a leading EV charging company, successfully developed and installed Delhi's
first LEV AC EV charger under the state government's plan, which allows for the
construction of private EV chargers for a net cost of roughly Rs 2,375/- after
with the trend for home EV charging, which generally accounts for 70-80 percent
of worldwide charging demands, LEV AC chargers supplied by Magenta to Vasant
Kunj residential community were recently inaugurated by Transport Minister
Kailash Gahlot. In addition, Magenta has also installed multiple chargers in
various areas of Delhi covering Vivek Vihar, Munirka, Dwarka, Jamia Nagar and
plans to install more than 100 chargers under the scheme by end of April 2022.
Both business and residential enterprises can benefit from the scheme's
incentive to install these EV chargers. The company envisions a goal of
installing 10,000 such chargers around Delhi to boost the EV infrastructure.
charger comes with an OLED display along with easy-to-use Bluetooth based
authentication system and is a smart solution that can be operated through
ChargeGrid BT mobile application by all EV users. It is an ideal low-cost
Bluetooth based solution for EV users across all categories for their AC
charging needs on regular basis.
charger has been designed with ‘Safety First’ principle in mind and is equipped
with multiple protections to protect against electronics short circuit, over
current, over voltage, and ground fault. The low-cost AC charger also has
several innovative features such as auto charging session resume in the event
of power failure. These chargers are also extremely 'Easy to Install' and take
up very little space as they can be placed on the wall or on a stand. Magenta
has three-year empanelment by three DISCOMs of Delhi to set up an EV charging
station network across the capital.
is one of the leading EV Charge Point Operators (CPO) in the country creating a
network of EV chargers for different customer segments under the brand –
ChargeGrid. Magenta is also a manufacturer of AC EV chargers and has a
portfolio of chargers which is custom designed looking at the needs for
different customer segments such as – Residential, Commercial and Fleet.
has many firsts to its credit, which include the launch of Portable EV Charging
Stations, India’s first EV Charging Corridor for Mumbai – Pune Expressway, and
ChargeGrid App, an integrated and automated network of all charging stations on
Mobile. Seed funded by HPCL in 2018 & incubated by Shell in 2019, Magenta
is also backed by the Microsoft Startup Program to further strengthen its
advanced technology platform for Electric Mobility. In 2020, Magenta had raised
pre-series funding from JAN (JITO Angel Network) and LetsVenture. In May 2021,
Magenta announced that it had closed its Series A funding by renowned
Indian-American philanthropist, billionaire, and serial entrepreneur, Dr. Kiran
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