Startup Funding Tracker

Vidyut Tech funding, investors and company details

Vidyut Tech is an emerging Automobile - EV startup from Bengaluru, working in the space of EV-focused platform that simplifies electric vehicle ownership in India by combining financing, lifecycle management, and assured resale into a single integrated solution.. Founded by Gaurav Srivastava, Xitij Kothi.

  • Company: Vidyuttech Services Private Limited
  • Sector: Automobile - EV
  • Location: Bengaluru
  • Founders: Gaurav Srivastava, Xitij Kothi
  • Total funding raised: ₹137.86 Cr

Company overview

Vidyut Tech is an EV-focused platform that simplifies electric vehicle ownership in India by combining financing, lifecycle management, and assured resale into a single integrated solution. The company supports the full EV ownership journey—from vehicle purchase and financing to after-sales support and eventual resale. Its platform offers flexible financing structures, including low down payments and subscription-based usage models, making EV adoption more accessible. Customers pay based on the distance they travel, while Vidyut retains ownership of the battery, significantly lowering upfront costs and mitigating battery-related risks. In addition to financing, Vidyut Tech has built a structured secondary market for EVs. It manages the entire resale process, including vehicle inspection, valuation, sale execution, and RTO documentation, providing customers with assured resale value—one of the key pain points in EV ownership. Vidyut Tech collaborates closely with OEMs, NBFCs, and other ecosystem partners to strengthen distribution, financing, and after-sales infrastructure. This partnership-led approach enables deep integration across the EV value chain and supports scalable adoption of electric mobility in India.

Funding rounds

  • Latest round: $ 2.50 Mn (₹21.87 Cr.), 2025-02-26. Investors: Flourish Ventures
  • Past round (Series A): $ 10.00 Mn (₹82.90 Cr.), 2024-02-20. Investors: Zephyr Peacock, Saison Capital, Force Ventures, Alteria Capital, Sujeet Kumar (udaan)
  • Past round: $ 4.00 Mn (₹33.09 Cr.), 2022-12-09. Investors: Force Ventures, Veda VC, Sujeet Kumar (udaan), Sahil Barua (Delhivery), Kunal Shah (CRED), Sriharsha Majety (Swiggy), Rajat Verma (Lohum)