EV motor provider Attron Automotive raises Rs 4.75 Cr led by Anicut Capital

Pune-based Attron Automotive, a provider of motor and controller solutions for electric vehicles (EVs), has raised INR 4.75 crore from Anicut Capital, Pontaq, Venture Catalyst, and Yashovardhan Shah. The investment will be used to support the company's growth initiatives which include the setup of an assembly line, establishment of a prototyping facility, team expansion, and research and development efforts to drive innovation in technologies.