- ACS Vitality (Ayka Management Techniques Pvt. Ltd)is India’s first EV charging platform with built-in UPI, mixing {hardware} and software program to make charging simple, sensible, and accessible.
- Funds will probably be directed to deploy over 5,000 UPI-enabled charging stations throughout Maharashtra and Gujarat and to develop superior power administration methods for high-rise buildings.
- To this point, Inflection Level Ventures has invested over INR 800 Cr throughout 250+ startups.
Mumbai, 13th November 2025 – ACS Vitality has raised ₹1.1 Crore in pre-seed spherical led by Inflection Level Ventures. ACS Vitality Techniques is remodeling India’s EV world. Having launched universally appropriate chargers for 2, three and 4 wheelers, they’ve now rolled out sensible AC chargers and the ACS pay platform, making them the primary within the nation to convey UPI-based funds to EV charging. ACS Vitality system makes use of AI to handle masses and maintain funds quick and clear, making it intuitive and user-friendly.
ACS Vitality (Ayka Management Techniques Pvt, Ltd.) is a Mumbai-based startup centered on fixing the complexities of EV charging infrastructure in high-rise buildings and huge residential townships, a phase at present underserved regardless of rising EV mandates in actual property insurance policies.
Based in 2022, ACS has pioneered India’s first UPI-enabled EV chargers, drastically simplifying the consumer expertise and setting a brand new customary for digital-first, interoperable charging. With a steady and confirmed product line within the UPI phase, the corporate is now coming into a part of accelerated progress.
ACS is led by Jash and Mihir. Jash beforehand labored in India’s nuclear energy sector and was a part of the founding groups at two startups that scaled to multi-million-dollar valuations.
With this new funding, ACS Vitality plans to arrange greater than 5,000 UPI-enabled EV charging stations throughout Maharashtra and Gujarat to make charging extra accessible for each properties and companies. Moreover, part of the funding may also go into creating superior power administration methods for high-rise buildings. The corporate’s objective is to convey smarter energy distribution and cargo balancing so city areas can use power extra effectively.
Mitesh Shah, Co-Founder, IPV says, “India’s EV revolution is incomplete with out a sturdy assist system fuelling its progress. The transition from fuel-based power to inexperienced power must be extra accessible and seamless. ACS Vitality gives greater than only a charger – it’s a full {hardware} and software program package deal that makes charging fast, clear, and hassle-free. Their UPI-based system means anybody pays immediately, which makes EV charging as seamless as shopping for groceries.”
The group behind ACS Vitality ~ Jash Sheth (CEO) and Mihir Bhanushali (Co-Founder & COO) – aren’t simply constructing tech; they’re reimagining how India fees up. With sturdy backgrounds in tech and engineering, they’re pushing for infrastructure that’s clever and straightforward to make use of, making sustainable mobility really feel much less like a chore and extra like the apparent alternative.
Jash Sheth, Founder & CEO, ACS Vitality says, “At a petroleum pump, you don’t suppose twice — you simply pay and transfer. EV charging must be simply as easy. With India’s first UPI-enabled charging community, we’re bringing that very same ease to the EV ecosystem. Alongside, we’re launching our AI-driven Vitality Administration Techniques to assist buildings and DISCOMs handle load intelligently. This fundraise will energy our mission to simplify charging and optimize power use throughout India.”
At the moment energetic in Mumbai, Pune, Ahmedabad, Kerala, and Surat, ACS Vitality is scaling up quick, specializing in areas the place EV adoption is choosing up pace. By getting their UPI-enabled chargers out in these cities, it goals to construct a stable community that connects each metropolis dwellers and new EV hubs.
This 12 months alone, India’s EV charging infrastructure market is price about $450 million. By 2032, it’s anticipated to high $13 billion, rising at over 30% annually. Globally, the market may hit $400 billion by 2034, fueled by electrification and smart-grid tech. As the federal government’s PM E-DRIVE scheme – with an enormous ₹10,900 crore finances interprets into extra public and residential charging stations, it’s an enormous likelihood for firms like ACS to leap in on authorities and utility initiatives, driving India’s EV future ahead.
About ACS Vitality:
ACS Vitality is India’s first firm to allow UPI-based EV charging via its sensible AC chargers and proprietary ACS.Pay platform. With built-in AI load administration and seamless fee methods, ACS is simplifying EV adoption for properties, workplaces, and public areas—making charging actually accessible, interoperable, and dependable.
About Inflection Level Ventures:
Inflection Level Ventures (IPV) is an angel investing platform with over 24,000+ CXOs, HNIs, and Professionals to collectively spend money on startups. The agency helps new-age entrepreneurs by offering them with financial & experiential capital and connecting them with a various group of traders. IPV has launched a $50 Mn CAT 2 VC fund, Physis Capital, to spend money on Pre-Collection A to Collection B growth-stage start-ups. The fund has already deployed capital in six startups thus far, with a couple of offers in superior phases of pipeline.
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