Orios Venture Partners

Business

FAAD Network Exits Battery Smart at Phenomenal 61x Return on Investment

FAAD Network gauges the vision of an early-stage venture and helps them achieve exceptional results. With Battery Smart, FAAD drew approximately 370% IRR in the investment tenure. The initial investment was made in 2020 when Battery Smart was operational at only one store with a handful of customers. Currently, the startup is operational in 30 cities and 1000+ stations. Gurgaon…