Tsuyo has secured Rs 400 million in a pre-series A funding round led by Avaana Capital. The investment will support the establishment of the company’s third greenfield facility for manufacturing high-wattage electric motors and transmission assemblies. The funds will also be used to set up Tsuyo’s second research and development centre. The centre will focus on hardware-based embedded software, power electronics, and prototype development, thereby strengthening the company’s innovation pipeline.
Furthermore, the manufacturing facility will specialise in producing high-wattage electric motors ranging from 15 kW to 250 kW, with an initial annual production capacity of 20,000 units. It will feature a dedicated vehicle-testing track and advanced end-of-line validation systems compliant with the PM Electric Drive Revolution in Innovative Vehicle Enhancement Programme and Faster Adoption and Manufacturing of Electric Vehicles standards.
Tsuyo is an electric vehicle (EV) powertrain design and manufacturing company. It specialises in delivering high-efficiency, advanced EV components that power a range of applications, from light EVs to heavy-duty commercial machinery.
