EV Powertrain Solutions Provider Tsuyo Manufacturing Raises INR 40 Cr

Tsuyo Manufacturing has secured INR 40 Cr in its pre-Series A funding round led by Avaana Capital

The startup will use the capital to set up a greenfield manufacturing facility, ramp up R&D, and scale-up innovations for heavy commercial vehicle electrification and retrofit solutions

Founded in 2020, Tsuyo designs, develops, and manufactures electric motors, controllers, and integrated powertrain systems

EV powertrain solutions provider TSUYO Manufacturing has secured INR 40 Cr (around $4.5 Mn) in its pre-Series A…