Exicom Tele Systems Limited

What Exicom Tele Systems Limited does

Exicom Tele Systems Limited is an India-based, NSE-listed power-electronics company founded in 1994 that operates two business verticals: EV charging solutions and critical power solutions for telecom and data infrastructure. The EV charging business spans home AC chargers (Spin Air, Spin Free) controlled via the Spin Control mobile app, a portfolio of public DC fast chargers (Harmony Direct 2.0, Slim 60 2.0, Harmony Wall, Harmony Distributed, Harmony Boost, Exicom One) with power outputs from 3.3 kW up to 400 kW, and a software stack anchored by Harmony OS (India's first indigenously developed charger operating system), Harmony Connect (AI-enabled remote management for predictive maintenance), Harmony Net (intelligent real-time power sharing), and ChargeX (CPO/fleet management platform). The critical power vertical supplies rectifiers, solar chargers, controllers, integrated power systems, telecom battery systems, and data center power solutions. Exicom monetizes primarily through hardware sales (the dominant revenue stream), supplemented by software subscriptions for Spin Control, ChargeX, and Harmony Connect, plus technical support and warranty services often delivered through deployment partners such as Mufin Green Infra.

The company reaches customers through a multi-channel go-to-market: direct enterprise field sales targeting charge point operators (ChargeZone, IONAGE), fleet operators, automotive OEMs (MG Motor India), telecom operators, and data centers; an e-commerce marketplace (marketplace.exicom.com) for direct consumer and SMB sales of home chargers; and a growing channel-partner network across India, Southeast Asia, the Middle East, the UK, Europe, and the US. The August 2024 acquisition of Tritium (Australia) materially expanded international reach to 47 countries, added a Tennessee manufacturing facility and Brisbane R&D center, and contributed an installed base of 13,000+ DC fast chargers. With ~1,200 employees globally, an installed base of 1.5–1.75 lakh (150,000–175,000) chargers worldwide, and a new INR 100 Cr integrated manufacturing facility in Hyderabad inaugurated in December 2025, Exicom operates as India's largest EV charger manufacturer with growing global scale. Strategic interoperability partnerships with Hubject (Plug&Charge / ISO 15118) and IONAGE (open charging network CMS) position the company's hardware as a default integration target in India's emerging charging ecosystem.

Name

Exicom Tele Systems Limited

Legal name

Exicom Tele-systems Limited

Website

https://exicom.com

Company type

Public

Founded year

1994

Operating status

Operating

Headcount range

11–50 employees

Short description

Exicom Tele Systems Limited designs and manufactures EV chargers (home AC and DC fast chargers up to 400 kW) and critical power solutions for telecom and data center operators. It serves charge point operators, fleet operators, automotive OEMs, and utilities across India and 47 countries, post-Tritium acquisition.

Ownership category

akta.pro rank

Product category

EV Charging Infrastructure

NAICS

Electrical Equipment Manufacturing (3353), Electrical Equipment Manufacturing (33531)

SIC

Electronic & Other Electrical Equipment (No Computer Equip) (3600)

akta.pro primary industry

EV Charging Hardware Manufacturing (AC/DC Chargers/Dispensers) (IMACACAE)

akta.pro secondary industries

EV/Industrial Charging Power Electronics (Chargers, rectifiers, power stages) (IMAGADAF), Charging Infrastructure Components (connectors, cables, dispensers, payment/controls) (IMAGAHAH), EV Charging Network Management & Software Services (CPMS, Monitoring, Billing) (TLAKAMAG)

Keywords

• EV charging systems
• DC fast chargers
• AC home chargers
• Critical power solutions
• Telecom power systems

Headquarters

HQ city

New Delhi

HQ country

India

HQ region

Asia

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. EV Charging Hardware Sales: Exicom manufactures and sells a comprehensive range of EV charging hardware including AC home chargers (Spin Air, Spin Free), DC fast chargers (Harmony Direct 2.0, Slim 60 2.0, Harmony Wall, Harmony Boost, Exicom One, Harmony Distributed), and DC ultra-fast chargers (up to 400kW). This is the primary revenue driver, covering both retail/B2C and wholesale/B2B channels.
2. Critical Power Solutions Hardware: Exicom sells power management hardware including rectifiers, solar chargers, power systems, telecom battery systems, and data center power solutions to telecom operators, industrial customers, and data center operators. These solutions form the backbone of critical digital infrastructure.
3. EV Charging Software / Remote Management: Exicom generates recurring revenue from software subscriptions and licensing through its proprietary software platforms — Spin Control App, ChargeX, and Harmony Connect — providing remote monitoring, management, and analytics for EV charging networks.
4. Technical Support, Maintenance & Warranty Services: Exicom provides technical support, maintenance services, and warranty coverage as part of bundled EV charging solutions, often delivered through partners like Mufin Green Infra for installation and deployment of EV charging infrastructure.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels6 records

Core offering

Exicom designs, manufactures, and sells EV charging hardware (AC home chargers and DC fast chargers from 3.3kW to 400kW+) and supporting software platforms (Harmony OS, Harmony Connect, ChargeX, Spin Control App) for residential, commercial, and public charging. It also manufactures critical power solutions—rectifiers, solar chargers, power systems, telecom battery systems, and data center power infrastructure—serving telecom operators, industrial customers, and data center operators across India, Southeast Asia, Middle East, the US, and Europe.

Product overview

Exicom Tele Systems Limited operates two main business verticals: EV Charging Solutions and Critical Power Solutions. The EV charging portfolio includes home charging products (Spin Air, Spin Free) controlled via Spin Control App; public DC fast chargers spanning multiple form factors (Harmony Direct 2.0, Slim 60 2.0, Harmony Wall, Harmony Distributed, Harmony Boost, Exicom One); and software platforms (ChargeX, Harmony Connect, Harmony OS, Harmony Net). The Critical Power vertical provides rectifiers, solar chargers, controllers, power systems, telecom battery systems, and data center solutions. With manufacturing facilities in India and over 150,000 chargers installed globally across India, Southeast Asia, Middle East, US, and Europe, Exicom offers end-to-end solutions from AC wall boxes to high-power DC chargers.

Differentiator

Problem solved

Functional benefit

Brands

• Spin: Home charging product line including Spin Air and Spin Free EV chargers
• Harmony
• Harmony OS
• Harmony Connect
• ChargeX

Products and services

• Spin Air Smart home EV AC charger with power range from 7.5kW to 22kW, IP65 durability rating, solar compatibility, and intelligent load balancing for optimal energy distribution; for residential EV owners and RWAs.
• Spin Free Entry-level home EV charger designed for convenient residential charging with essential smart features for individual EV owners and residential complexes.
• Spin Control App Mobile application for residential end-users enabling remote charger operation, real-time monitoring, scheduling, analytics, smart device compatibility, and auto-charging scheduling for Exicom Spin home chargers.
• Harmony Direct 2.0 Next-generation DC fast charger powered by India's first indigenous Harmony OS, featuring AI-enabled remote management (Harmony Connect), dynamic load sharing, Harmony Net for real-time power sharing across multiple chargers, and power outputs up to 400kW; for charge point operators and public charging networks.
• Slim 60 2.0 Compact DC fast charger designed for space-constrained locations with efficient charging capabilities; for commercial sites and urban public charging deployments.
• Harmony Wall Wall-mounted DC fast charger for public and commercial charging applications; for sites requiring higher-power wall-mounted DC charging.
• Harmony Distributed Charging System Distributed EV charging solution enabling flexible deployment with intelligent power sharing between multiple units across multiple power levels; for high-power commercial charging hubs.
• Harmony Boost BESS-integrated high-power EV charging solution combining solar power, grid input, and intelligent Battery Energy Storage System for fast charging up to 400kW per plug; for highways, fleet depots, and high-power public charging hubs.
• Exicom One Unified public charging solution designed for scalable deployment across various charging locations; for CPOs seeking standardized, flexible charging hardware.
• ChargeX Charging management software platform for public charging networks enabling network operations and management for CPOs and fleet operators.
• Harmony Connect AI-enabled remote charger management software for real-time monitoring, predictive maintenance, remote fault diagnostics, and operational control of public EV charging stations; for charge point operators.
• Rectifiers Power rectification systems for critical infrastructure providing reliable DC power conversion for telecom and industrial applications.
• Solar Chargers Solar charging solutions for telecom and industrial applications enabling renewable energy integration at off-grid and grid-unreliable sites.
• M2000 Controller Advanced controller system for managing power systems and charging operations in telecom and industrial deployments.
• Power System Integrated power systems for telecom and data center applications ensuring uninterrupted power supply for critical infrastructure.
• Telecom Battery System Battery backup solutions specifically designed for telecom infrastructure providing reliable power for base stations and equipment rooms.
• Data Center Solutions Power management and backup solutions for data center critical infrastructure ensuring continuous, reliable power for digital operations.

Quantifiable outcome

• Harmony Direct 2.0 dynamic load sharing reduces reactive losses and energy costs for charge point operators
• +3 more outcomes

Named customers6 records

Segments8 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability7 records

Feature10 records

Partnerships

Seven partnerships are on record, tiered core, flagship and minor.

• IONAGEcoreTechnology or Integration · 26 March 2025Exicom and IONAGE entered a strategic partnership to build a neutral, unified, and accessible EV charging ecosystem in India. Exicom's EV charging hardware (with 1.75 lakh installed chargers) integrates with IONAGE's robust CMS platform, enabling end EV users to charge effortlessly across networks and CPOs to manage charging networks with ease. The partnership creates an open charger discoverability and management platform.
• ChargeZonecoreStrategic or Co-development Partner · 27 January 2025Exicom partnered with ChargeZone, India's fastest growing integrated e-mobility company, to develop and deploy 500+ future-ready, high-power EV Charging Stations across India. Exicom develops and supplies ultra high-power charging solutions (including BESS-integrated Harmony Boost) to be deployed at ChargeZone's hubs and public charging locations. The partnership includes building renewable energy-supported EV charging stations.
• Mufin Green Infra LimitedcoreImplementation/ SI/ Consulting Partner · 9 January 2025Exicom signed an MoU with Mufin Green Infra Limited, a leading provider of turnkey EV charging infrastructure solutions, for end-to-end EV charging deployment. Mufin Green Infra installs Exicom's hardware, sets up charging stations and fleet hubs, and onboards new B2B customers, while Exicom provides technical support, maintenance, warranty, and digital solutions.
• TritiumcoreOEM/ Whitelabel/ Licensing Partner · 8 August 2024Exicom (through subsidiary Exicom Power Solutions B.V., Netherlands) acquired the business and assets of Tritium, a distinguished global leader in DC Fast Chargers headquartered in Australia. The acquisition adds Tritium's manufacturing facility in Tennessee (USA), engineering centre in Brisbane (Australia), and 47-country distribution network with 13,000+ DC chargers sold. Tritium's liquid-cooled DC Fast Chargers complement Exicom's existing portfolio.
• HubjectflagshipTechnology or Integration · 19 June 2024Exicom partnered with Hubject, the EV interoperability market leader, to use Hubject's intercharge platform and Plug&Charge technology to improve EV charging in India. The partnership establishes a regional Indian hub for ISO15118-based Plug&Charge standards, enabling automated EV-to-charger authentication without apps or RFID cards. This is expected to produce India's first Plug&Charge standard.
• Delhi Toofans (RuPay Prime Volleyball League)minorGTM or Marketing Partner · 19 March 2024Exicom partnered with the Delhi Toofans volleyball franchise as an Associate Sponsor for Season 3 of the RuPay Prime Volleyball League 2024. The partnership focused on brand visibility through team jersey branding, community engagement, and alignment with Exicom's values of innovation, sustainability, and resilience.
• MG Motor IndiaflagshipStrategic or Co-development Partner · 7 August 2023Exicom partnered with MG Motor India for the 'MG Charge' initiative, installing 1,000 AC fast chargers in residential areas across India within 1,000 days. Exicom provides SMART Type 2 chargers with SIM-enabled features and a charger management system, while MG Motor India coordinates with Resident Welfare Associations (RWAs) for installation. Over 450 chargers were installed in cities including Delhi, Pune, Gurgaon, Lucknow, Hyderabad, and Jaipur.

Scale indicators12 records

Recent moves10 records

Expansion highlights7 records

Market position

Strengths1 record

Weaknesses1 record

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCgZ7Z7Z7Z7Z7Z7Z7Z7Z7Z7w
• LinkedInlinkedin.com/company/exicom

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries2 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 Exicom Tele Systems Limited