Mobility
Chara Technologies Raises INR 52 Cr To Scale Manufacturing
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SUMMARY
The funding round led by Arkam Ventures, with participation from IIMA Ventures, Exfinity Venture Partners and Kalaari Capital
The funds will be deployed to set up a new factory in Bengaluru to develop rare-earth-free motors and controllers, along with a dedicated testing and validation facility
Chara has presence in Belgium and Italy in Europe, and now plans to target North America and deepen its presence in Europe
Deeptech startup Chara
Technologies has secured INR 52 Cr (about $5.8 Mn) in its Series A funding round…
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