugram, Haryana, and operated by Sharify Services Private Limited. The company provides EV charging infrastructure and software services, including a mobile application for locating and booking charging stations.[1]
The company was founded in 2020 by Akshit Bansal and Raghav Arora. According to Forbes India, the founders began developing the business in October 2019 after identifying infrastructure and accessibility gaps in India’s EV charging ecosystem.[1]
History
Statiq was founded in 2020 by Akshit Bansal and Raghav Arora to address fragmented EV charging access in India.[1]
The company launched its mobile application in early 2020 as an EV charging aggregation platform, allowing users to discover charging stations, reserve slots, and make payments.[1]
Later in 2020, the company expanded into manufacturing EV charging hardware and operating charging infrastructure. Forbes India described Statiq’s model as combining proprietary charging infrastructure with third-party charging network integration.[1]
In 2024, co-founders Akshit Bansal and Raghav Arora were featured in Forbes 30 Under 30 Asia in the Industry, Manufacturing and Energy category.[2][3]
Funding
In 2020, Statiq received seed funding from Y Combinator.[4]
In June 2022, the company raised US$25.7 million in a Series A funding round led by Shell Ventures, with participation from Astir Ventures, VentureSouq, and Oyster Ventures.[5]
In February 2026, Statiq raised US$18 million in a mix of equity and debt financing led by Tenacity Ventures, with participation from Y Combinator, Shell Ventures, and RCD Holdings.[6][7]
Operations
Statiq develops EV charging hardware and operates public charging infrastructure across India. Its charging network includes alternating current (AC) and direct current (DC) chargers installed at highways, shopping centres, workplaces, hotels, and residential properties.[1]
Its mobile application provides access to both Statiq-operated chargers and third-party charging networks.[1]
Inc42 described the company as a full-stack EV charging platform integrating in-house software with proprietary AC and DC fast chargers.[8] In 2025, Reuters reported that Tata Motors included Statiq among charging operators participating in its EV charging expansion strategy across India.[9]
References
- ^ a b c d e f g "How Statiq Is Building Charging Infrastructure for India's EV Growth". Forbes India. 10 October 2024. Retrieved 22 June 2026.
- ^ "Forbes 30 Under 30 Asia 2024 – Statiq". Forbes. 2024. Retrieved 22 June 2026.
- ^ "Who Are Akshit Bansal And Raghav Arora? The Entrepreneurs In The Forbes 30 Under 30 List". NDTV. 29 May 2024. Retrieved 22 June 2026.
- ^ "Statiq: India's Largest EV charging network". Y Combinator. Retrieved 22 June 2026.
- ^ "Statiq raises US$25.7 million in funding round led by Shell Ventures". The Economic Times EnergyWorld. 23 June 2022. Retrieved 22 June 2026.
- ^ "Statiq Raises $18 Million, Eyes UAE Expansion And More Highway EV Chargers". CNBC-TV18. 18 February 2026. Retrieved 22 June 2026.
- ^ "EV charging startup Statiq secures $18 million from Tenacity Ventures, others". The Economic Times. 18 February 2026. Retrieved 22 June 2026.
- ^ "EV Infra Startup Statiq Bags $18 Mn To Expand Charging Network". Inc42. 18 February 2026. Retrieved 22 June 2026.
- ^ "India's Tata Motors plans to more than double EV charging stations". Reuters. 13 February 2025. Retrieved 22 June 2026.
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