Akshay Shekhar (Kazam)
Overview
Akshay Shekhar is a prominent Indian entrepreneur known for his contributions to the electric vehicle (EV) sector in India. He is the co-founder and CEO of Kazam, an EV tech company established in 2020. Kazam specializes in providing comprehensive EV charging solutions, including management software and charging infrastructure. Under Shekhar's leadership, Kazam has become a key player in the Indian EV industry, known for its innovative approaches to EV charging and energy management solutions that support sustainable mobility.
Recent Developments
In the past few years, Akshay Shekhar and his company, Kazam, have achieved several significant milestones:
- June 2025: Kazam raised $6 million in Series B funding to expand its charging infrastructure and enhance its technology offerings across India. The funding round was led by Vertex Ventures, Avaana Capital, and Chakra Growth Capital.
- August 2024: Akshay Shekhar led Kazam to raise $8 million in a Series A3 funding round, which was used to strengthen the company's technology and expand its market presence in India and Southeast Asia.
- 2024: Kazam announced plans to expand its EV charging infrastructure into Southeast Asia, including countries like Malaysia, Thailand, and Indonesia, leveraging partnerships with local companies.
- April 2023: Kazam partnered with various vehicle OEMs to launch interoperable fast-charging technology, aiming to reduce vehicle charging time significantly.
- March 2023: Kazam was recognized as one of the world's most innovative energy startups and became a finalist for the SET Award 2025, reflecting its impact on the global energy transition.
Personal Information
| Attribute | Information |
|---|---|
| Full Name | Akshay Shekhar |
| Born | Not publicly available |
| Nationality | Indian |
| Occupation | Entrepreneur, CEO of Kazam EV Tech Pvt Ltd |
| Known For | Co-founding Kazam and leading innovations in EV charging solutions |
| Net Worth | Estimated $0 – $60 million |
| Education | MBA from the Indian Institute of Management Mumbai; Certificate in Management Essentials from Harvard Business School Online |
Early Life and Education
Akshay Shekhar's early life and educational background laid a strong foundation for his entrepreneurial journey. He completed his higher secondary education at D G Ruparel College of Arts Science & Commerce, where he pursued general science and economics. Following this, he earned his Bachelor of Technology (B.Tech.) in Industrial Engineering from Savitribai Phule Pune University.
Driven by an interest in finance and management, Shekhar pursued a Master of Business Administration (MBA) in Finance from the National Institute of Industrial Engineering. His educational journey was further enriched by his completion of a Management Essentials Certificate from Harvard Business School Online in 2020. These academic experiences provided Akshay with the skills necessary for strategic decision-making and innovation management, which have been instrumental in his career.
Career and Notable Achievements
Akshay Shekhar has demonstrated a diverse and dynamic career path, characterized by entrepreneurial spirit and a knack for innovation:
- 2021: Founded Kazam, focusing on EV charging solutions and management software. Under his leadership, Kazam quickly grew to become a leading player in the Indian EV sector.
- 2016-2021: Worked with PepsiCo and Godrej Consumer Products, where he played key roles in strategy, operations, and new product development, gaining valuable insights into business operations and marketing.
- 2015: Co-founded FURNISHQ, showcasing his entrepreneurial skills in the furniture domain.
- 2013: Began his career with an internship at Siemens Ltd, which provided foundational experience in engineering and operations.
Kazam Linkedin
Kazam is widely present on LinkedIn, where it actively engages with a community of professionals interested in the EV and renewable energy sectors. The company focuses on building a robust charging ecosystem for electric vehicles by offering both hardware and software solutions. Kazam's LinkedIn profile outlines its mission to make EV adoption seamless and widespread by providing accessible and reliable charging infrastructure and partnering with various stakeholders in the industry.
Kazam EV
Kazam EV is committed to revolutionizing the electric mobility landscape in India and beyond. Kazam provides an array of charging stations, from slow chargers for individual users to fast-charging units for fleet operators. Operating over 40,000 charging points and managing millions of charging sessions annually, Kazam collaborates with major companies like Ather Energy, Bajaj, and Hero MotoCorp to ensure widespread accessibility of its charging solutions.
With a strong presence in 60 cities across India, the company has set its sights on international expansion, beginning with Southeast Asia. Kazam’s integration of technology and business strategy has positioned it as a leader in the EV charging sector.
Conclusion
Akshay Shekhar's vision and leadership in the EV industry have significantly contributed to the growth and adoption of electric vehicles in India. Through Kazam, he has developed innovative solutions that address critical infrastructure needs while promoting sustainability. His commitment to advancing technology and expanding Kazam’s reach underscores his impact on the industry. As the global transition to electric mobility accelerates, Akshay Shekhar and Kazam are poised to play a pivotal role in shaping the future of transportation by making it more sustainable and efficient.