Electric powertrain startup Tsuyo Manufacturing secures $4.5 million in Pre-Series A funding
Tsuyo plans to deploy the newly raised capital for establishing its second research and development (R&D) center and commissioning a new greenfield manufacturing facility
New Delhi-based electric powertrain startup Tsuyo Manufacturing Pvt. Ltd. has secured 400 million Indian Rupees ($4.5 million) in a Pre-Series A funding round, according to a report published by Autocar Professional on Oct. 29. Avaana Capital, a venture capital firm specializing in deep-tech innovation, led the funding round.
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