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EV motor & controller startup Attron Automotive raises Rs 4.75Cr led by Venture Catalysts and Anicut Capital

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EV motor & controller startup Attron Automotive raises Rs 4.75Cr led by Venture Catalysts and Anicut Capital

EV motor and controller startup Attron Automotive has secured Rs 4.75 crore in a seed funding round led by Anicut Capital and co-led by Venture Catalysts. Attron aims to revolutionize electric mobility with its precision-engineered motor and controller solutions, promoting sustainability and enhancing vehicle performance. The funding round also saw participation from other investors, including Pontaq VC and angel investor Yashovardhan Shah. Attron plans to use the investment to expand its operations, including setting up a new production facility capable of producing 8,000 units per month, in response to the increasing demand in the electric vehicle market.

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