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Stride Ventures leads $9 Mn+ debt funding in EV startup Battery Smart

Shortpedia

Content Team
Image Credit: Inc42

EV startup Battery Smart has raised more than $9 Mn (INR 75 Cr) in a debt funding round from Stride Ventures. The EV startup plans to use the fresh funding to add more batteries in its network and expand business across India. Including the current investment, Battery Smart has bagged $41 Mn funding to date. The development comes a few days after Battery Smart secured funding from venture debt company BlackSoil.