Vidyut An EV Financing Startup, Raises $4 Million In Seed Funding

Posted by Team Xvell 8 January, 2022 Posted by Team Xvell 8 January, 2022

[{"selector":"#anim-6da0905f-3a98-4e02-a93b-cd57041b95d3","keyframes":{"transform":["translate3d(-829.54555%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":400,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c13ec225-aa83-48bf-98ff-a3b415c7da5f","keyframes":{"opacity":[0,1]},"delay":400,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5fa903d6-f8b8-43ab-9037-4cb6c9622483","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":400,"duration":1000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] In a round headed by Force Ventures, Veda VC, and a number of strategic angel investors in the clean-energy sector, Vidyut An EV Financing Startup has secured $4 million in a mix of equity and debt, the firm announced on December 8.

As part of the seed round, Rajat Verma from Lohum and cofounders Sujeet Kumar of Udaan, Sahil Barua of Delhivery, Kunal Shah of CRED, Sriharsha Majety of Swiggy, and Sujeet Kumar of Udaan also took part.

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