Jindal Power has emerged as the winning bidder for Gujarat-based Bhadreshwar Vidyut, which is currently going through insolvency proceedings, as per the company’s bankruptcy administrator.

Vidyut, a full-stack electric vehicle ecosystem platform based out of Bengaluru, has raised $2.5 million (₹21 crore approximately) in funding from global fintech investor Flourish Ventures.

Vidyut has raised $2.5 million from Flourish Ventures to expand its Battery-as-a-Service (BaaS) model in the EV sector. The funding will help reduce upfront EV costs and address battery life ...

The funding will fuel expansion of the company's battery-as-a-service offerings in both passenger and commercial EV segments, it said. Flourish Ventures Principal Harsh Gupta said, "With its unique ...

To date, Vidyut has raised a total of USD 16.5 million in funding. The investment follows Vidyut's successful entry into the passenger EV market in September 2024 through a partnership with JSW MG ...

Founded in 2021 by ex-Swiggy and Bounce executives Xitij Kothi and Gaurav Srivastava, Vidyut offers a full-stack ecosystem for commercial and passenger EV ownership. The company said its ...

Full-stack electric vehicle ecosystem platform Vidyut has raised $2.5 million in funding from global fintech investor Flourish Ventures. To date, Vidyut has raised over $16.5 million from 3one4 ...

Vidyut, an electric mobility company, secures USD 2.5 million from Flourish Ventures to expand its battery-as-a-service (BaaS) offerings for both passenger and commercial EVs. New Delhi, Feb 26 (PTI) ...

Electric vehicle financing startup Vidyut on Wednesday announced that it has raised $2.5 million from US-based fintech investor Flourish Ventures. The funding will be used to expand its ...

Founded in 2021 by (left) Kothi and Gaurav Srivastava, Vidyut aims to make commercial EV ownership affordable, and a risk-free proposition for customers through its ownership plans Full-stack ...

Full stack EV ecosystem startup Vidyut has raised $2.5 million in a new funding round from Flourish Ventures, a global VC firm. The newly-raised funds will be used to expand the company’s ...

Electric vehicle ecosystem platform Vidyut has secured $2.5 million in funding from global fintech investor Flourish Ventures, the company announced Wednesday. The investment will support Vidyut's ...