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Indian EV financing platform Vidyut strikes $10m Series A funding led by 3one4 Capital

EV financing and vehicle lifecycle management platform Vidyut on Tuesday said it has raised $10 million in a Series A round led by 3one4 Capital.

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vidyut funding: EV financing startup Vidyut raises $10 million in funding led by 3one4 Capital

Vidyut, founded in 2021, did not disclose the company s 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.

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EV financing startup Vidyut raises $10 million in Series A funding from 3one4 Capital, Zephyr Peacock, others

EV financing startup Vidyut raises $10 million in Series A funding from 3one4 Capital, Zephyr Peacock, others
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EV financing startup Vidyut raises $10M in equity and debt

EV financing startup Vidyut raises $10M in equity and debt
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MLR Auto Ltd partners with Vidyuttech to provide flexible financing options for the electric three-wheeler portfolio

MLR Auto Ltd partners with Vidyuttech to provide flexible financing options for the electric three-wheeler portfolio
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MLR Auto partners with Vidyuttech for E3W financing options, Auto News, ET Auto

Vidyuttech s unique pay-per-km battery lease and attractive interest rate of approximately 10% is designed to facilitate the adoption of Electric 3-wheelers, making them an affordable and sustainable choice for customers.

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EV Financing Startup Vidyut Bags $4 Mn Funding From Force Ventures, Veda VC, Others

Udaan cofounder Sujeet Kumar, Delhivery cofounder and CEO Sahil Barua, CRED’s Kunal Shah were a few major participants in Vidyut's seed round

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