India, April 17 -- Bengaluru-based EV charging solutions startup IPEC has raised $3 Mn in a funding round from Gruhas, the venture capital firm co-founded by Zerodha's Nikhil Kamath and Abhijeet Pai.

With this infusion, IPEC aims to ramp up its manufacturing, boost presence in the power electronics space and expand globally.

Founded in 2017 by the MEHER Group in partnership with DEKI Electronics and Sungho Electronics, IPEC offers an array of EV charging products, including private, portable, and public chargers and EV connectors and vehicle charging inlets.

The startup claims to have already delivered over 1 Mn EV charging products to top electric two-wheeler OEMS in India, including Ather Energy, Bajaj Auto and Greaves (Ampere).

IPE...