Viridian Ingni Propulsion raises Rs 1.47 Cr in pre-seed round led by Inflection Point Ventures. The Chennai-based deeptech startup develops electric propulsion systems for EVs, drones, and industrial machinery.
Amount Raised
₹14.7 Million
Round Type
Seed
ChennaiManufacturingAutomotiveInvestors
Description
Viridian Ingni Propulsion, a Chennai-based deeptech startup, has raised Rs 1.47 crore in a pre-seed funding round led by Inflection Point Ventures. The company also received Rs 53.75 lakh in grants from SIPCOT, MeitY Startup Hub, NIDHI PRAYAS, and other institutions. Founded in February 2024, Viridian develops electric propulsion systems including motors and controllers for electric vehicles, drones, and industrial applications. The funds will support manufacturing tooling, pilot production setup, certifications, and hiring as the company moves from prototype validation to production.
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Viridian Ingni Propulsion raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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