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flag VoltUp raises $8 million to expand electric vehicle battery-swapping stations in India.

flag VoltUp, an Indian battery-swapping startup for electric two- and three-wheelers, has raised $8 million in a seed funding round, totaling $18 million. flag The funds will help expand its Mobility-as-a-Service offerings and deploy 1,000 new battery-swapping stations across 20 urban centers. flag The company aims to invest over $85 million in assets, promoting electric vehicle adoption and reducing range anxiety.

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