EV financing startup Vidyut bags $4 Mn funding from Force Ventures, Veda VC, others
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Commercial electric vehicle (EV) financing and vehicle lifecycle management platform Vidyut (VT) has raised $4 Mn in a mix of equity and debt in its seed funding round. It was co-led by Force Ventures and Veda VC, and also saw participation from many strategic angel investors in the clean energy space. Udaan cofounder Sujeet Kumar, Delhivery cofounder and CEO Sahil Barua, CRED’s Kunal Shah were a few major participants in the round