IIT-Madras-incubated electric vehicle sub-component manufacturing startup Revoh Innovations has raised funds $150,000 from angel investors Vel Kanniappan and Ravi Renganathan in a seed round.
The proceeds will be used in R&D, manufacturing, and operations based out of IIT-M Research Park and is looking forward to setting up a standalone manufacturing facility.
Founded by Vignesh D, Revoh’s motor controllers use a unique and indigenously designed control algorithm—which means all the products are 100% customizable. The startup says that all their products are locally designed and manufactured in India.
At present, the startup can produce 2,000 motor controllers per month for various applications such as EV, healthcare, solar energy, industrial, agriculture and domestic uses. It claims to have around 25 clients across MNCs and startups.
