Naxatra Labs, India raises pre-series A funding for EV motor production
On December 24, Naxatra Labs, an Ahmedabad-based deeptech company developing high-efficiency electric motors for EV and industrial applications, raised USD 3 million in a Pre-Series A funding round led by Rainmatter, with participation from individual investors from Paytm, Delhivery, and Ather Energy. The company pla
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