Mobility
Naxatra Labs Bags $3 Mn To Accelerate EV Motor Production
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SUMMARY
Naxatra is planning to develop new product lines by deepening its R&D efforts, expand into new high-growth motor applications
The company designs and manufactures high-efficiency electric motors for electric vehicles (EVs) and industrial applications
It had raised an undisclosed amount in a seed funding round in December last year, led by GVFL
EV motors manufacturer Naxatra Labs
has raised $3 Mn (INR 26.86 Cr) in a Pre-Series A round led by Zerodha’s Rainmatter. Besides, angel investors like Vijay Shekhar Sharma…
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