What They Build
Statiq designs and manufactures AC and DC fast chargers, operates a public charging network, and provides charging software for residential, commercial, highway, and fleet contexts.
Why They Matter
Charging reliability determines whether EV adoption reaches commercial fleets and mass-market users. Statiq matters because it owns both hardware and network operations, making uptime an engineering problem rather than only an aggregation problem. Its next test is scaling charger count while preserving reliability.
Founders
Akshit Bansal, Raghav Arora
Recent Milestones
- Y Combinator S2020 company
- More than 10,000 chargers operational across 100+ Indian cities
- $25.7M Shell Ventures-led round closed in 2022
- $18M round led by Tenacity Ventures closed in February 2026
- 20,000 charger target disclosed for end-2026
- Pilot deployments in the UAE and Made-in-India hardware export plans reported