Fortum Charge & Drive India Private Limited

Two e-vehicles charging batteries

In brief

Follow on investments into expansion of a charging network for electric vehicles (4-wheelers) in India.

Main development impact

Reduction of emissions, improvement in air quality.

Investment details

Name: Fortum Charge & Drive India Private Limited
Project number: 80000205
Region: Asia
Country: India
Sector: Energy
Signing date (month/year): November 2025
Currency: EUR
Finnfund's financing (commitment): 138,745
Instrument: Equity
Jurisdiction of registration: India
Size of the project financing: 338,730
Share of Finnfund's financing (%): 40.96
Status: Active

Please note, that in principle, this information is given at the time of signature according to Finnfund's disclosure policy. However, in the case of investment funds, the share of Finnfund’s financing (%) is disclosed after the fund’s final closing, and information on the portfolio companies financed by the fund is updated at least once a year.

Other investments

Name Country Signing date (month/year) Currency Finnfund's financing (commitment) Instrument
Fortum Charge and Drive India Pvt. Ltd. India August 2020 EUR 4,000,000 Equity
Fortum Charge and Drive India Pvt. Ltd. India March 2023 EUR 4,000,000 Equity
Fortum Charge & Drive India Private Limited India May 2025 EUR 410,000 Equity

Key facts

Name:

Fortum Charge & Drive India Private Limited

Sector:

Energy

Region:

Asia

Country:

India

Currency:

EUR

Finnfund's financing (commitment):

138,745

Signing date (month/year):

November 2025

Last update:

February 2026