News > Electric-vehicle financing startup Vidyut raises $4 million in first round of funding
Electric-vehicle financing startup Vidyut raises $4 million in first round of funding
08/12/2022 08:18 PM | Click to read full article
Vidyut Tech (VT), an Indian startup for EV financing has raised $4 million in a mix of equity and debt in a round co-led by Force Ventures, Veda VC, and a clutch of strategic angels in the clean energy space. Founded in 2021 by IIT graduates Gaurav Srivastava and Xitij Kothi, Vidyut claims to make commercial EV ownership affordable and risk-free through its ownership plans.
