SaaS startup Bidgely raises $26 Mn from Moore Strategic Ventures, Others


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California and Bengaluru-based Bidgely, which provides artificial intelligence (AI)-based software-as-a-service (SaaS) solutions to electricity distribution companies, has announced that it has closed a $26 Mn Series C venture round. The new funds will enable Bidgely to provide tailored solutions that support the country’s biggest utility needs: electricity theft prevention, grid stability and electric vehicle (EV) accommodation.