Manufacturing firm for EV sub-components Revoh Innovations, which was incubated at IIT-Madras, has raised USD 425k in a seed round from Nexzu Technologies and Whiteboard Capital.
Revoh plans to expand its team and develop products for the Indian electric vehicle market with new funds. In seed A, angel investors funded Revoh. The company raised $425k in seed B, as per reported by BW Disrupt.
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.”
Revoh Innovations develops motor controller technology for two- and three-wheeler EVs.Revoh claims 75 global clients, from multinationals to startups.
About Revoh Innovations
Revoh is the BLDC Controller manufacturing company for designing, developing and delivering high-performance scalable products for the Electric Vehicle Segment in India.