EV charging startup Kazam closes FY25 at Rs 40 crore, targets Rs 100 crore run rate

IFC-backed EV charging startup Kazam posted Rs 40 crore revenue in FY25 as demand shifts towards reliable, high-usage infrastructure. The company expects Rs 100 crore revenue and profitability by early 2026, driven by strong growth in tier 2 and 3 cities. The platform currently manages over 9,000 MWh of energy transactions every month, up nearly 60% from June 2025, it said in a statement.