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Naxatra Labs raised an undisclosed amount in a seed funding round led by GVFL and Delhivery founder Mohit Tandon to expand its team in R&D and production for electric vehicle motor technology.

PRIVATEDec 23, 2024

Round Type

Seed

AhmedabadManufacturingAutomotive

Investors

Aloke BajpaiVijay Shekhar SharmaHimanshu AggarwalMohit TandonNithin KamathRajnihs KumarNarayanGvfl

Description

Naxatra Labs has raised seed funding led by GVFL and notable investors including Delhivery founder Mohit Tandon. The electric vehicle motor technology startup plans to use the funds to enhance its R&D and production capabilities to meet growing demand.

Who else raised in Automotive and Manufacturing around the same time

Companies in the same sectors as Naxatra Labs that raised within 45 days of this round, from Fundz verified event records.

  • SaverOne 2014 Ltd raised $1.5M (Seed) on January 31, 2025.
  • Harbinger raised $100M (Series B) on January 14, 2025.
  • BGauss Auto raised $19M (Funding Round) on January 14, 2025.
  • IM Motors raised $1.3B (Series B) on December 25, 2024.
  • X-Bow Systems raised $25M on December 20, 2024.
  • Azio AI Holdings, Inc. raised $4.4M (Seed) on December 18, 2024.

Who to call at Naxatra Labs, and when

A new round usually means Naxatra Labs is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Naxatra Labs raises, hires an executive or expands, scored against what you sell
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Company Information

Company

Naxatra Labs

Location

Ahmedabad, Gujarat, India

About

Naxatra Labs is an innovative technology company dedicated to developing advanced motor solutions for electric vehicles. With a focus on efficiency, reliability, and performance, Naxatra Labs is at the forefront of revolutionising electric mobility in India and beyond.

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Naxatra Labs raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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