Entuple E-Mobility, an EV powertrains technology company, has raised $3 million pre-series A funding from Blue Ashva Capital and Capital A. 

Entuple E-Mobility will deploy the capital to further strengthen its R&D capabilities to develop next-generation traction motors and drives for mobility applications including machine learning and advance telematics capabilities in its products.

The funding will also enable Entuple to enhance its advanced technology offering to its OEM customers

Entuple E-Mobility has developed a product portfolio of 23 variants of integrated motors (including hub motors, mid-drive and heavy-duty motors) and controllers. These motors and controllers have been tested to have a high system level energy efficiencies of >91% while the competitive products generally have efficiencies of 70% and thereabouts.

Commenting on the funding, Rakesh Mishra, Founder & CEO, Entuple E-Mobility said, “We are delighted to have Blue Ashva Capital and Capital A as our investors. The current round of funding will significantly boost our capability to develop and deliver next-generation Powertrain technologies to the market. We are substantially enhancing our R&D capabilities through talent acquisition, investment in design and simulation tools, and advance test set-ups.

Satya Bansal, Founder, Blue Ashva Capital said, “There exists a huge gap in India’s EV value chain with high reliance on low-reliability imports for critical components. We believe that the growth of the EV market largely depends on access to technology and supply chain for battery cells and powertrains which account for almost 60% of the cost of the vehicle.