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FITT IIT Delhi incubate Motorama Secures ₹1.12 Crore in Funding Led by Campus Angels Network
Chennai, India – March 17, 2025 – Motorama EV Private Limited, an innovative startup specializing in rare-earth-free BLDC motors for HVAC applications, has successfully raised ₹1.12 crore in its latest funding round led...
Chennai, India – March 17, 2025 – Motorama EV Private Limited, an innovative startup specializing in rare-earth-free BLDC motors for HVAC applications, has successfully raised ₹1.12 crore in its latest funding round led by Campus Angels Network. This investment will drive Motorama’s efforts in product development, scaling manufacturing, and enhancing its market reach to revolutionize energy-efficient motor solutions.
Motorama, incubated at Foundation for Innovation and Technology Transfer (FITT) IIT Delhi, is focused on delivering high-performance, sustainable BLDC motors designed for HVAC applications, aiming to replace conventional motors with more energy-efficient alternatives. The company’s motors eliminate the need for rare-earth materials, addressing environmental and supply chain concerns while enhancing durability and performance.
