On this week’s Climapreneur show, we’re joined by Varun Goenka- Co-Founder & CEO, Chargeup. Chargeup is on a mission to enable Drivers with higher earnings and better livelihoods. At Chargeup they are building a Driver First platform which will enable higher earnings, access to credit and a sustainable livelihood. They are solving for Driver community, their Fi-Ne-Tech platform has been able to bring the vehicle manufacturers, financiers, fleet operators and Ecommerce companies together, where they have been able to bridge the gap between them enabling EV adoption with low entry barrier, ensuring a safe and secured ride, without any boundaries.
Charge Up is a portfolio company of Capital-A. Capital-A is THE start-up for start-ups – a venture fund for seed to early stage meaningful start-ups. They are always there for founders and co-founders who eat, sleep and drink their business. They’re always there to work alongside these passionate people, and not above them, to help them succeed. Their aspiration is to either lead the round, or be in the game as co-investors. Nothing less suffices. The fund is led by Ankit Kedia.
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Chapters-
00:00 Coming up
01:43 How the vision to create Charge Up arrive?
03:36 Building trust among consumers
04:02 How does Charge Up operate?
05:46 Successfully building an ecosystem for battery-swapping business
10:05 How sustainable EVs really are?
11:33 Future of EVs
13:30 Building Lithium Refining Infrastructure in India
14:45 Why every EV company is interested in the Indian market?
15:42 What are carbon credits?
17:35 Is EV the new IT?
18:29 EVs will create many micro-entrepreneurs
19:40 How Charge Up is empowering its riders?
22:36 Zypp Electric’s success story
23:45 Technology behind Charge Up
25:00 How are startups going to compete with giant companies?
27:14 Finding like-minded investors of a sustainable business
30:13 Valuing profitability and cash flow over valuations
33:40 How to make a Charge Up station?
37:58 EV needs to be in priority sector lending
40:17 Is battery swapping helpful?
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Make sure you watch this video till the end!
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