India, April 30 -- EV charging startup Charge Zone has secured a $19 Mn (around INR 158 Cr) commitment from the UK government's development finance institution British International Investment (BII).

The startup will use the fresh capital to ramp up expansion of its charging network for electric cars, buses and trucks across key cities and highways in India.

Its expansion strategy focuses on markets such as Delhi, Ahmedabad, Mumbai, Pune, Hyderabad, Bengaluru and Chennai where the demand for EV charging infrastructure is rapidly growing, the company said in a statement.

The company said that this funding will enable it to roll out more than 1500 super charging stations over the next 18 months to reach a portfolio of over 10,000 chargin...