Deeptech startup Chara raised $4.75 million in Pre-Series A led by Exfinity Venture Partners

Popular

Deeptech startup Chara raised $4.75 million in Pre-Series A led by Exfinity Venture Partners

Deeptech startup Chara raised $4.75 million in Pre-Series A led by Exfinity Venture Partners where existing investors Kalaari Capital, CIIE.CO and new investors–Big Capital, a venture arm of Bitexco, and Log9 Materials, also participated.

Chara is a startup that manufactures magnet-free electric motors. It claims to have developed motors for two, three, and four-wheeled LCVs, as well as HVAC applications. Chara was selected for the Accenture Sustainability Value Accelerator and received an undisclosed amount of seed funding as part of the accelerator programme about eight months ago. According to a Future Market Insights report, India’s deeptech market is expected to reach $3,733 million by 2032, growing at a CAGR of 21.8% between 2022 and 2032.

Sreejit Kumar
Sreejit Kumar
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

Popular

More Like this

Deeptech startup Chara raised $4.75 million in Pre-Series A led by Exfinity Venture Partners where existing investors Kalaari Capital, CIIE.CO and new investors–Big Capital, a venture arm of Bitexco, and Log9 Materials, also participated.

Chara is a startup that manufactures magnet-free electric motors. It claims to have developed motors for two, three, and four-wheeled LCVs, as well as HVAC applications. Chara was selected for the Accenture Sustainability Value Accelerator and received an undisclosed amount of seed funding as part of the accelerator programme about eight months ago. According to a Future Market Insights report, India’s deeptech market is expected to reach $3,733 million by 2032, growing at a CAGR of 21.8% between 2022 and 2032.

Disclaimer

At StartupNews.fyi we strive to uphold the highest ethical standards in all of our reporting and coverage. We 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.

Sreejit Kumar
Sreejit Kumar
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

More like this

NVIDIA Inception for Startups

What Is NVIDIA Inception? NVIDIA Inception is a free...

Upcoming Events

ACE HACK 2.0 | 1st - 2nd April

REGISTRATION FOR ACEHACK SEASON 2 IS LIVE!      

Startup Event - Startup - Galaxy | 2nd April

Startup-Galaxy is inviting you to experience greatness. Startup-Galaxy is organizing the most innovative startup event...

BCRYPT INDIA WEB 3.0 WEEK 2023 | 03-09th April

BCrypt India WEB 3.0 Week 2023 is here to facilitates Influencers, Entrepreneurs, Investors and...

Web3Adda #2 | 3rd April | Assam

Dive into the World of Web 3.0 ​Prepare yourself for a thrilling Web3 Session that...

Startup Information that matters. Get in your inbox Daily!

spot_img
spot_img
Copy link
Powered by Social Snap