The Chennai Angels invests ₹2.61 crore in start-up Blaer Motors
The Hindu
Founded by four engineering students, Blaer Motors builds and develops technological solutions in the transportation and mobility space
The Chennai Angels (TCA), an angel investment group, has invested ₹2.61 crore in Blaer Motors, a National Institute of Technology-Trichy incubated start-up based in Chennai. Founded by four engineering students, Blaer Motors builds and develops technological solutions in the transportation and mobility space. The company focuses on developing clean, smart and efficient solutions that are cost efficient to meet the needs of the consumer. The start-up has been working on hybrid and electric drive-train solutions for two-wheelers and three-wheelers and collaborating with multiple OEMs (original equipment manufacturers) for commercializing drive-train solutions.
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