EVaaS startup Fyn Mobility raises $2.5 million, eyes global markets
Fyn Mobility
has raised $2.5 million in a fresh funding round led by investor
Vijay Kedia
, Philippines-based Lloyd Laboratories promoter Lloyd Balajadia, and
Swiggy
chief financial officer
Rahul Bothra
.
The EV-as-a-service (
EVaaS
) startup plans to use the capital to expand its
electric vehicle fleet
, strengthen its tech stack, and foray into international markets, with a focus on Southeast Asia, the company said.
Fyn is already in talks with growth investors to raise a $10-million round for its international expansion and tech scaleup.
The startup said it works with blue-chip customers including
Amazon
, Flipkart,
Blue Dart
, and Porter, offering up to 20%
logistics cost reduction
, seamless fleet deployment, and data-driven operational insights.
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