<ul><li>Naxatra Labs, an electric vehicle (EV) motor technology startup, has raised an undisclosed amount in a seed funding round.</li><li>The funding round was led by GVFL, Delhivery founder Mohit Tandon, and Aspiring Minds founder Himanshu Aggarwal.</li><li>The funds will be utilized to expand the team in research and development (R&D) and production.</li><li>Naxatra Labs specialises in axial flux motors for electric two-wheelers and three-wheelers, offering customised powertrain solutions.</li></ul>

Naxatra Labs Secures Seed Funding from Leading Investors to Drive EV Motor Innovation

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