Vidyut raised $2.5 million in a funding round led by Flourish Ventures to expand its Battery-as-a-Service offerings across passenger and commercial EV segments.
Feb 26, 2025•10 months ago
Amount Raised
$2.5 Million
Round Type
seed
Investors
Flourish Ventures
Description
Electric vehicle financing startup Vidyut has secured $2.5 million in funding from Flourish Ventures. The capital will be utilized to enhance its Battery-as-a-Service (BaaS) offerings and make EV ownership more affordable.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers