News > Relux Electric raises Rs 250Cr to expand charging network in South India

Relux Electric raises Rs 250Cr to expand charging network in South India

The funding is aimed at facilitating the development of 20 new hypercharging stations, strategically located along busy routes such as NH 44, NH 45, and NH 556, covering areas from 1 to 1.5 acres each, enhancing the region's EV support infrastructure. The funding was led by a consortium of private investors specializing in real estate and infrastructure, committed on a revenue-sharing basis, allowing Relux to retain full ownership and control of its assets.