๐๐จExciting developments are unfolding in the electric vehicle (EV) financing landscape!
Vidyut, previously known as Vidyut Tech, has just announced a significant milestone, securing $10 million in a mix of equity and debt. This funding round, spearheaded by the visionary venture capital firm 3one4 Capital, marks a new chapter in Vidyut's journey towards revolutionizing the EV financing domain.Joining the ride are new investors Saison Capital, Zephyr Peacock, and Alteria Capital, alongside steadfast support from existing backers like Force Ventures and Udaan co-founder Sujeet Kumar. This collective endorsement underlines the confidence in Vidyut's potential to make a lasting impact on the EV ecosystem.This achievement is more than just a financial boost; it's a testament to the innovation and drive at the heart of Vidyut. As we charge ahead into a future powered by cleaner, more sustainable transportation options, Vidyut's progress is a beacon of progress and possibility.On behalf of HCX, we would like to congratulate the Vidyut team on this fantastic achievement! Their journey is a vivid reminder that when vision meets opportunity, the road to success is electric. ๐๐
Homegrown social media platform for travelers, Explurger, has successfully raised $4.5 million in a Series A funding round, led by the visionary Affle (India) Limited, rocketing to a pre-money valuation of about $40 million! This remarkable achievement not only highlights the growing confidence in Explurger's innovative approach to connecting travelers worldwide but also solidifies Affle's significant involvement, with their stake now standing proud at 9.03%.A hearty congratulations to the entire Explurger team on this monumental milestone! Your journey is a testament to the power of vision, innovation, and the relentless pursuit of connecting the globe, one traveler at a time. Here's to many more miles, stories, and successes on your journey ahead. ๐๐
For more such news, do visit our funding section.