Announced
Completed
Financials
Tags
Engineering Consulting
India
Acquisition
Cross Border
Majority
Friendly
service engineering company
Private
Completed
Single Bidder
Synopsis
Macquarie, a global financial services completed, completed the investment in ChargeZone, a EV network company. Financial terms were not disclosed. "We are delighted to embark on this journey with Macquarie Capital and look forward to driving positive change in India's electric vehicle ecosystem. This partnership will accelerate our efforts to create a greener and more efficient future for urban transportation. Our ultimate goal has been to accelerate the adoption of electric vehicles and the deployment of EV charging infrastructure throughout India. This collaboration with Macquarie Capital marks a significant milestone in our relentless pursuit of that goal and signifies our commitment to transitioning India's urban transportation towards sustainability, supporting the nation's objectives of reducing carbon emissions and promoting clean mobility,” Kartikey Hariyani, ChargeZone Founder and CEO.
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