F
FranchiseChuno
Sign InCreate AccountList Your Franchise
ChargeZone

ChargeZone Franchise

Automobile & EVEst. 2018Vadodara, Gujarat

EV charging franchise from ₹25 L* (fast) or ₹1 Cr* (super); says payback 2–4 years; franchisor reported a ₹43.4 Cr loss in FY26.

ChargeZone franchise at a glance (terms checked Oct 2026)

Taking franchiseesModels: UnitTerms checked Oct 2026

Investment

₹25 L - ₹1 Cr

Partly published by the brand · In line with the category (typical ₹33.75 L–₹1.22 Cr, median ₹37.5 L, 7 verified brands)

Ongoing take

Not published

Franchise fee

Not published

Payback

24–48 months

Brand's own claim

58Fair · provisionalFranchiseChuno Score · 60% of data verified
  • Franchisor made a loss of ₹43.4 Cr in FY26
  • Payback claim is 1.8× better than Autocar Professional (Apr 2025), Apr 2025
  • Legal or regulatory action on record — see Reputation & News
  • Disputes with franchisees: None found (records checked Oct 2026)
  • Revenue trend: +164% revenue FY25→FY26
  • Company standing: Active and up to date with the registrar

Franchisor strength isn't franchisee profit — check real outlet numbers.

Outlets

1,200 (brand claim)

What we couldn't verify

  • • Outlet closures
  • • Franchisee satisfaction
  • • Outlet claim matches reality
  • • Network growth

Ask before you sign

  1. Speak to at least 3 franchisees who have run an outlet for 2+ years and see their actual monthly sales and profit — a franchisor making money doesn't mean its franchisees do.
  2. Ask for the one-time franchise fee in writing, and whether any part is refundable.
  3. Ask for the royalty and any marketing-fund fee, and how they're calculated (on sales or profit).

Franchise terms checked against ChargeZone's official franchise page on 16 Oct 2026. Figures marked * aren't published by the brand — they come from other published sources or our own estimate, and aren't verified.

Ways to Partner with ChargeZone

2 partner models published by the brand. Figures it doesn't publish are left blank.

Unit franchise

Fast charging station

Investment
₹25 L – ₹1 Cr
Space
From 550 sq ft
Royalty / margin
Not published; ChargeZone says typical payback is 2–4 years
Territory
Not stated
Who it suits
Site with 50–150 kVA sanctioned load

30, 60 or 120 kW DC chargers (single or dual gun) for CCS2 passenger EVs; about 550 sq ft (2 car parks); 12–20 weeks from agreement to commissioning. The ₹25 L figure is a starting amount.

Unit franchise

Super charging station

Investment
₹1 Cr – ₹10 Cr
Space
—
Royalty / margin
Not published; ChargeZone says typical payback is 3–5 years
Territory
Not stated
Who it suits
Site with 250–1,200 kVA sanctioned load

240 and 360 kW DC chargers, scalable to 1.2 MW, for cars, e-buses and trucks; larger site; Solar + battery storage option; 20–24 weeks from agreement to commissioning. The ₹1 Cr figure is a starting amount.

Reported Elsewhere

Not verified

ChargeZone doesn't publish these figures. Other sources have reported them, so they're here to give you a rough idea only. They may be out of date or wrong, and the real numbers can differ a lot — get them from the brand in writing before you decide.

ChargeZone's stated RoI target (company-wide)Reported by Autocar Professional (Apr 2025), Apr 2025 · Reported as the company's RoI target for its own operations, not a franchisee's result
5–6 years*

What ChargeZone Says You Can Earn

Claims don't add up

ChargeZone's own claim — no evidence given. These are not FranchiseChuno's estimates or a promise of earnings; ask existing franchisees what they actually make.

PaybackMonths until cumulative profit equals what you invested.
24 months – 48 months

Claim vs evidence

The same measure from other sources. Franchisee figures are their own reports (shown only once at least 3 have reported); figures marked * aren't verified. Only franchisee and third-party figures affect the Score — never our own estimate.

Payback — ChargeZone's claim24–48 months
  • Reported by Autocar Professional (Apr 2025), Apr 202560–72 months*Claim much more optimistic

ChargeZone says typical ROI is 2–4 years (fast) and 3–5 years (super); this is a payback period, not a yearly return. In an Apr 2025 interview it said it works to an RoI target of 5–6 years.

Reputation & News

3 red flags to check

What the press, courts and real franchisees or customers have said about ChargeZone — summarised by us, with every source linked.

⚠ Scam alert

ChargeZone warns of fake offers about PM E-DRIVE subsidies

ChargeZone says social media accounts are misusing its name, logo and trademark to spread false claims about charging-station investments under PM E-DRIVE, and that such subsidies are approval-based, not an automatic entitlement. Treat any offer promising guaranteed subsidy money with caution.

Source: ChargeZone's franchise page (the brand's own site)
  • In the news· Sep 2026

    FY26 standalone loss of ₹43.4 Cr on ₹117.6 Cr revenue

    ChargeZone's audited FY26 accounts show revenue of ₹117.63 Cr (FY25: ₹44.48 Cr) and a loss of ₹43.40 Cr (FY25: ₹50.86 Cr). Charging-service sales were ₹64.24 Cr and charger-equipment sales ₹45.62 Cr. A franchisor's loss does not show what a partner's station earns.

    Source: Tecso Charge Zone FY26 annual report
  • Legal / regulatory· Jul 2026

    US investor sues ChargeZone over a 2021 warrant (alleged)

    Angel Deal Syndicate LLC, which bought a warrant from a bankrupt accelerator, alleges in a Jul 2026 complaint (W.D. Texas, Civil No. 1:26-cv-02071) that ChargeZone withheld financial records and skipped offering notices; it seeks damages above $20 M or specific performance. ChargeZone's annual report says it has moved to dismiss for lack of personal jurisdiction and insufficient service. The source is the plaintiff's paid press release; nothing has been decided.

    Source: GlobeNewswire (paid placement by the plaintiff)
  • In the news· Sep 2026

    Network utilisation about 14%

    Autocar Professional (Sep 2026) reports ChargeZone puts current average utilisation at 14% and projects 30% after a 1,000-station supercharging build-out backed by fleet energy contracts worth over $1 B. Low utilisation weighs on a station's revenue.

    Source: Autocar Professional
  • Legal / regulatory· Sep 2026

    ChargeZone pursues arbitration against Rajasthan Electronics (REIL)

    The FY26 annual report says ChargeZone seeks an arbitrator to recover ₹9.58 Cr spent on REIL projects that could not be completed, and has asked a Jaipur commercial court to stop REIL invoking ₹1.41 Cr of bank guarantees. ChargeZone is the petitioner; these are its own claims.

    Source: Tecso Charge Zone FY26 annual report
Show 4 more
  • In the news· Apr 2025

    Network figure includes partner operators; payback target is 5–6 years

    In Apr 2025 Autocar Professional reported a 13,500-charger platform in which about 5,400 chargers (nearly 40%) are company-owned and the rest are other operators' chargers reachable through roaming, and that ChargeZone's RoI target is 5–6 years. The franchise page quotes 2–4 years for fast charging.

    Source: Autocar Professional
  • In the news· Sep 2026

    Battery-swap service wound down

    The FY26 annual report notes that expenditure on its battery-swapping service stations is treated as onerous because the company is no longer providing that service.

    Source: Tecso Charge Zone FY26 annual report
  • Customer view· Oct 2026★ 4.7/5 · 11,887 ratings

    ChargeZone app: 4.7 on Google Play

    App users (customers) rate the ChargeZone: EV Charging India app 4.7 out of 5 on Google Play.

    Source: Google Play
  • Customer view· Oct 2026★ 4.7/5 · 4,404 ratings

    ChargeZone app: 4.7 on the App Store

    App users (customers) rate the app 4.7 out of 5 on the Apple App Store (India).

    Source: Apple App Store

Key Terms at ChargeZone

The clauses that shape day-to-day running and your exit — read these before the fee.

Funding options

Bank loan

State Bank of India (EV Mitra scheme) · Up to 75% of total setup cost; setups from ₹25 L to ₹10 Cr

Interest from 6.7%*, tenure up to 7 years*, collateral-free with no personal guarantee, as ChargeZone states; asterisked terms are not detailed

Legal & Contract Summary

Key contract terms at a glance — read before you sign.

Agreement Type

FOCO

Franchisee-Owned, Company-Operated

Contract Duration

—

Renewal Available

—

Territory Exclusivity

—

Non-Compete Clause

—

Exit Clause

—

Who Can Apply for ChargeZone

Conditions the brand sets for partners, and the licences the business needs.

  • Site for a fast-charging station: About 550 sq ft (2 car parks) with 50–150 kVA sanctioned loadRequired
  • Site for a super-charging station: Larger footprint with 250–1,200 kVA sanctioned loadRequired

Licences & registrations

LicenceIssued byWho gets it
Sanctioned electricity load / grid connectionChargeZone says it assists with site layout and DISCOM approvalsState electricity distribution company (DISCOM)You

About the Brand

Brand USP

Partner-owned fast and super-charging stations run on ChargeZone's own network, with bank loans of up to 75% via SBI EV Mitra (as it states).

HeadquartersVadodara, Gujarat
ChargeZone, run by Tecso Charge Zone Limited of Vadodara, operates a public EV charging network and sells charging hardware and software. Its franchise page claims 15,000+ charging points. Autocar Professional (Sep 2026) put the network at 15,000+ points across 1,200+ locations in India and the UAE, but its Apr 2025 report said only about 5,400 chargers were company-owned and the rest were other operators' chargers reachable through roaming. ChargeZone's own locator had 236 city pages in 26 states and UTs on 12 Oct 2026. ChargeZone's franchise (formerly the dealer-owned, company-operated model) has two formats: fast-charging stations from ₹25 L* (30–120 kW DC chargers, about 550 sq ft, 50–150 kVA load) and super-charging stations from ₹1 Cr* (240–360 kW). Its FAQ gives ranges of ₹25 L–₹1 Cr and ₹1 Cr–₹10 Cr. It says typical payback is 2–4 years for fast and 3–5 years for super, and offers SBI EV Mitra loans of up to 75% of setup cost from 6.7%*. The franchise fee, revenue share and contract term are not published. What to watch: ChargeZone reported a standalone loss of ₹43.4 Cr on ₹117.6 Cr revenue in FY26 (FY25: loss ₹50.9 Cr on ₹44.5 Cr), says average network utilisation is about 14%, and had borrowings of ₹219.9 Cr against equity of ₹136.5 Cr at 31 Mar 2026 (equity ₹178.0 Cr a year earlier). In Apr 2025 it said its RoI target is 5–6 years, longer than the 2–4 years on its franchise page. A US investor sued it in Jul 2026 for $20 M+ over a 2021 warrant (alleged; ChargeZone has moved to dismiss), and it is pursuing arbitration against Rajasthan Electronics for ₹9.58 Cr. It also warns of fake social-media offers about PM E-DRIVE subsidies. A franchisor's accounts say nothing about what one station earns; ask existing partners for station-level sessions and revenue.

Why invest in ChargeZone?

- ChargeZone quotes fast-charging stations from ₹25 L* and super-charging from ₹1 Cr*, with SBI EV Mitra loans of up to 75% of setup cost - Its station locator had 236 city pages in 26 states and UTs on 12 Oct 2026 (our count) - Its FY26 accounts carry an unmodified opinion from auditor B S R and Co; the auditor says it could not confirm that the accounting software's audit trail was enabled all year (annual report, Sep 2026)

ChargeZone by the Numbers

Source marked on each figure

15,000+

Charging points claimed on its franchise page · Oct 2026

Brand claim

15,000+ points, 1,200+ locations (India and UAE)

Charging points and locations reported by the trade press · Sep 2026

Brand claim

about 5,400

Company-owned chargers (about 40% of those on its platform) · Apr 2025

Brand claim

about 14%

Average network utilisation (company statement) · Sep 2026

Brand claim

236 in 26 states and UTs

City pages on its station locator (our count) · Oct 2026

Store locator

Cities with Outlets

Show all 66 cities
Gurgaon, HaryanaVisakhapatnam, Andhra PradeshVijayawada, Andhra PradeshTirupati, Andhra PradeshGuwahati, AssamGaya, BiharMuzaffarpur, BiharRaipur, ChhattisgarhBilaspur, ChhattisgarhAhmedabad, GujaratSurat, GujaratVadodara, GujaratRajkot, GujaratGandhinagar, GujaratFaridabad, HaryanaPanipat, HaryanaAmbala, HaryanaRanchi, JharkhandJamshedpur, JharkhandBangalore, KarnatakaMangaluru, KarnatakaHubballi, KarnatakaKochi, KeralaKozhikode, KeralaThrissur, KeralaBhopal, Madhya PradeshIndore, Madhya PradeshGwalior, Madhya PradeshMumbai, MaharashtraPune, MaharashtraNagpur, MaharashtraNashik, MaharashtraChhatrapati Sambhajinagar, MaharashtraThane, MaharashtraNavi Mumbai, MaharashtraShillong, MeghalayaBhubaneswar, OdishaLudhiana, PunjabAmritsar, PunjabJalandhar, PunjabJaipur, RajasthanJodhpur, RajasthanUdaipur, RajasthanKota, RajasthanChennai, Tamil NaduCoimbatore, Tamil NaduMadurai, Tamil NaduTiruchirappalli, Tamil NaduSalem, Tamil NaduHyderabad, TelanganaWarangal, TelanganaLucknow, Uttar PradeshNoida, Uttar PradeshKanpur, Uttar PradeshAgra, Uttar PradeshMeerut, Uttar PradeshDehradun, UttarakhandHaridwar, UttarakhandKolkata, West BengalSiliguri, West BengalHowrah, West BengalChandigarh, ChandigarhDaman, Dadra and Nagar Haveli and Daman and DiuSilvassa, Dadra and Nagar Haveli and Daman and DiuSrinagar, Jammu and KashmirJammu, Jammu and Kashmir

Cities with Outlets

66 cities
Has an outlet
Major city, no outlet listed
Click a city to explore

Company Financials

Brand-level, publicly reported

The franchisor's own company health — separate from what a single franchise outlet earns.

Revenue (FY26)

₹117.63 Cr

Net loss (FY26)

₹43.4 Cr

Total funding raised

$97.5M+

Latest round (30 Apr 2024)

$19.0M · Series A, per Tracxn

Employees (May 2026)

181

Notable investors

BlueOrchardVenture CatalystsMumbai AngelsBritish International InvestmentMacquarie

A profitable franchisor doesn't mean profitable franchisees. These are the company's numbers, not an outlet's. A franchisor can grow on fees and supplies while outlets struggle — talk to existing franchisees and see their accounts before you decide.

Company Health Check

What ChargeZone's franchisor company has filed with the registrar and the courts — the checks a lawyer would run before you sign.

Status with the registrar
Active
Last AGM
29 Nov 2025
Paid-up capital
₹10.4 Cr
Auditor
B S R and Co (FY26)

Group companies

  • Tecso Charge Zone One Private LimitedSubsidiary · 100%
  • Tecso Charge Zone Equator Private LimitedSubsidiary · 100%

Source: MCA records via Tracxn; FY26 annual report (Sep 2026). Tracxn returned no registrar-compliance flag or case counts for this entity. Debt outstanding is total borrowings in the FY26 standalone balance sheet (long-term ₹195.4 Cr + short-term ₹24.6 Cr, incl. optionally convertible debentures ₹150 Cr), not Tracxn's registered-charge totals. (checked Oct 2026)

Full company recordsFinancials year by year, registered details, leadership and timelineShow

ChargeZone Financials Over Time

Figures for the brand, from filed or reported accounts.

FY20
₹35.58 L
Loss ₹21.58 L
FY21
₹4.89 Cr▲ 1274%
Loss ₹75.36 L
FY22
₹16.08 Cr▲ 229%
Loss ₹4.15 Cr
FY23
₹34.12 Cr▲ 112%
Loss ₹9.89 Cr
FY24
₹54.8 Cr▲ 61%
Loss ₹7.91 Cr
FY25
₹44.48 Cr▼ 19%
Loss ₹50.86 Cr
FY26
₹117.63 Cr▲ 164%
Loss ₹43.4 Cr

Source: MCA filings via Tracxn (basis may differ from the standalone FY26-report comparatives; Tracxn's FY25 is revenue ₹61.08 Cr, loss ₹52.07 Cr) · FY26 annual report comparatives (standalone, audited by B S R and Co) · FY26 annual report (standalone, audited by B S R and Co)

A profitable franchisor doesn't mean profitable franchisees. These are the company's numbers, not an outlet's. A franchisor can grow on fees and supplies while outlets struggle — talk to existing franchisees and see their accounts before you decide.

Company Profile

The legal entity behind the brand, its leadership, and its official channels.

Registered name
Tecso Charge Zone Limited
Company type
Public Limited Company (unlisted)
CIN
U40108GJ2018PLC103380
Incorporated
23 Jul 2018
Headquarters
Vadodara, Gujarat

Leadership

  • KKartikey HariyaniFounder, CEO and Director
  • KKinnari HariyaniDirector
  • MManish MadhogariaChief Financial Officer
  • AAnuj K SharmaCompany Secretary

Social presence

LinkedInFacebookXApp

Company details source: MCA records via Tracxn

ChargeZone Timeline

  1. Jul 2018

    Tecso Charge Zone Limited incorporated

    Registrar records via Tracxn; ChargeZone says it was founded in 2018.

  2. Apr 2024

    Series A of USD 19M

    Latest funding round per Tracxn; total equity funding USD 97.5M.

    Source
  3. Apr 2025

    Network of 13,500 chargers reported, about 5,400 company-owned

    Autocar Professional: the rest are partner operators reachable through roaming; Rs 300 crore of bank debt raised and Rs 300–400 crore FY26 capex planned.

    Source
  4. Jul 2026

    US warrant lawsuit filed

    Angel Deal Syndicate LLC sued in the W.D. Texas (Civil No. 1:26-cv-02071) for $20 M+; ChargeZone has moved to dismiss.

    Source
  5. Sep 2026

    FY26 accounts: ₹117.6 Cr revenue, ₹43.4 Cr loss; $1 B of energy contracts announced

    Standalone accounts audited by B S R and Co; Autocar Professional reports 1,000 new super-charging stations planned and $25 M of bank debt raised.

    Source
  6. FY27Announced plan

    $100 M further fundraise planned

    ChargeZone said it plans to raise a further $100 million during 2026-27.

    Source

FranchiseChuno Analysis

Our analysis of verified data

How ChargeZone looks once the numbers are checked side by side.

  • •Investment above the Automobile & EV medianMidpoint ₹62.5 L vs a category median of ₹37.5 L across brands on FranchiseChuno.
  • !The franchisor company is loss-makingIts latest filed accounts show a net loss. Franchisors that lose money can cut support or change terms — ask how franchise operations are funded.
  • ✓Brand operating for 8 yearsFounded in 2018. The brand doesn't state when franchising began.
  • !3 red flags in the news or public discussionSee Reputation & News below, and ask the brand to address each one.

Data completeness

55%

  • ✓ Terms checked against the brand's own page
  • ✓ Published investment (not an estimate)
  • ○ Franchise fee
  • ○ Royalty
  • ○ ROI or payback claim
  • ○ Agreement term
  • ○ Training details
  • ✓ Outlet cities verified
  • ✓ Company financials
  • ✓ Legal entity
  • ✓ News & public opinion checked

Ask Before You Sign

Questions tailored to what ChargeZone does and doesn't publish.

  1. 1Speak to at least 3 franchisees who have run an outlet for 2+ years and see their actual monthly sales and profit — a franchisor making money doesn't mean its franchisees do.
  2. 2Ask for the one-time franchise fee in writing, and whether any part is refundable.
  3. 3Ask for the royalty and any marketing-fund fee, and how they're calculated (on sales or profit).
  4. 4Ask for the agreement term, renewal fee and exit or transfer terms.
  5. 5Ask whether you get an exclusive territory, and how large it is.
  6. 6Ask how the franchisor funds training and support while it's loss-making.
  7. 7Ask the brand to respond to each red flag listed under Reputation & News.
  8. 8Have a lawyer review the franchise agreement before paying anything.
  9. 9Visit 2–3 existing outlets and speak to their owners without the brand present.
Running the outletSpace, staff, launch steps, training, support and who does whatShow

Operations Required

What you'll need on the ground to run this franchise day-to-day.

Area Required

550 sq ft

Staff Needed

—

Setup Time

—

Owner Involvement

—

Best Locations

Not published

Business Type

Not published

Training & Support

What the brand provides to help you launch and run your franchise.

Operations Manual

Step-by-step playbook for running the outlet

Not published

Supply Chain Support

Vendor sourcing, inventory & logistics

Not published

Technology / POS

Billing, inventory, and management software

Not published

Marketing Support

National & local marketing campaigns

Not included

Launch Support

Pre-opening setup and grand-opening assistance

Not published

Ongoing Field Support

Regular visits and operational coaching

Not published

Ongoing Support

ChargeZone lists a CMS dashboard, 24x7 technical support and marketing help for fast-charging stations, and says it assists with site layout and electricity-utility approvals.

What ChargeZone franchisees say

We haven't yet heard from enough ChargeZone franchisees to show anything. We publish totals once 3 or more people who run an outlet have answered and we've called each one to check.

I run a ChargeZone outlet — share how it went

Frequently Asked Questions

What is the total investment for a ChargeZone franchise?
ChargeZone states an investment of ₹25 lakh–₹100 lakh. ChargeZone quotes 'starting' investments of ₹25 L for a fast-charging station and ₹1 Cr for a super-charging station (marked with an asterisk), and its FAQ gives ranges of ₹25 L–₹1 Cr (fast) and ₹1 Cr–₹10 Cr (super). The range here covers the fast-charging format; what the amounts include is not published.
How long does ChargeZone say it takes to recover the investment?
ChargeZone states a payback of 24–48 months — the time for cumulative profit to equal the initial investment, as the brand claims it.

Similar Automobile & EV Franchises

View All

Interested in

ChargeZone