Revoh Innovations raises USD 425K for EV sub-components manufacturing

Revoh Innovations, an EV sub-components manufacturing startup incubated at IIT-Madras, has raised $425K in seed funding from Nexzu Technologies and Whiteboard Capital. The funding will be used to expand the team size and develop specific products to meet the needs of the Indian electric vehicle market. Revoh aims to manufacture products with higher power specifications and incorporate advanced features into their existing offerings. Previously, the company received funding from angel investors in seed round A.

Revoh Innovations focuses on developing technology solutions for motor controllers for two-wheeler and three-wheeler electric vehicles. The company said that they currently serve around 75 clients worldwide, ranging from multinational corporations to startups. Their work in research and production techniques enables them to deliver efficient EV controllers, added the statement. The company aims to transform the Indian EV sector by reducing reliance on overseas sub-components and products.

Revoh’s motor controllers use a unique and indigenously designed control algorithm—which means all the products are 100% customizable. Revoh also mentions that its BLDC drive is India’s first BLDC controller to achieve 97% efficiency.

Vignesh Durai, CEO of Revoh Innovations, expressed his satisfaction with the company’s growth in recent years, highlighting their product quality and unique customization. The funding will contribute to the company’s expansion and the recruitment of specialized talents. Revoh also plans to venture into the high-power controllers segment in the near future.

Also Read: EV motor controller maker Revoh Innovations raises USD 131,000