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Naxatra Labs Bags Seed Funding To Build EV Motors

  • Electric vehicle (EV) tech startup Naxatra Labs has secured seed funding led by GVFL, Mohit Tandon, and Himanshu Aggarwal.
  • The startup offers advanced motor solutions for EVs and plans to use the funding to support manufacturing and technology.
  • The investment will help Naxatra Labs increase production capabilities, enhance R&D efforts, and certify products for international standards.
  • The climate tech market is witnessing active investor interest, with funding raised by various startups in the sector.

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