Saturday, 17 May, 2025

Fyn Mobility Secures $2.5M to Expand EV Fleet and Enter Southeast Asian Markets

Chennai-based EV-as-a-service startup Fyn Mobility has raised $2.5 million in a funding round led by investor Vijay Kedia, Lloyd Balajadia of Lloyd Laboratories, and Swiggy CFO Rahul Bothra. The capital will be used to expand its electric vehicle fleet, enhance technology, and pursue international growth, particularly in Southeast Asia. Fyn, which serves clients like Amazon and Flipkart, is also seeking an additional $10 million for global expansion.