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Naxatra Labs raises $3 mn to scale electric motors in India EV
short by / on Tuesday, 23 December, 2025
Ahmedabad-based deeptech startup Naxatra Labs has raised $3 million in a pre-Series A round led by Rainmatter, with backing from founders of Paytm, Delhivery, Ixigo, Aspiring Minds, iCEM, and Ather Energy. Founded in 2021, the company plans to scale R&D, expand manufacturing to 50,000 motors a month, and grow its engineering team for EV and industrial customers.
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