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.
Rare-earth-free motors for energy efficiency in vehicles
Firmware for optimizing motor performance and reliability
People of Chara
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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.
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.
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Investment in B2B technology ventures from India for global markets.
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Investments in early-stage technology companies are made by Kalaari Capital.
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Investor details for Chara
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Investments & Acquisitions by Chara
Investment portfolio details for Chara
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Financial Statements - Chara
Detailed financials for Chara
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Chara Comparisons
Peer comparison for Chara
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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.
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BDLC motors and controllers for electric three-wheelers are developed.
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End-to-end hardware and software solutions for electric vehicles are provided.
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Electric vehicle drive train systems are designed and manufactured.
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Power electronics products for drones and EVs are supplied.
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Electric motors are provided for various electric vehicle categories.
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Detailed competitors of Chara
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Latest news on Chara
Complete news archive for Chara
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Frequently Asked Questions about Chara
Chara was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Chara is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Bhaktha Keshavachar is the current CEO of Chara. They have also founded this company.
Chara is a funded company, having raised a total of $11.86M across 4 funding rounds to date.
As of Apr 09, 2024, the latest employee count at Chara is 47.
Annual revenue of Chara is $181.72K as on Mar 31, 2023.
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.
Chara's top competitors include TSUYO, Zepco Technologies and Physics Motors.
Chara offers Sustainable Motors and Smart Controllers.
Chara has 7 investors. Key investors include Log9, Exfinity Venture Partners, Kalaari Capital, Big Capital, and IIMA Ventures.
The valuation of Chara is $14.39M as of Dec 2022.