Vidyut (Series A)
Funding Details
Awarder
Inbox
Date Award
February 26, 2025
Vertical
Electric Vehicles
Funding URL
View Funding Page
Funding Amount
$2,500,000
Company Info
Founding Year
2021
Traction
Vidyut has achieved strong 15% month-on-month growth and has established long-term partnerships with major OEMs like TATA Motors and Mahindra Last Mile Mobility.
Organizations Involved
TATA Motors, Mahindra Last Mile Mobility, Piaggio, Euler Motors
Founders
Xitij Kothi, Gaurav Srivastava
Market
Battery-as-a-Service for EVs
Location
India
Coinvestors
3one4 Capital, Saison Capital, Zephyr Peacock, Flourish Ventures
Company Description

Vidyut is a full-stack electric vehicle (EV) ecosystem platform that offers a Battery-as-a-Service (BaaS) model, making EV ownership more accessible and cost-effective for small and medium businesses (SMBs). The company separates the battery from the vehicle and offers it on a pay-per-kilometer subscription model, significantly reducing the upfront cost of EVs.

Links
Website
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