EVaaS startup Fyn Mobility raises $2.5 million, eyes global markets

, By The Economic Times
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Chennai-based Fyn Mobility has raised $2.5 million in a fresh funding round led by investor Vijay Kedia, Philippines-based Lloyd Laboratories promoter Lloyd Balajadia, and Swiggy chief financial officer Rahul Bothra.

The EV-as-a-service (EVaaS) startup plans to use the capital to expand its electric vehicle fleet, strengthen its tech stack, and foray into international markets, with a focus on Southeast Asia, the company said.

Fyn is already in talks with growth investors to raise a $10-million round for its international expansion and tech scaleup….



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EVaaS startup Fyn Mobility raises $2.5 million, eyes global markets

, Published By The Economic Times
Funding


Chennai-based Fyn Mobility has raised $2.5 million in a fresh funding round led by investor Vijay Kedia, Philippines-based Lloyd Laboratories promoter Lloyd Balajadia, and Swiggy chief financial officer Rahul Bothra.

The EV-as-a-service (EVaaS) startup plans to use the capital to expand its electric vehicle fleet, strengthen its tech stack, and foray into international markets, with a focus on Southeast Asia, the company said.

Fyn is already in talks with growth investors to raise a $10-million round for its international expansion and tech scaleup….



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News
EVaaS startup Fyn Mobility raises $2.5 million, eyes global markets
Next News
Investment firm Groww to buy wealthtech startup in $140m deal
The Economic Times

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