Vidyut Secures $2.5 Million to Expand Battery-as-a-Service Model for EVs

Vidyut Battery-as-a-Service model reduces the upfront cost of EV ownership, making electric vehicles more accessible through a pay-per-km plan for clean energy adoption.

Bengaluru-based Vidyut has raised $2.5 million from global fintech investor Flourish Ventures to accelerate its Battery-as-a-Service (BaaS) model in passenger ...

India’s EV sector embraces battery swapping, Battery-to-Grid tech, and Battery as a Service with new guidelines and State Nodal Agency involvement.

New Guidelines Spark Hope for India’s EV Sector with Battery Swapping

by Min-jun

January 27, 2025

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The Ministry of Power’s updated guidelines for battery swapping and EV charging infrastructure have the potential to transform the Indian ...

BluSmart secures $50M funding to expand its electric vehicle ecosystem, sustainable urban mobility, EV charging infrastructure, and all-electric fleet.

BluSmart’s $50M Bet on Sustainable Mobility Pays Off

by Min-jun

January 9, 2025

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BluSmart, a leader in the electric vehicle ecosystem and EV charging superhub infrastructure operator transforming sustainable urban mobility, is raising ...

Ola Electric IPO: Revolutionizing the electric vehicle market with cutting-edge battery packs, an extensive distribution network, and a leading market share.

Ola Electric IPO to Transform the EV Market

by Do-hyun

July 29, 2024

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The Ola Electric IPO is set to revolutionize the electric vehicle market with its innovative battery packs, strong distribution network, ...

Electric bike startup Matter has raised $10 million in a private placement offer from Capital 2B, Japan Airlines, and TransLink Innovation Fund.

Matter Secures $ 10 M Investment from Capital 2B, Japan Airlines, and TransLink Fund

by Do-hyun

June 29, 2024

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Electric bike manufacturing startup Matter has successfully raised around $10 million in a private placement offer, drawing investments from Capital ...

Ola Electric IPO approval by SEBI, Bhavish Aggarwal stake, DRHP filing, financial activities, and market trends.

Ola Electric Receives SEBI Approval for IPO

by Do-hyun

June 21, 2024

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Ola Electric has secured approval from the Securities Exchange Board of India (SEBI) for its initial public offering (IPO). The ...

Euler Motors raises Rs 200 crore in Series C funding to expand its electric vehicle and commercial EV presence, with support from British International Investment.

Euler Motors Raises Additional $24 M to Complete Series C Funding Round

by Kyung-soo

May 30, 2024

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Euler Motors, an electric vehicle manufacturer, has raised an additional $24 million in Series C funding, further establishing its commercial ...

Turno secures $5.5M funding for commercial EV market expansion, driving significant investment to strengthen its competitive position.

Turno Raises $5.5 Million to Expand Commercial EV Marketplace

by Min-jun

May 29, 2024

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Turno, a Bengaluru-based commercial electric vehicle (EV) marketplace, has secured $5.5 million in fresh funding from British International Investment and ...