-34%

est. 2Y upside i

India's Largest EV charging network

Rank

#4003

Sector

Electric Vehicle Charging

Est. Liquidity

~5Y

Data Quality

Data: Low

Statiq is a high-risk equity position for a job candidate entering today.

Last updated: May 14, 2026

Bull (10%)+200%

Statiq capitalizes on the BMW India 4,000 km charging corridor and HPCL 5,100-charger partnership to dominate India's public EV network, with revenue recovering to ~$35M by 2028 on a 40%+ CAGR. A strategic acquisition by an energy major (Shell is already an investor) or a Series C at ~$280M clears the $45.5M preference stack and delivers roughly +200% to common shareholders.

Base (38%)-25%

Statiq stabilizes at $15–18M in revenue through hardware sales and B2B network contracts, but losses persist and an exit or flat/down-round acquisition occurs at ~$90–110M. After satisfying $45.5M in liquidation preferences, the common layer receives modest residual proceeds — approximately a -25% return on current fair market value.

Bear (52%)-85%

The FY24 revenue decline of 40% YoY and FY25 loss expansion of 3.1x continue, forcing a distressed raise or wind-down that nearly wipes out common equity. With $45.5M in preferences against an estimated ~$80M current valuation, the preference stack absorbs nearly the entire enterprise value, yielding approximately -85% for common stockholders.

Est. time to liquidity~5.0 years

Preference Stack Risk

severe

Funding Intensity

57%

$45.5M in total funding sits against an estimated ~$80M current valuation, meaning liquidation preferences consume approximately 57% of enterprise value before common stockholders receive a dollar.

Dilution Risk

high

High capital intensity, persistent and growing losses, and a mixed equity/debt latest round all but guarantee additional dilutive financing within the next 12–24 months as the company scales its charging network.

Secondary Liquidity

none

Statiq is a private Indian EV startup with no reported secondary market activity; an employee cannot realistically exit common equity prior to a formal liquidity event.

Questions to Ask at the Interview

Strategic questions based on Statiq.'s data — designed to show you've done your homework.

  • 1

    “The BMW India 4,000 km corridor and HPCL 5,100-charger deal are significant milestones — what specifically caused the 40% FY24 revenue decline, and how do these new partnerships structurally fix the underlying demand problem?”

  • 2

    “The latest $18M round was structured as an 'Equity & Debt Round' — what is the debt-to-equity split and the repayment terms, and how does debt service affect current runway and the timeline to operating break-even?”

  • 3

    “Has a 409A valuation been completed in the past 12 months, and at what revenue scale and margin profile does the board model the next financing round or a liquidity event for employees?”

Community

Valuation Sentiment

Our model estimates -34% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.