Entuple E-Mobility raised $3 million in Pre-Series A from Blue Ashva Capital and Capital A

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Electric vehicle powertrain manufacturer Entuple E-Mobility raised $3 million in Pre-Series A funding from Blue Ashva Capital and Capital A.

Entuple creates powertrains for electric two-wheeler, three-wheeler, and four-wheeler applications. It has also created a variety of traction motors, including BLDC, PMSM, SynRM, SRM, and induction motors. Entuple plans to use the new funds to expand its research and development capabilities in order to develop next-generation traction motors. The funds will also be used to expand the startup’s technological offerings. According to a Mordor Intelligence report, India’s electric vehicle market, which was estimated to be $1,434 billion in 2021, is expected to grow to $15,397 billion by 2027. By 2027, the industry will have grown at a CAGR of 47.09%.

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Entuple E-Mobility raised $3 million in Pre-Series A from Blue Ashva Capital and Capital A

Electric vehicle powertrain manufacturer Entuple E-Mobility raised $3 million in Pre-Series A funding from Blue Ashva Capital and Capital A.

Entuple creates powertrains for electric two-wheeler, three-wheeler, and four-wheeler applications. It has also created a variety of traction motors, including BLDC, PMSM, SynRM, SRM, and induction motors. Entuple plans to use the new funds to expand its research and development capabilities in order to develop next-generation traction motors. The funds will also be used to expand the startup’s technological offerings. According to a Mordor Intelligence report, India’s electric vehicle market, which was estimated to be $1,434 billion in 2021, is expected to grow to $15,397 billion by 2027. By 2027, the industry will have grown at a CAGR of 47.09%.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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