VidyutTech

We are an EV tailored platform with the goal to make ownership of electric vehicle simple & stress free. Through our EV-tech led platform we offer customers end-to-end solution for purchase, financing & resale.

https://vidyuttech.com

51-200 employees

Growth Trajectory

Vidyut can grow by expanding its partnerships with OEMs and charging infrastructure providers, further developing its Vidyut recharge app, and extending its services to other EV segments beyond 3-wheelers. They are currently available in 30 cities across India and facilitate millions of green kilometers, indicating potential for further market penetration and service diversification.

Technical Challenges

Ensuring battery performance and longevity

Managing battery replacements and logistics

Integrating with OEM telematics or charging networks for usage-based billing

Ensuring data persistence and availability on servers

Tech Stack

Vidyut recharge appCookiesWeb beacons

Team Size

Key Risks

Reliance on the availability and reliability of charging infrastructure could hinder EV adoption and subscription growth.

Competition from traditional vehicle financing companies and other EV subscription services may impact market share.

Fluctuations in battery technology costs and performance could affect the profitability and attractiveness of the battery subscription model.

Regulatory changes related to EV batteries and charging infrastructure may pose compliance challenges.

Data breaches on the part of the third-party cloud service infrastructure provider

Opportunities

Expanding the battery subscription service to other EV segments like 2-wheelers and 4-wheelers can broaden the customer base.

Developing advanced battery management systems and optimizing subscription pricing can improve profitability and customer satisfaction.

Offering additional services such as insurance and roadside assistance can enhance the value proposition and customer retention.

Leveraging data analytics to optimize battery usage, predict maintenance needs, and improve the charging experience.

Further integration with OEM telematics systems can enable usage-based billing and personalized services.

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