About Chara
Chara is a company based in Bengaluru (India) founded in 2019 by Ravi Prasad, Mahalingam Koushik B, and Bhaktha Keshavachar.. Chara has raised $11.86 million across 4 funding rounds from investors including Log9, Exfinity Venture Partners and Kalaari Capital. The company has 47 employees as of April 09, 2024. Chara offers products and services including Sustainable Motors and Smart Controllers. Chara operates in a competitive market with competitors including TSUYO, Revoh, Physics Motors, Zepco Technologies and Quanteon World, among others.
- Headquarter Bengaluru, India
- Employees 47 as on 09 Apr, 2024
- Founders Ravi Prasad, Mahalingam Koushik B, Bhaktha Keshavachar
- Stage Minicorn
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Sectors
Transportation, Automotive & LogisticsIndustrial Goods & Manufacturing Energy & Utilities
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Email
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Phone
*********
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Website
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Social
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- Legal Name Chara Technologies Private Limited
- Date of Incorporation 07 Nov, 2019
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$181.72 K (USD)-7.69as on Mar 31, 2023
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Net Profit
$-632.07 K (USD)-104.68as on Mar 31, 2023
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EBITDA
$-691.4 K (USD)-108.95as on Mar 31, 2023
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Total Equity Funding
$11.86 M (USD)
in 4 rounds
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Latest Funding Round
$6.2 M (USD), Series A
Oct 13, 2025
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Investors
Log9
& 6 more
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Employee Count
47
as on Apr 09, 2024
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Products & Services of Chara
Chara offers a comprehensive portfolio of products and services, including Sustainable Motors and Smart Controllers. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Rare-earth-free motors for energy efficiency in vehicles
Firmware for optimizing motor performance and reliability
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Funding Insights of Chara
Chara has successfully raised a total of $11.86M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $6.2 million completed in October 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series A — $6.2M
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First Round
First Round
(30 Mar 2021)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2025 | Amount | Series A - Chara | Valuation | Arkam Ventures | |
| Dec, 2022 | Amount | Seed - Chara | Valuation | Exfinity Venture Partners , BIG Capital | |
| Apr, 2022 | Amount | Seed - Chara | Valuation | IIMA Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Chara
Chara has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Log9, Exfinity Venture Partners and Kalaari Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investment in B2B technology ventures from India for global markets.
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Founded Year | Domain | Location | |
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Investments in early-stage technology companies are made by Kalaari Capital.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Chara
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Chara
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Chara Comparisons
Competitors of Chara
Chara operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as TSUYO, Revoh, Physics Motors, Zepco Technologies and Quanteon World, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
BDLC motors and controllers for electric three-wheelers are developed.
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| domain | founded_year | HQ Location |
End-to-end hardware and software solutions for electric vehicles are provided.
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| domain | founded_year | HQ Location |
Electric vehicle drive train systems are designed and manufactured.
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| domain | founded_year | HQ Location |
Power electronics products for drones and EVs are supplied.
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| domain | founded_year | HQ Location |
Electric motors are provided for various electric vehicle categories.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Chara
Frequently Asked Questions about Chara
When was Chara founded?
Chara was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is Chara located?
Chara is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Chara?
Bhaktha Keshavachar is the current CEO of Chara. They have also founded this company.
Is Chara a funded company?
Chara is a funded company, having raised a total of $11.86M across 4 funding rounds to date. The company's 1st funding round was a Seed of $56.18K, raised on Mar 30, 2021.
How many employees does Chara have?
As of Apr 09, 2024, the latest employee count at Chara is 47.
What is the annual revenue of Chara?
Annual revenue of Chara is $181.72K as on Mar 31, 2023.
What does Chara do?
Manufacturer of motors for electric vehicles. The company designs rare-earth-free permanent magnet motors that harness the natural properties of magnetic reluctance to deliver performance.
Who are the top competitors of Chara?
Chara's top competitors include TSUYO, Zepco Technologies and Physics Motors.
What products or services does Chara offer?
Chara offers Sustainable Motors and Smart Controllers.
Who are Chara's investors?
Chara has 7 investors. Key investors include Log9, Exfinity Venture Partners, Kalaari Capital, Big Capital, and IIMA Ventures.
What is Chara's valuation?
The valuation of Chara is $14.39M as of Dec 2022.