Fyn Mobility, an electric vehicle (EV) startup based in Bengaluru, has secured $2.5 million (approximately INR 21 crore) in an unannounced funding round. The investment was spearheaded by several prominent investors, including Vijay Kedia, founder of Kedia Capital; Lloyd Balajadia, promoter of the pharmaceutical company Lloyd Laboratories; and Rahul Bothra from Swiggy. The EV startup intends to utilize the newly acquired capital to expedite the expansion of its vehicle fleet, further develop its technology infrastructure, and broaden its operational reach.
Download the medial app to read full posts, comements and news.