Last updated: Feb 27, 2024
- Brand NameVidyut
- HeadquarterBengaluru
- No. of Employees27
- Industry
Automotive Tech
- Founded Year 2021
- Company StatusActive
- Highlights
- Total Funding₹124.06 Cr
- Funding Rounds3
- FY 2022-23 Revenue₹88.11 Lacs
- FY 2022-23 Loss-₹3.04 Cr
About Vidyut
Vidyut is an EV tailored platform with the goal to make ownership of electric vehicle simple & stress free. Through their EV-tech led platform we offer customers end-to-end solution for purchase, financing & resale.
Business Model of Vidyut
Vidyut is an EV tailored platform that allows customers to buy an electric vehicle on loan and its battery on rent. The customer then pays the rent of the battery only when driving the vehicle with a replacement option in 3 to 5 years. The company makes money via providing loans for vehicles and rent received on batteries.
Key People/Management
Show allGS
Gaurav SrivastavaCo-Founder
XK
Xitij KothiCo-Founder
XK
Xitij KothiDirector
GS
Gaurav SrivastavaDirector
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Latest News
- Vidyut raises $10 Mn in Series A led by 3one4 CapitalFeb 20, 2024
- Vidyut, AutoVRse raise early-stage fundingFeb 20, 2024
- Exclusive: EV financing startup Vidyut set to raise Series AFeb 8, 2024
- Exclusive: EV financing startup Vidyut set to raise Series AFeb 8, 2024
- EV financing startup Vidyut Tech raises $4 million in equity and debt fundingDec 8, 2022