- Business
- Exicom Tele-Systems Limited, founded in 1994 and headquartered in Gurugram, Haryana, India, designs, manufactures and deploys electric vehicle charging systems, energy storage solutions and critical power systems for telecommunications and enterprise applications; its core offerings include smart AC and DC EV chargers for residential, fleet and public use, battery energy storage systems for grid, commercial and renewable applications, lithium-ion batteries, switched mode rectifiers, DC power conversion systems, hybrid power solutions, charging management software via Exicom ChargeOS, power conversion and energy management technologies, as well as turnkey project implementation, installation and maintenance services. The company operates primarily in the critical power and EV charging segments, serving telecom operators, OEMs, charge point operators, enterprises and public infrastructure in India, Southeast Asia, Africa and other export markets, with over 175,000 EV chargers and 500,000 Li-ion batteries deployed. Recent developments include its public listing on the National Stock Exchange in March 2024, a definitive agreement in August 2024 by subsidiary Exicom Power Solutions B.V., Netherlands, to acquire the business and assets of global DC fast charger leader Tritium including its Tennessee manufacturing facility and Brisbane engineering center to expand international footprint, multiple tranches of investment into the Netherlands subsidiary totaling over EUR 15 million through November 2025 for EV operations, approval in June 2025 of a Rs 260 crore rights issue and conversion of Rs 283 crore unsecured loan into equity in the Dutch entity to strengthen balance sheet and liquidity, alongside partnerships with Tata Motors, MG Motor India, Jio-bp Pulse, ChargeZone, Delhi Metro and Indian Railways for charging infrastructure and energy projects.