EV motor startup Naxatra Labs raises $3 million led by Zerodha’s Rainmatter, angel investors

December 23, 2025

, By The Economic Times

EV motor startup Naxatra Labs raises million led by Zerodha’s Rainmatter, angel investors

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Electric vehicle (EV) and industrial motor startup Naxatra Labs has raised $3 million led by Rainmatter, the venture investment arm of Zerodha. The deeptech startup develops end-to-end motor tech for EVs and industrial applications, from electromagnetic design and validation to final production.

The round also saw participation from several marque startup founders, operators, and angel investors, including Mohit Tandon of rel=”dofollow” href=”https://economictimes.indiatimes.com/delhivery-ltd/stocks/companyid-2041701.cms” target=”_blank”>Delhivery, Himanshu Aggarwal of Aspiring Minds, Vijay Shekhar Sharma of rel=”dofollow” href=”https://economictimes.indiatimes.com/one97-communications-ltd/stocks/companyid-2017785.cms” target=”_blank”>Paytm, Aloke Bajpai of Ixigo, Anupam Jalote of iCEM,…

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EV motor startup Naxatra Labs raises $3 million led by Zerodha’s Rainmatter, angel investors

December 23, 2025

, Published By The Economic Times

EV motor startup Naxatra Labs raises million led by Zerodha’s Rainmatter, angel investors

Electric vehicle (EV) and industrial motor startup Naxatra Labs has raised $3 million led by Rainmatter, the venture investment arm of Zerodha. The deeptech startup develops end-to-end motor tech for EVs and industrial applications, from electromagnetic design and validation to final production.

The round also saw participation from several marque startup founders, operators, and angel investors, including Mohit Tandon of rel=”dofollow” href=”https://economictimes.indiatimes.com/delhivery-ltd/stocks/companyid-2041701.cms” target=”_blank”>Delhivery, Himanshu Aggarwal of Aspiring Minds, Vijay Shekhar Sharma of rel=”dofollow” href=”https://economictimes.indiatimes.com/one97-communications-ltd/stocks/companyid-2017785.cms” target=”_blank”>Paytm, Aloke Bajpai of Ixigo, Anupam Jalote of iCEM,…

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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Previous News

Pirate group says it has scraped almost the whole of Spotify

Next News

AI data centers are forcing obsolete ‘peaker’ power plants back into service

The Economic Times

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