Angel Investments
Transportation tech provider Blaer Motors raises Rs.2.6 Cr from The Chennai Angels
Chennai-based Blaer Motors, an NIT Trichy-incubated startup, has raised INR 2.61 crore from The Chennai Angels (TCA). Founded by four engineering students, Blaer Motors develops technological solutions in the transportation and mobility space. It has been working on hybrid and electric drivetrain solutions for two-wheelers and three-wheelers, collaborating with multiple OEMs for commercializing the drivetrain solutions. Blaer will use the raised capital for infrastructure development, strengthening of R&D team and technology development.
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