VidyutTech

Good news for #India's EV sector! ⚡🚗 ConstructionWorld . in: VidyutTech Secures $2.5 Million Funding from Flourish Ventures: https://bit.ly/3QIsrCv #EV #EMobility #ThreeWheelers #ElectricVehicles #transportation #PayGo #batteries #EmergingMarket #VentureCapital #innovation

NovoJuris Legal acted as the Counsels to VidyutTech in securing its investment of USD 2.5 Million from Flourish Ventures in its Pre-Series B round. The deal team consisted of Sharda Balaji, Ashwin Bhat, Richa Agrawal, Namrata Dubey & Gopi Krishna. More at : https://lnkd.in/d3E24ycZ #TheDealMatter #VentureCapital #Automotive #DealUpdate #LawFirmsAsia #LawyersofLinkedin #TheGreyMatter

Will the Slowdown in Two-Wheeler Financing Impact Electric Two-Wheelers, or Will It Drive Innovation in Ownership Models Like Leasing, Subscription, Battery Swapping, and Battery Leasing? The recent tightening of loan conditions by two-wheeler financiers—especially NBFCs and captive financing arms—raises critical questions for the electric two-wheeler (E2W) market. Financing is Crucial for EV Adoption Nearly 75% of two-wheeler purchases in India are credit-based. For electric two-wheelers, financing plays an even bigger role, given their higher upfront cost compared to petrol counterparts. Any tightening in credit availability could slow adoption rates, especially in price-sensitive segments. EVs May Face Additional Hurdles Unlike established ICE two-wheeler brands, many EV startups rely on NBFCs like VidyutTech or fintech lenders rather than traditional banks. With increasing delinquency rates pushing financiers to be more selective, new-age EV brands without a strong financial track record may struggle to offer attractive financing options to customers. Urban vs. Rural Divide The article highlights that urban-focused companies like Honda have been less impacted by financing slowdowns, while rural-heavy markets are seeing higher risk perception. Since many E2W brands target urban and peri-urban customers, they may initially be less affected. However, as the industry expands into Tier-2 and Tier-3 cities, limited financing availability could hamper growth. An Opportunity for OEM-Led Financing? With traditional lenders pulling back, this could be the right time for electric two-wheeler manufacturers to step up with in-house financing options or strategic tie-ups with fintech companies offering innovative credit solutions. Startup OEMs like Ola Electric, Ather Energy and Legacy OEMs Hero MotoCorp and TVS Motor Company offering their own finance schemes. While the financing crunch is a challenge, it also presents an opportunity for the EV industry to innovate on financing models—whether through leasing, battery subscriptions (EV Urjaa), or partnerships with digital lenders. EV manufacturers and ecosystem players must proactively address these constraints to keep the momentum going. #EV #ElectricVehicles #TwoWheelers #AutoFinance #E2W #Mobility #Fintech #EVMarket #SustainableMobility #BatteryLeasing #EVLeasing #SubscriptionModel #BatterySwapping

Weekly roundup of funding and M&A deals in the #renewableenergy sector https://lnkd.in/dkvHmq2S SmartSolar Picus Capital 2degrees Iterative Octopus Renewables Infrastructure Trust (ORIT) Santander NAB AIB VidyutTech Flourish Ventures

Weekly roundup of funding and M&A deals in the #renewableenergy sector https://lnkd.in/dMpuTrhu SmartSolar Picus Capital 2degrees Iterative Octopus Renewables Infrastructure Trust (ORIT) Santander NAB AIB VidyutTech Flourish Ventures

Here’s a quick roundup of this week’s major funding announcements across India! 🚀 •  Quick Clean secures $6M to transform linen management with cutting-edge solutions. •  Vidyut raises $2.5M to scale its battery-as-a-service financing model. •  HiWiPay bags $2M in Seed funding from Unicorn India Ventures to drive fintech growth. •  Astrogate Labs raises $1.3M in a pre-Series round led by Piper Serica to advance space-tech innovations. Stay tuned for more updates on the Indian startup ecosystem! Quick Clean Laundry Solutions | VidyutTech | HiWiPay | Astrogate Labs

VidyutTech, an #electricvehicle ecosystem platform, has raised $2.5 million in funding from global investor Flourish Ventures. https://lnkd.in/gzT2Ws_7

From the first time I met Gaurav Srivastava and Xitij Kothi ⚡️more than 6 years ago, I have always been impressed by their clarity of thought and their mission driven orientation. India is the world's 3rd largest automobile market and with the rapid adoption of EV vehicles, its critical to make financing easy and accessible. There is a very large market opportunity and there exists is a dire need for innovative financial products to accelerate the adoption of EV's. VidyutTech's breakthrough Battery as a Service model truly revolutionizes and democratizes access and creates a new paradigm in commercial and passenger electric vehicle financing. We are honored to be a part of the journey along with 3one4 Capital, Zephyr Peacock India, Force Ventures LLP and looking forward to working with you. Flourish Ventures Harsh Gupta Shivam Satija #ev #climate #fintech

VidyutTech, an electric vehicle (EV) ecosystem platform, has raised $2.5 million in funding from global investor Flourish Ventures. The company will utilize the acquired funds to expand its Battery-as-a-Service offering in passenger and commercial EV segments.  https://lnkd.in/gPaS3Kuv

VidyutTech is one of the first companies in India to leverage data analytics for electric vehicle financing and life cycle management. The company has recently raised US$ 2.5 million from Flourish Ventures. The funds will be used to grow the company’s Battery-as-a-Service (BaaS) offerings in both passenger and commercial electric vehicle segments. Through the Vidyut's BaaS model, the upfront acquisition cost of EVs has gone down by almost 35% to 40%. This model also addresses concerns including unknown recurring capital expenditure, uncertainty around battery life and battery replacement costs. The BaaS model is expected to boost Vidyut's market presence and growth in the passenger vehicle segment. Read more at: https://lnkd.in/dsWuMmnE To know more about the company, visit: www.vidyuttech.in Learn more about Zephyr Peacock at www.zephyrpeacock.com #EVFinancing #EVAdoption #EVInnovation #BatteryAsAService Disclaimer: This content is intended for informational purposes only and does not constitute an offer to sell or invitation to purchase any securities or interests in any investment funds managed by Zephyr. The information provided herein is shared with the understanding that it is not meant to serve as a public invitation or endorsement to engage in any specific investment activity.