2022 GLOBAL FINALIST
Chara
Cleantech
The world is moving from fossil fuels to electric, and motors will be at the heart of this transition to power everything from transportation and manufacturing to consumer devices. Chara has used innovation to create a scalable, cloud-controlled switched magnetic reluctance electric motor design to sustainably avoid all rare-earth minerals while providing up to 50% more conversion efficiency versus the traditional AC induction motors.
💸 Select investors: Kalaari Capital; CIIE, IIMA; IISc, Bengaluru
📌 HQ: Bengaluru, India