COMPANY INTELLIGENCE PROFILE
Sharify Services Private Limited
Sharify Services Private Limited operates "Statiq," one of India's largest EV charging infrastructure networks (10,000+ chargers across 1,000+ cities).
Sharify Services Private Limited operates the "Statiq" EV charging network, one of India's largest with over 10,000 chargers in more than 1,000 cities. Registered in the NIC group for electric power, the company reported revenue from operations of ₹67.53 crore in FY23, dropping to ₹40.9 crore in FY24. Total funding raised is approximately $45.5 million across four rounds, with major investments from Shell Ventures and other notable firms.
AI-generated, may contain errors.
Business Overview
- Sharify Services Private Limited is the registered legal entity operating the "Statiq" EV charging brand.
Sector & Classification
NIC group 401 — Electric power generation, transmission & distribution (CIN class U40106). Operationally: EV charging infrastructure / cleantech-mobility. (Note: TheCompanyCheck alternatively tags it "online automotive platform / e-commerce" — treat as unreliable classifier noise; the electric-power NIC is the registry classification.)
Directors & Key Management
Directors — source notes
Akshit Bansal — DIN 08660324 (Director / Co-founder & CEO); Raghav Arora — DIN 08660323 (Director / Co-founder & CTO). Both ~7-year tenure. Rohit Razdan — DIN 05138893, listed as Nominee Director by TheCompanyCheck (likely investor nominee; single-source, partial). (Sources: Tofler, TheCompanyCheck)
GST Registrations
Primary GSTIN: 06ABDCS2014H1ZR — State: Haryana (code 06), Gurugram; Legal name Sharify Services Private Limited, Trade name "Statiq"; Type: Regular; Status: Active; Registered 28 Nov 2020. PAN: ABDCS2014H. Number of registrations/home state: not fully obtained (at least 1, Haryana). (Source: piceapp GST page, matches PAN)
Financials
Sharify Services reported a revenue of ₹40.9 crore for FY24, a 40% decline from ₹67.53 crore in FY23. Expected FY25 revenue is between ₹75-100 crore. The company faced a net loss of ₹44.52 crore in FY25, with borrowings increasing by 339.98%.
AI-generated, may contain errors.
| Standalone (Indian entity), audited MCA filings via Tofler/Entrackr: | |
| FY23 (Mar-2023) | Revenue from operations ₹67.53 cr. |
| FY24 (Mar-2024) | Revenue from operations ₹40.9 cr (down ~40% YoY). |
| FY25 (Mar-2025) | Revenue in the ₹50–100 cr band, Tofler tags ₹75–100 cr; exact figure not obtained. Net loss ₹44.52 cr, losses ballooned ~3.1x YoY per Entrackr. Net worth decreased ~6.42% |
| Total assets | +14.7% |
| Borrowings | +339.98% |
| Debt-to-equity | ~0.05. |
| EBITDA/PAT exact absolute figures for FY25 revenue: not obtained, only loss and ratio disclosed. Consolidated vs standalone: figures above are the standalone Indian entity., Sources: Tofler, Entrackr | |
Funding History
- Total raised ~$45.5M across ~4 rounds from ~11 investors. Key rounds: Series A ~$25.7M led by Shell Ventures (mid-2022)
- Feb 2026 ~$18M blended equity + debt round led by Tenacity Ventures with participation from Y Combinator, Shell Ventures and RCD Holdings.
- Investors include Y Combinator, Shell Ventures, Tenacity Ventures, RCD Holdings., Sources: Entrackr, Crunchbase, Tracxn round names
Loans & Charges
| Charge holder | Amount | Details |
|---|---|---|
| State Bank of India | ₹10.0 cr | created 29 Aug 2024 |
| HSBC | ₹1.5 cr | created 27 Jan 2025 |
- Two open charges (Source: Tofler): (1) (2) Consistent with FY25 borrowings jump of ~340%
Competitive Landscape
- Tata Power EV Charging (large)
- ChargeZone (mid-large)
- Glida, formerly Fortum India, mid
- Ather Grid (mid)
- Bolt.Earth (mid)
- ElectricPe (early-mid)
- Zeon Charging (mid). All operate in India's public/fleet EV charging infrastructure space.
Frequently Asked Questions
What does Sharify Services Private Limited do?
Sharify Services Private Limited operates 'Statiq,' one of India's largest EV charging infrastructure networks with over 10,000 chargers across more than 1,000 cities.
What is the CIN of Sharify Services Private Limited?
The CIN of Sharify Services Private Limited is U40106UR2020PTC010622.
What is the GSTIN of Sharify Services Private Limited?
The primary GSTIN of Sharify Services Private Limited is 06ABDCS2014H1ZR, registered in Haryana, Gurugram.
When was Sharify Services Private Limited incorporated?
Sharify Services Private Limited was incorporated on November 28, 2020.
What is the registered office address of Sharify Services Private Limited?
The registered office address of Sharify Services Private Limited is A-04, Shri Chandracharya Apartment, Nr. Bhairav Mandir, Kankhal, Haridwar, Uttarakhand 249408.
Sources
TheCompanyCheck (thecompanycheck.com/company/sharify-services-private-limited/U40106UR2020PTC010622); Tofler (tofler.in/sharify-services-private-limited/company/U40106UR2020PTC010622); statiq.in (official site); piceapp.com GST page (06ABDCS2014H1ZR); Entrackr (FY24/FY25 financials & funding); Crunchbase/Forbes India/Tracxn (funding & profile).
Information compiled from public registry and secondary sources. It may be incomplete or dated; verify independently before relying on it.