IIT-Madras-incubated EV sub-components manufacturing startup Revoh Innovations has raised $425,000 in a seed funding round led by Nexzu Technologies and Whiteboard Capital.
With this round of funding, The startup aims to grow its team size and focus on developing specific products that cater to the current needs of the Indian electric vehicle market.
Besides this, It will also focus on manufacturing products with higher power specifications while simultaneously enhancing the existing products by incorporating advanced features.
Revoh Innovations said it is developing technology solutions for motor controllers to enhance the efficiency of two-wheeler/ three-wheeler EV vehicles.
The startup said it uses research methodologies and production techniques that enables it to deliver the most efficient EV controllers as compared to its other indigenously designed and developed counterparts.
Revoh claims to have around 75 clients worldwide, ranging from multinational corporations to startups.
Vignesh Durai, CEO of Revoh Innovations, said, “Revoh’s growth has been exceptional, particularly in the last two years. Our clients love the product quality and the unique customization we offer. 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.”
Also Read: