Subscription-based EV startup Swytchd raises $553-K from Keiretsu Forum, others

Bengaluru-based electric vehicles startup Swytchd has raised USD 553,000 led by Keiretsu Forum, a network of angel investors. Let's Venture, Venture Catalyst, and Beej Network also participated in the round. The firm will use the funds to expand operations, fleet size and marketing and to hire talent. Started in 2021 by Sameer Arif, Swytchd offers electric vehicle services on a subscription platform.