Revoh Innovations Raises $425k in Seed Round Funding

• ByStartupStory     |    June 17, 2023

Revoh Innovations, an electric vehicle (EV) sub-components manufacturing company incubated by IIT-Madras, has recently announced the successful completion of its seed round funding. The company secured a substantial amount of USD 425k from prominent investors, including Nexzu Technologies and Whiteboard Capital.

With the infusion of new capital, Revoh Innovations is set to expand its team and concentrate on the development of tailored products to meet the evolving demands of the electric vehicle market in India. Notably, the company had previously secured funding from angel investors during its seed round A, and now in seed round B, it has successfully raised an additional USD 425k.

Revoh Innovations, a manufacturer of electric vehicle (EV) sub-components, specializes in the advancement of motor controller technology to optimize the performance of two-wheeler and three-wheeler EV vehicles. With an impressive clientele comprising multinational corporations and startups, Revoh caters to approximately 75 clients globally, as reported by the company.

Commenting on the same, Vignesh Durai, CEO, Revoh Innovations said, “The funding that we have received goes into the expansion of the company and recruiting special talents that can provide superior skills and extraordinary workmanship. Further, we are also planning to venturing into high-power controllers segment soon.”

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