Vidyut Tech News Today

Amazon has started onboarding sellers from across the country and is asking them to list unbranded products, priced at Rs 600 or less. The platform will offer products like apparel, watches, shoes, jewellery and luggage.

Vidyut, founded in 2021, did not disclose the companys valuation at which the capital was raised or the exact mix of equity and debt in the funding. The EV financing startup mainly caters to electric three-wheeled vehicle fleet owners by providing them with financing and ownership.

Flipkart group CEO Kalyan Krishnamurthy on Tuesday informed staff about senior-level exits in the ecommerce major, confirming ETs scoop. More on this in todays ETtech Top 5.

On World EV Day, we aim to explore the existing challenges and market opportunities in the EV financing ecosystem

Despite the government’s push for electric vehicles, banks are reluctant to venture into the EV space due to issues like their resale value. But startups seem to have cracked underwriting EV loans.