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Energy Tech Series A Founded 2017

IPEC

IPEC is an energy technology company that provides power conversion products and solutions for e-mobility and energy storage applications. The company offers EV charging products for original equipment manufacturers and public EV charging solutions, encompassing smart and reliable chargers for two-wheelers, three-wheelers, and four-wheelers. IPEC solutions include AC and DC charging systems, power electronics for…

📍 Bengaluru, India · Energy Storage Tech,

Funding snapshot

Last roundSeries A
Amount$3M
Date28 March 2025
Total raised$3M
Valuation15,320,143 (Mar 28, 2025)
Team size67

About

IPEC is an energy technology company that provides power conversion products and solutions for e-mobility and energy storage applications. The company offers EV charging products for original equipment manufacturers and public EV charging solutions, encompassing smart and reliable chargers for two-wheelers, three-wheelers, and four-wheelers. IPEC solutions include AC and DC charging systems, power electronics for energy storage systems, and integrated charging infrastructure for fleet operators and public charging networks. The company focuses on the Indian electric vehicle market, addressing the growing demand for charging infrastructure across diverse vehicle segments. Founded in 2017 and headquartered in Bengaluru, India, IPEC has raised $3 million in Series A funding from investor Gruhas.

Business model

Electric Vehicles > Charging Solutions > Plug in Charging,

Energy Storage Tech > Charging > Devices > Plug In > Electric Vehicle > Four Wheelers

Institutional investors

Gruhas

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