The City Charges company, which is developing a power bank rental service together with MTS Urent, has attracted 500 million rubles of investment from a group of entrepreneurs. By the end of 2024, the service is preparing to attract up to 300 million more rubles, RBC writes.
MTS Yurent’s partner for the rental service of power banks raised 500 million rubles
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The money will be used to expand the number of charging stations. By the end of this year, the company intends to increase their number from the current 5,000 to 20,000 in 120 cities of Russia, and by the middle of next year it will overtake the market leader Take Charge, which currently has about 30 thousand stations.
To reach this level, Urban Tariffs needs to attract another billion rubles. The company is already negotiating to raise funds with several funds, as well as with MTS. At the moment, the operator is not located in the capital of the service. The latter is being developed on the basis of GetEnergy and has been a partner of MTS Urent since spring of this year.