Ionage

What Ionage does

IONAGE Technologies Pvt Ltd is a Bangalore-based SaaS provider founded in September 2021 that operates a hardware-agnostic EV charging management platform built on OCPP and OCPI open standards. The platform aggregates 5,000+ chargers across 13+ charging networks, exposes 13,000+ charge points to 50,000+ app users, and has facilitated more than 101,000 charging sessions as of 2024. Core products include IONAGE Nexus (a Charge Point Management System for CPOs with real-time monitoring, FOTA updates, smart load management, and multi-OEM support), the IONAGE consumer app (cross-network discovery, charging, and payment), IONAGE Flo (a CPO-to-fleet marketplace), IONAGE Casa (home and public charging), and developer tools comprising the Discovery API and a closed-beta Mobile SDK.

The company serves a horizontal set of customer segments including charge point operators, fleet operators, individual EV owners, charger OEMs, automotive OEMs, residential welfare associations, and hospitality providers. Distribution is multi-modal: direct enterprise field sales anchored by oil-major and OEM accounts (BPCL, HPCL, MG Motor India), white-label SDK embedding into partner apps (BPCL's helloBPCL app, MyGate), API/SDK integration with map and roaming platforms (HERE Maps, VerdeMobility via OCPI), and a self-serve consumer app distributed through iOS and Android stores. Revenue is generated through subscription software licensing (per-charger or per-network), transaction fees on charging sessions, SDK/API licensing, white-label OEM integration, and fleet management services, with enterprise pricing quote-based and a 30-day free trial offered to new platform users.

Name

Ionage

Legal name

IONAGE Technologies Pvt Ltd

Website

https://ionage.in

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

1–10 employees

Short description

Bangalore-based IONAGE Technologies is an EV charging SaaS provider serving charge point operators, fleet operators, EV owners, and automotive OEMs with a hardware-agnostic platform spanning its Nexus CPMS, consumer app, and developer SDK/API tools, anchored by enterprise customers BPCL, HPCL, and MG Motor India.

Ownership category

akta.pro rank

Product category

EV Charging Management Software

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821)

SIC

Services-Computer Integrated Systems Design (7373), Services-Computer Programming Services (7371)

akta.pro primary industry

EV Charging Network Management & Software Services (CPMS, Monitoring, Billing) (TLAKAMAG)

akta.pro secondary industries

EV Fleet Management & Charging Solutions (THADAKAJ), Interoperability, Protocols & Standards (OCPP, ISO 15118, OCPI, OpenADR) (EUAFAMAH), Charging Network Operators & CPOs Offering Smart Charging/V2G (EUAFAMAD)

Keywords

• EV charging software
• Charge point management
• EV charging marketplace
• Fleet charging platform
• OCPP interoperability

Headquarters

HQ city

Bangalore

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Software Platform Subscription: Charging management software (IONAGE Nexus) sold on a per-charger or per-network basis with monthly/annual subscription fees. Enterprise customers like BPCL operate large networks (800+ chargers) on the platform.
2. Transaction Fees: Fee collection from charging sessions processed through the platform. The platform displays metrics like Total Sessions (3,254) and Fees Collected (₹13,254) indicating per-transaction revenue.
3. SDK/API Licensing: Revenue from licensing SDK and API access to enterprise partners including automotive OEMs, fleet management platforms, and app developers who integrate EV charging into their platforms.
4. White-Label/OEM Integration: Full-stack integration of Ionage's mobile app technology into partner brands (e.g., helloBPCL app), potentially with licensing and support fees.
5. Fleet Management Services: Fleet-specific product (IONAGE Flo) providing coordinated charging management for electric vehicle fleets with marketplace dynamics.

Pricing tiers

Go-to-market motion4 records

Distribution channels5 records

Marketing channels6 records

Core offering

Ionage operates a hardware-agnostic, interoperable EV charging software platform that connects EV owners, charging networks, and fleet operators. Its core products include IONAGE Nexus (a Charge Point Management System for CPOs), the IONAGE consumer app (aggregating 13,000+ charge points across 50+ networks), IONAGE Flo (a CPO-fleet marketplace), IONAGE Casa (home and public charging), plus Discovery API and SDK for Business developer tools. The platform supports OCPP and OCPI standards, enabling cross-OEM charger management and cross-network roaming for EV drivers in India.

Product overview

IONAGE is an open, purpose-built EV charging software platform that provides a unified ecosystem connecting EV owners, fleets, charging networks, and businesses. The platform architecture consists of core products: IONAGE Nexus (a hardware-agnostic Charge Point Management System for CPOs), IONAGE App (consumer-facing mobile app for drivers), IONAGE Flo (a marketplace connecting CPOs and fleets), and IONAGE Casa (home and public charging solution). Developer tools include Discovery API for real-time station data integration and SDK For Business for app embedding. The platform supports OCPP and OCPI protocols for interoperability, enables access to 13,000+ charge points across 50+ networks, and extends through initiatives like Digital Solar (renewable energy integration) and MG Charge (destination charging).

Differentiator

Problem solved

Functional benefit

Products and services

• IONAGE Nexus Hardware-agnostic Charge Point Management System (CPMS) for Charge Point Operators providing real-time monitoring, automated alerts, smart load management, advanced analytics, FOTA updates, and multi-OEM charger management through a single platform with OCPP and OCPI interoperability.
• IONAGE App Consumer-facing mobile EV charging companion app for EV owners enabling charger discovery, trip planning, charging at home or on the go, and seamless payment across 50+ charging networks and 13,000+ charge points in India.
• IONAGE Flo Curated marketplace linking Charge Point Operators (CPOs) and fleet operators, making it easier to discover, connect, and respond to charging demands with tailored CPO-fleet partnership solutions.
• IONAGE Casa Smart connected solution providing a single interface for both home and public charging, enabling users to save costs and charge sustainably with smart energy management.
• Discovery API Real-time station data API providing charger availability tracking for app integration, used to integrate EV charging data into vehicle systems, navigation apps, and maps for driver accessibility.
• SDK for Business Software Development Kit (currently in Closed Beta) that enables businesses to add EV charging capabilities into their existing apps without requiring additional platforms, deployed for example within BPCL's helloBPCL app and the MyGate residential platform.
• Digital Solar (with Sunday Grids) Digital Solar initiative powered by Sunday Grids that enables users to reserve solar energy and use solar credits to charge their EVs, providing access to renewables and making sustainable charging more accessible.

Quantifiable outcome

• BPCL achieved 800+ chargers deployed across 28 states in 18 months with 75% uptime maintained
• +4 more outcomes

Named customers5 records

Segments7 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

AI capability2 records

Feature7 records

Partnerships

Eight partnerships are on record, tiered core and major.

• Hindustan Petroleum Corporation Limited (HPCL)coreStrategic or Co-development Partner · 26 June 2025IONAGE integrated HPCL's EV charger network into its platform, enabling EV drivers to access HPCL charging stations through the IONAGE app. This partnership supports India's EV infrastructure development with plans to deploy over 5,000 EV chargers.
• ExicommajorTechnology or Integration · 15 May 2025Collaboration to improve EV charging accessibility in India. Exicom, as a charger manufacturer, integrates with IONAGE's platform to enable interoperability and broader charging network access.
• Bharat Petroleum Corporation Limited (BPCL)coreStrategic or Co-development Partner · 6 May 2025Strategic partnership to drive India's evolving EV charging ecosystem. IONAGE manages BPCL's eDrive network of 800+ chargers across 28 states and 8 union territories, providing software platform and customer support.
• Sunday GridsmajorStrategic or Co-development Partner · 16 February 2025Joint launch of Digital Solar EV charging platform allowing users to reserve solar energy and offset their EV charging costs with renewable energy credits.
• MG Motor IndiacoreStrategic or Co-development Partner · 1 January 2025Partnership to create a destination charging ecosystem in India. IONAGE powers the MG Charge program which deployed 500 EV chargers in 500 days at hotels, resorts, malls, residential complexes, and institutions. Goal is 1,000 charging points in 1,000 days.
• VerdeMobilitymajorTechnology or Integration · 1 January 2024OCPI (Open Charge Point Interface) integration enabling roaming between VerdeMobility's network and IONAGE platform, allowing drivers to access both networks seamlessly.
• HERE MapsmajorTechnology or Integration · 1 January 2024API integration with HERE Maps to provide real-time EV charging station data within navigation applications, enhancing driver convenience for route planning.
• MyGatemajorOEM/ Whitelabel/ Licensing Partner · 1 January 2023Mobile SDK integration deployed within MyGate residential management platform, enabling EV charging access for residents in communities using MyGate.

Scale indicators10 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• ChargePoint: Global leader in EV charging networks and charge point management software. Directly comparable to Ionage Nexus as a CPMS serving CPOs, though ChargePoint also operates its own network of chargers and is a more vertically integrated, much larger player.
• Driivz: Global EV charging management software platform serving large CPOs and utilities with OCPP-based back-office solutions. Directly comparable as a pure-play CPMS vendor, though Driivz focuses on enterprise/utility customers globally rather than India.
• Kazam: India-based EV charging SaaS platform providing CPMS, smart charging, and network management for CPOs and fleets. Closest direct competitor to Ionage in the Indian market with very similar product positioning and target customers.
• Statiq: Indian EV charging network operator and software platform offering discovery, payments, and charger management. Comparable as a horizontal India-focused platform combining CPO software and consumer-facing app, directly overlapping with Ionage's product set.
• Tata Power EZ Charge: One of India's largest EV charging network operators, with a CPMS-like platform for managing chargers across the country. Directly comparable as a domestic peer operating CPMS-style software for CPOs in India, but with significantly greater capital backing and scale.

Emerging players

• Charzer: India-focused EV charging solutions provider offering smart charging hardware and software for residential and commercial deployments. Comparable as a domestic charging-software and hardware player overlapping with Ionage's CPO and RWA segments.

Broad incumbents

• EVBox: Global EV charging hardware and software provider offering a CPMS (Everon) for managing multi-vendor networks. Comparable to Ionage in the CPMS/OCPP layer, but operates as a vertically integrated hardware-plus-software incumbent rather than a pure software player.
• Schneider Electric: Global energy management and automation company offering EV charging infrastructure and energy management software. Comparable as an enterprise-grade provider of charging and energy-management software for commercial and utility customers, though Schneider's offering is part of a much wider portfolio.
• Ather Energy: Indian EV OEM that also operates the Ather Grid public charging network. Comparable as a domestic EV ecosystem player with both hardware and a software layer, though its charging platform is more vertically tied to its own vehicles rather than hardware-agnostic.
• ABB E-mobility: Global industrial giant with a large EV charging business spanning hardware, software, and grid services. Overlaps with Ionage's smart-charging and CPO software capabilities, but with vastly greater resources and a broader product portfolio.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/ionage

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ionage