Decharge

DeCharge is a decentralized electric vehicle (EV) charging infrastructure network built on the Solana blockchain. Founded in 2024 by Mohan Kuldeep Ponnada, Prakash Kamaraj, and Rama Krishna Kattekola, the Hyderabad-based company aims to address the global shortage of public charging infrastructure by creating a community-powered, open network. Ponnada, the CEO, is a serial entrepreneur with over 15 years in technology, having previously scaled a mobility platform to over one million rides.

The company's business model empowers anyone, from small business owners to commercial fleet operators, to become a host by installing a DeCharge charger and earning revenue. DeCharge operates on a revenue-sharing model where the host receives 70% of the income from charging sessions, and the company retains 30%. This host-powered approach requires zero capital expenditure from the host and offers transparent pricing and real-time payments. The platform targets commercial fleets and last-mile delivery operators as key clients.

DeCharge recently announced its official launch in the U.S. following a $2.5 million seed funding round led by Lemniscap. The company is deploying its flagship 7.4 kW Level 2 chargers, known as the "Beast," with initial pilot programs in the Washington D.C. metropolitan area, New York, and California. The system uses smart hardware, AI-powered dynamic pricing to optimize grid loads, and IoT-based payments. EV drivers can locate and use chargers through a forthcoming mobile app and web portal.

Keywords: EV charging network, decentralized infrastructure, community-owned chargers, blockchain technology, Solana, IoT-based payments, smart hardware, AI-powered energy, last-mile delivery, fleet charging solutions, zero-capex, revenue sharing, Level 2 chargers, sustainable mobility, energy infrastructure, electric vehicle infrastructure, smart routing, dynamic pricing, distributed energy, mobility infrastructure