TNIFMC invests in EV tech startup Torus Robotics

TNIFMC managed Tamil Nadu Emerging Sector Seed Fund (TNESSF) has invested in Torus Robotics , a Chennai-based startup that is focused on the development of "Axial Flux" electric motors.The Torus Axial Flux motor technology is a platform that aims to address multiple market needs from industrial, power generation, EV, defence and consumer electronics. The company is currently focused on making existing electric vehicles perform better.