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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, 202510 months ago

Amount Raised

$2.5 Million

Round Type

seed

BengaluruFleet ManagementAutomotive

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.

Company Information

Company

VidyutTech

Location

Bengaluru, Karnataka, India

About

VidyutTech is an EV tailored platform with the goal to make ownership of electric vehicle simple & stress free. Through our EV-tech led platform we offer customers end-to-end solution for purchase, financing & resale.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers