Another boost has been given to India’s electric mobility revolution. Advanced EV powertrain startup Tsuyo Manufacturing has raised $4.5 million in a fundraising round led by Avaana Capital and including additional key investors.

With the new investment, Tsuyo will be able to improve its suite of electric drivetrain solutions for two- and three-wheel electric cars, two of India’s fastest-growing EV sectors, as well as increase its manufacturing capacity and R&D efforts.

H2: The Mission of Tsuyo: Advancing India’s Electric Future

Tsuyo Manufacturing was established with the goal of spearheading the shift to clean mobility. The company focuses on creating high-performance electric powertrain systems, which are the foundation of any EV.

The firm specializes in locally made drive systems, controllers, and motors that are adapted to Indian circumstances. Tsuyo guarantees cost-effective scalability for OEMs (Original Equipment Manufacturers) and lessens dependency on imported components by providing native solutions.

Tsuyo intends to use the additional funds to:

• Increase its production capacity throughout India.
• Invest in R&D for EV powertrains of the future.
• Boost collaborations with battery producers and electric vehicle OEMs.

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Avaana Capital, a top venture capital firm with a focus on sustainability and climate technology, led the funding round. Leading India’s green revolution, Avaana supports startups that prioritize innovations in the clean energy, mobility, and circular economy sectors.

Avaana Capital claims that Tsuyo’s scalable, technology-driven strategy complements government programs like FAME II (Faster Adoption and Manufacturing of Hybrid and Electric Vehicles) and India’s long-term sustainability objectives.

In addition to offering Tsuyo financial stability, Avaana’s investment will pave the way for strategic alliances throughout the clean-tech sector, assisting Tsuyo in accelerating adoption and impact.

Tsuyo’s comprehensive powertrain development, which includes everything from electronic control units to motor design, is what makes them unique. This comprehensive strategy guarantees:

• Improved range and efficiency for EVs.
• Reduced end-user maintenance expenses.
• Enhanced performance in a variety of driving scenarios, including crowded city streets and rural areas.

In India’s expanding two- and three-wheeler sector, a number of EV manufacturers have already embraced Tsuyo’s technology. The company plans to treble its production output within the next year to fulfill growing demand.

Although India’s EV ecosystem is developing quickly, a significant obstacle still exists: the dearth of dependable, domestically made powertrains. The expansion of Tsuyo Manufacturing is a significant step toward independent EV production under the “Make in India” campaign.

With robust financial support and an emphasis on innovation, Tsuyo is well-positioned to play a significant role in India’s drive for carbon neutrality and sustainable mobility.

Tsuyo’s ascent represents more than simply a financial milestone; it’s an indication that India’s EV revolution is accelerating as the nation scrambles to fulfill its 2030 EV adoption targets.

In addition to providing Tsuyo Manufacturing with financial support, the $4.5 million funding round headed by Avaana Capital also supports India’s potential to become a global leader in the development of reasonably priced and effective electric transportation solutions.

Tsuyo is pushing forward, one powertrain at a time, with innovation at its heart and sustainability as its goal.