Amount Raised
$10 Million
Round Type
Funding Round
BengaluruFinancial ServicesAutomotiveFleet ManagementInvestors
Description
Vidyut, previously known as Vidyut Tech, has raised $10 million in a funding round led by new investor, venture capital firm 3one4 Capital. Saison Capital, Zephyr Peacock, and Alteria Capital also invested in the firm for the first time. Existing investors like Force Ventures and Udaan’s chief executive Sujeet Kumar also participated in the round. Vidyut plans to use the fresh capital to expand operations to 40 cities and add talent.
Quick answer
VidyutTech raised $10 Million in a Funding Round round, dated February 20, 2024. Investors: Udaan, Force Ventures, Alteria Capital, Zephyr Peacock, Saison Capital and 3one4 Capital. VidyutTech is based in Bengaluru, Karnataka, India.
- How much did VidyutTech raise?
- VidyutTech raised $10 Million in a Funding Round round on February 20, 2024.
- Who invested in VidyutTech?
- Udaan, Force Ventures, Alteria Capital, Zephyr Peacock, Saison Capital and 3one4 Capital are named as investors in this round.
- What does VidyutTech do?
- VidyutTech is an EV tailored platform with the goal to make ownership of electric vehicle simple & stress free.
- Where is VidyutTech based and how big is it?
- VidyutTech is based in Bengaluru, Karnataka, India. Fundz records about 137 employees.
- Who are the decision-makers at VidyutTech?
- Fundz holds 1 contact at VidyutTech, including the CTO. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Automotive around the same time
Companies in the same sectors as VidyutTech that raised within 45 days of this round, from Fundz verified event records.
- Lucid Group raised $1B (Funding Round) on March 25, 2024.
- CrashBay raised $1.3M (Seed) on April 3, 2024.
- Motorist raised $60M (Series A) on March 17, 2024.
- Mober raised $2M (Seed) on February 14, 2024.
- Motorist raised an undisclosed amount (Series A) on January 22, 2024.
- Ummeed Housing Finance Pvt. Ltd raised $70M (Funding Round) on April 5, 2024.
Who to call at VidyutTech, and when
A new round usually means VidyutTech is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day VidyutTech raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at VidyutTech, from your own LinkedIn network
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Related People
VidyutTech raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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