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EV financing startup Vidyut bags $2.5M from Flourish Ventures

YourStory LogoYourStory15h ago

EV financing startup Vidyut bags $2.5M from Flourish Ventures - YourStory

Quick Summary:

The funding will be used to spearhead the firm’s growth in the passenger vehicle segment and scaling up commercial EV segment.

BaaS model allows users to lease battery usage instead of buying the battery upfront.

In September last year, the company partnered with JSW MG Motor to launch the BaaS model.

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EV financing startup Vidyut bags $2.5M from Flourish Ventures - YourStory (Picture 1)EV financing startup Vidyut bags $2.5M from Flourish Ventures - YourStory (Picture 2)

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Article Details

Author / Journalist: Sai Keerthi

Category: StartupsEconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-26 @ 05:30:00 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 489 words

Reading Time: 3 minutes read

Sentences: 29 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 26451847

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About YourStory

YourStory Logo

Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 27 posts per day

Year Established: 2008

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #44

Publisher Details

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The story "EV financing startup Vidyut bags $2.5M from Flourish Ventures" has 489 words across 29 sentences, which will take approximately 3 - 5 minutes for the average person to read.

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The story "EV financing startup Vidyut bags $2.5M from Flourish Ventures" was covered 15 hours ago by YourStory, a news publisher based in India.

How trustworthy is 'YourStory' news outlet?

YourStory is a fully independent (privately-owned) news outlet established in 2008 that covers mostly startups, economy, and business news.

The outlet is headquartered in India and publishes an average of 27 news stories per day.

It's most recent story was published 8 hours ago.

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  • URL: https://beamstart.com/news/ev-financing-startup-vidyut-bags-17405479795039

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