Battery Smart raises Rs.75-Cr from Stride Ventures
Gurugram-based Battery Smart has raised INR 75 crore from venture debt fund Stride Ventures. Battery Smart provides swapping networks for electric two and three-wheelers. It will use the funds to add more batteries to its network and expand to new cities. The startup had raised USD 25 million in a Series A funding from Tiger Global earlier this year. In November, Battery Smart raised another USD 7 million from Blume Ventures and Orios Ventures.
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