Naxatra Labs Bags Seed Funding To Capitalise On EV Motor Tech Stack

SUMMARY

The funding round also saw participation from Rainmatter by Zerodha, Paytm founder Vijay Shekhar Sharma, Ixigo co-founders Aloke Bajpai and Rajnish Kumar among others, Naxatra’s cofounder Abhilash Maurya said in a post on LinkedIn

Founded in 2021 by Maurya alongside Piyush Verma and Arnav Biswas, the startup offers advanced motor solutions for EVs

Naxatra Labs claims to develop light and efficient motors offering both axial and radial flux motor technologies for ev, agriculture and powertools

Electric Vehicle (EV) tech startup Naxatra Labs has secured an undisclosed amount in its seed funding round co-led by GVFL, Delhivery founder Mohit Tandon and Aspiring Minds founder Himanshu Aggarwal. 

The round also saw participation from Rainmatter by Zerodha, Paytm founder Vijay Shekhar Sharma, Ixigo co-founders Aloke Bajpai and Rajnish Kumar among others, Naxatra’s cofounder Abhilash Maurya said in a post on LinkedIn. 

Founded in 2021 by Maurya…

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