Chara Technologies

Smart Cities & Mobility

DeepTech

Karnataka

, India

Founded:

Jan 2019

Founders:

Bhaktha Keshavachar, Ravi Prasad, Mahalingam Koushik, Harish Lalchandani

Description:

Proprietary rare-earth-free motors (8kW–30kW) using indigenously sourceable materials, dual ARAI and ICAT certified.

Key Highlights:

  • Funding Raised: ~$12M

  • Patents: 8

  • Active Customers: 70+

Core Problem Statement

Geopolitical concentration of rare-earth magnet supply creates three interlocking risks for the global EV industry: fragile supply chains, a volatile cost floor where magnets represent a high percentage of motor BOM, and an environmental mining profile that undermines sustainability goals.

Solution Overview

Proprietary, rare-earth-free electric motors powered by matching controllers equipped with custom Drive Control Firmware. The platform utilizes real-time flux estimation and adaptive efficiency optimization alongside vertically integrated manufacturing covering design, production, testing, and integration.

Strategic Engagement Opportunities

Chara's certified, production-ready rare-earth-free motor platform offers automotive OEMs and Tier-1 suppliers a proven co-development and supply chain partner. Its proprietary SynRM platform offers a foundation for deep technical collaboration and co-development in advanced electric machine research.

Experience Bharat Innovates on your Phone

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ADDRESS

Bharat Innovates Office, c/o Office of Dean (R&D), 2nd Floor, Rahul Bajaj Technology & Innovation Centre, IIT Bombay, Powai, Mumbai - 400076

Experience Bharat Innovates on your Phone

Install Bharat Innovates app to get your entry QR code, explore the event agenda, connect with attendees, find your way with the venue map and more.

ADDRESS

Bharat Innovates Office, c/o Office of Dean (R&D), 2nd Floor, Rahul Bajaj Technology & Innovation Centre, IIT Bombay, Powai, Mumbai - 400076

Experience Bharat Innovates on your Phone

Install Bharat Innovates app to get your entry QR code, explore the event agenda, connect with attendees, find your way with the venue map and more.

ADDRESS

Bharat Innovates Office, c/o Office of Dean (R&D), 2nd Floor, Rahul Bajaj Technology & Innovation Centre, IIT Bombay, Powai, Mumbai - 400076