Chara Technologies Raises ₹52 Crore to Scale Rare-Earth-Free Powertrain Manufacturing

Bengaluru-based deep-tech startup Chara Technologies, known for developing rare-earth-free electric motors and controllers, has raised ₹52 crore ($6 million) in a Series A funding round led by Arkam Ventures, with participation from Exfinity Venture Partners, Kalaari Capital, and IIMA Ventures. This follows Chara’s earlier $4.75 million pre-Series A round, also led by Exfinity. The company … Continue reading Chara Technologies Raises ₹52 Crore to Scale Rare-Earth-Free Powertrain Manufacturing