Vidyut Overview
- Year Founded
-
2021
- Status
-
Private
- Employees
-
173
- Latest Deal Type
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Debt
- Latest Deal Amount
-
$581K
- Investors
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26
Vidyut General Information
Description
Provider of loan financing services for electric vehicles intended to make owning an electric vehicle simple and stress-free. The company offers custom financing options and a secondary market for electric vehicles, helping buyers with their entire ownership journey from distribution, financing, and after-sales to resale by partnering with other key stakeholders in the ecosystem.
Contact Information
Website
www.vidyuttech.inCorporate Office
- 2nd Floor, 2nd Building, Hustlehub Techpark
- 27th Main Road End, HSR Layout Sector 1
- Bangalore, Karnataka 560102
- India
Corporate Office
- 2nd Floor, 2nd Building, Hustlehub Techpark
- 27th Main Road End, HSR Layout Sector 1
- Bangalore, Karnataka 560102
- India
Vidyut Timeline
Vidyut Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Debt - General | 30-Jul-2025 | $581K | Completed | Generating Revenue | ||
| 5. Debt - General | 27-Jun-2025 | Completed | Generating Revenue | |||
| 4. Early Stage VC | 26-Feb-2025 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series A) | 08-Feb-2024 | Completed | Generating Revenue | |||
| 2. Seed Round | 25-Apr-2023 | $1.58M | $2.64M | Completed | Generating Revenue | |
| 1. Seed Round | 29-Apr-2022 | $1.05M | $1.05M | Completed | Generating Revenue |
Vidyut Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Pre Series B CCPS | ||||||||
| A1 CCPS | ||||||||
| A3 CCPS | ||||||||
| Ordinary | ||||||||
| A2 CCPS | ||||||||
| Series A CCPS | ||||||||
| Ordinary | ||||||||
| Seed 2 CCPS | ||||||||
| Seed 1 CCPS | 1,995 | $0.115032 | $604.05 | $604.05 | 1x | $604.05 | 8.22% | |
| Preference | 2,186 | $0.115032 | $421.36 | $421.36 | 1x | $421.36 | 9% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Vidyut Comparisons
Industry
Financing
Details
Vidyut Competitors (3)
One of Vidyut’s 3 competitors is Hero FinCorp, a Private Equity-Backed company based in Gurugram, India.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Hero FinCorp | Private Equity-Backed | Gurugram, India | ||||
| Cholamandalam Investment and Finance Company | Corporation | Chennai, India | ||||
| Mahindra & Mahindra Financial Services | Corporation | Mumbai, India |
Vidyut Signals
Vidyut Investors (26)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Flourish Ventures | Venture Capital | Minority | ||
| Trifecta Capital | Venture Capital | Minority | ||
| 3one4 Capital | Venture Capital | Minority | ||
| Alteria Capital | Venture Capital | Minority | ||
| Lighthouse Canton | Asset Manager | Minority |
Vidyut FAQs
-
When was Vidyut founded?
Vidyut was founded in 2021.
-
Where is Vidyut headquartered?
Vidyut is headquartered in Bangalore, India.
-
What is the size of Vidyut?
Vidyut has 173 total employees.
-
What industry is Vidyut in?
Vidyut’s primary industry is Consumer Finance.
-
Is Vidyut a private or public company?
Vidyut is a Private company.
-
What is Vidyut’s current revenue?
The current revenue for Vidyut is .
-
How much funding has Vidyut raised over time?
Vidyut has raised $11.2M.
-
Who are Vidyut’s investors?
Flourish Ventures, Trifecta Capital, 3one4 Capital, Alteria Capital, and Lighthouse Canton are 5 of 26 investors who have invested in Vidyut.
-
Who are Vidyut’s competitors?
Hero FinCorp, Cholamandalam Investment and Finance Company, and Mahindra & Mahindra Financial Services are competitors of Vidyut.
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