NIT Tiruchi incubated startup gets Rs 2 61 cr News Today

  • | Friday | 11th June, 2021

Chennai: The Chennai Angels (TCA) has announced an investment of Rs 2.61 crore in Blaer Motors an NIT-Tiruchi incubated startup based in Chennai. Founded by four engineering students Blaer Motors builds and develop technological solutions in the transportation and mobility space. The company focuses on developing clean smart and efficient solutions that are cost efficient to meet the needs of the consumer. Blaer has been working on hybrid and electric drivetrain solutions for two and three wheelers and collaborating with multiple OEMs for commercialising the drivetrain solutions. Abinesh Ekambaram co-Founder Blaer Motors said “this is our first round of external investment and we are very excited about this partnership with The Chennai Angels who share our vision towards sustainable mobility.”

Read Full Article Here

If You Like This Story, Support NYOOOZ

NYOOOZ SUPPORTER

NYOOOZ FRIEND

Your support to NYOOOZ will help us to continue create and publish news for and from smaller cities, which also need equal voice as much as citizens living in bigger cities have through mainstream media organizations.


Stay updated with all the Chennai Latest News headlines here. For more exclusive & live news updates from all around India, stay connected with NYOOOZ.

Related Articles