# Plugzmart

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/plugzmart

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Chennai, India
- Website: http://www.plugzmart.com
- Total disclosed funding: $0.4M
- Latest round: Seed (Dec 13, 2022)
- Investors on record: 1

## About

Based in Tamil Nadu, India, and founded in 2019 by its CEO Vivek Samynathan Rajamanickam, and co-founder Ragavendra Ravichandran, Plugzmart incubated in IIT Madras Research Park, operates as an original equipment manufacturer of electric vehicle chargers and SaaS (software as a service) provider of electric charging infrastructure. In December 2022, Plugzmart raised INR 36.3 million in seed funding led by BlueHill Capital, with participation from individual investors. 

Plugzmart's product offering includes AC Chargers that offer real-time data from anywhere, thus allowing to schedule charging hours with remote monitoring, RFID or QR authentication, payment option, and mobile app integration; DC fast charger designed for indoor or outdoor usage and a compact enough to fit within most parking layouts; portable EV chargers with overload protection, over-temperature shutdown with auto-recovery, and reverse polarity protection.  In addition, the company offers a mobile application available on iOS and Android devices and a user-friendly dashboard to completely control and manage all chargers & earnings.

The company plans to use the seed funding to accelerate its product development and expand its team.

## Funding rounds

- Seed, Dec 13, 2022, $0.4M — BlueHill Capital

## Investors

- BlueHill Capital (https://capitalatlas.ai/funds/bluehill-capital) — Seed