EntrepreneurshipStartup

This Indian Startup Just Raised $6 Million to Revolutionize EV Motors — No Rare Earths Needed

Chara Technologies Bags $6 Million in Series A to Power Rare-Earth-Free EV Revolution In a major boost to India’s deep-tech and electric vehicle (EV) ecosystem, Bengaluru-based Chara Technologies has raised Rs 52 crore (approximately $6 million) in a Series A funding round led by Arkam Ventures. Other big-name investors like Exfinity Venture Partners, Kalaari Capital, and IIMA Ventures also…
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Startup

Hala Mobility Secures Rs 51 Crore to Accelerate EV Expansion Across India

Hala Mobility, an electric vehicle (EV)-as-a-service startup based in Hyderabad, has successfully raised Rs 51 crore in its pre-Series A funding round. The funding round, which includes a mix of debt and equity, was led by the startup’s founders—Srikanth Reddy, Snehith Reddy, and Anand Pareek—as well as Phani Ramineni, the founder of Previa Health. Other investors included the Rohan Bajaj…
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