Visit our store
300/3, 1st Floor, MG Road, Sultanpur, New Delhi – 110030
Call us
1800 123 0181
Email us
connect@echargeup.com
Working hours
Mon – Sat, 10:00 AM – 7:00 PM
Information questions
Frequently asked questions
Chargeup is a driver-first Fi-Ne-Tech platform, designed to control the variables that determine repayment: energy, uptime, and asset performance. Using deep IoT integration and real-time data, the platform brings earning security for drivers, loan security for lenders, and asset security for OEMs, empowering drivers to run more and earn more for a better tomorrow.
Chargeup was founded in 2019 in Delhi by Varun Goenka.
Chargeup is used by multiple participants across the EV ecosystem including commercial EV drivers such as e-rickshaw drivers and delivery riders, NBFCs and lenders financing EV vehicles, OEMs and vehicle manufacturers, dealers and ecosystem partners. The platform currently supports 10,000 active drivers across 16 cities in India.
Chargeup currently supports 10,000 active drivers, with plans to scale to 100,000 drivers across 40 cities.
Chargeup currently operates across 16 cities in India and plans to expand to 40 cities.
Chargeup is a Fi-Ne-Tech platform that integrates finance, energy, service, and resale to support EV drivers and the broader mobility ecosystem.
The Chargeup platform includes four key components: Chargeup Exchange, Chargeup Track, Chargeup 365, and Chargeup Shield.
- Chargeup Exchange: Phygital EV hubs connecting drivers with financiers, insurers, suppliers, and recyclers.
- Chargeup Track: IoT-powered tracking that provides real-time GPS monitoring and asset visibility.
- Chargeup 365: Predictive intelligence to improve uptime and asset performance.
- Chargeup Shield: AI-powered risk monitoring platform for lenders.
Chargeup Exchange is a phygital EV hub and marketplace where drivers can access services such as vehicle sales, resale, financing, and ecosystem support through one integrated platform.
Chargeup Track is an IoT-powered asset monitoring system that provides real-time GPS tracking and usage monitoring of EV assets.
Chargeup 365 focuses on uptime protection and predictive intelligence, helping ensure that EV assets operate efficiently and reliably.
Chargeup Shield is an AI-powered system designed to support lenders by monitoring portfolio performance and identifying potential risk early.
A SMART Digital Score that helps NBFCs assess borrower intent using identity & digital footprint for secured lending.
The Karma Index predicts potential defaults with around 83% accuracy, enabling better risk management for lenders.
Chargeup helps gig and last-mile drivers by empowering them with higher earnings and income predictability, enabling them to run more, earn more. By providing better asset uptime, operational visibility, and access to financing and resale infrastructure. Drivers on the platform have seen up to 40% increase in annual income.
Chargeup helps lenders reduce risk by providing real-time asset and driver performance monitoring, AI-based risk prediction, and early alerts for potential defaults.
Chargeup helps OEMs improve asset visibility, reduce service costs, and better manage the lifecycle of EV assets through platform data and ecosystem integration.
Chargeup has demonstrated measurable impact including up to 40% increase in driver income, 50% reduction in OEM service costs, 7% uplift in NBFC return on assets, with less than 2% NPA, and 35% of new drivers joining through referrals.
Chargeup's mission is to enable 1 million driver entrepreneurs with higher earnings by 2030 while accelerating the electrification of last-mile mobility in India.
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