About Chara
Chara is a Transportation, Automotive & Logistics company based in Bengaluru (India) founded in 2019 by Ravi Prasad, Mahalingam Koushik B, and Bhaktha Keshavachar. It operates in the Transportation, Automotive & Logistics, Industrial Goods & Manufacturing, and Energy & Utilities sectors. 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. Chara was last valued at $14.39 million in December 2022. Its chief executive, as recorded, is Bhaktha Keshavachar. Its Indian entity Chara Technologies Private Limited reported revenue of ₹1.04 Cr. Chara offers products and services including Sustainable Motors and Smart Controllers. Its focus areas include Industrial Goods and Manufacturing, Industrial Automation Equipment, Electrical Systems and Manufacturers. Its competitors include TSUYO, Revoh and Physics Motors; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Bengaluru, India
- Employees 47
- Founders Ravi Prasad, Mahalingam Koushik B, Bhaktha Keshavachar
- Stage Minicorn
- SectorsTransportation, Automotive & LogisticsIndustrial Goods & Manufacturing Energy & Utilities
- Email••••••••
- Website chara.co.in
- Social LinkedIn X Facebook YouTube
- Legal Name Chara Technologies Private Limited
- Date of Incorporation 07 Nov, 2019
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹1.04 Cr
FY 2025 · -55% YoY
- Net Loss-₹19.11 Cr
FY 2025 · -1834% margin
- EBITDA-₹18.44 Cr
FY 2025 · -1769% margin
- Total Equity Funding$11.86M (USD)
in 4 rounds
- Latest Funding Round$6.2M (USD), Series A
Oct 2025
- InvestorsLog9
& 6 more
- Employee Count47
Associated legal entities of Chara
Chara operates through Chara Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Chara Technologies Private Limited CIN U34300KA2019PTC129393 | Active | 07 Nov 2019 | Bangalore, Karnataka | ₹1.0 Cr | 47 | 2 | View details |
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
Apps and channels of Chara
its YouTube channel Chara Technologies has 149 subscribers and 18 videos.
Videos from Chara
The most watched videos on Chara's YouTube channel, Chara Technologies (149 subscribers). Click a video to play it here.
More on Chara Technologies.
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 $11.86M
- Total Rounds 4
- Last Round Series A — $6.2M
- First Round $850,739
(Mar 2021)
- Investors Count 7
All 4 funding rounds of Chara with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2025 | $6.2M | Series A | – | Arkam Ventures | |
| Dec 2022 | $4.75M | Seed | $14.39M | Exfinity Venture Partners, BIG Capital | |
| Apr 2022 | $56,184 | Seed | $12.39M | IIMA Ventures | – |
| Mar 2021 | $850,739 | Seed | $••••• | Kalaari Capital |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2022 | $14.39M | •••••••• |
| Apr 2022 | $12.39M | •••••••• |
| Mar 2021 | $••••• | •••••••• |
Full valuation and stage history of Chara
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
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Verified entity values are shown only after access is granted.
Last known valuation $14.39M (Dec 2022). 7 investors in total: 7 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment in B2B technology ventures from India for global markets. | 2013 | exfinityventures.com | Bengaluru, India | |
Investments in early-stage technology companies are made by Kalaari Capital. | kalaari.com | Bengaluru, India | ||
Early-stage tech startups are supported via venture capital and acceleration. | iimaventures.com | Ahmedabad, India | ||
Private equity focused on software companies | bigcapllc.com | Weston, United States | ||
Tech-enabled sectors are invested in by the venture capital fund. | arkamvc.com | Bengaluru, India | ||
Advanced battery technologies for energy storage are developed and supplied. | 2015 | log9materials.com | Bengaluru, India |
Investor details for Chara
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Chara Technologies Private Limited (Chara)
Chara Technologies Private Limited is the primary company behind Chara. The board of Chara Technologies Private Limited currently have 2 directors; the longest-serving is Bhaktha Ram Keshavachar, appointed in 2019. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Bhaktha Ram Keshavachar DIN 07658137 | Director | 07 Nov 2019 | 7 yrs | Chara Technologies Private Limited |
| Mahalingam Koushik Balasubramanian DIN 09160756 | Director | 16 Jul 2021 | 5 yrs 3 mo | Chara Technologies Private Limited |
People of Chara
25 people are tracked at Chara (9 in leadership, 16 in team); the tracked headcount is 47.
| Name | Role | Group |
|---|---|---|
Ravi Prasad | Co-Founder | Leadership |
Mahalingam Koushik B | Co-Founder & CTO | Leadership |
| Co-Founder & CEO | Leadership | |
Mani K S | General Manager-manufacturing Operations | Leadership |
Shilpa Arun | Chief Financial Officer | Leadership |
Sai Vighnesh P | Head of Firmware Engineering | Leadership |
Angshuman Roy Choudhury | Chief Business Officer | Leadership |
Ajith Seran | Head of Hardware Engineering | Leadership |
Balu Chandy | Head Of Sales And Business Development | Leadership |
Rajath Kashyap R | Lead Motor Designer | Team |
Kowshigan S V | Project Manager | Team |
Suraj Kumar | Systems Engineer | Team |
Balugovindaraj Govindaraj | Accountant | Team |
Shyamala D | Mechanical Design Engineer | Team |
Saiprasad Arkal | CAE Engineer - Mechanical Design | Team |
Nuthan Sm | Electromagnetic Engineer | Team |
Nishad Pt | System Integration And Application Engineer | Team |
Somashekar Tc | Senior Project Manager | Team |
Archit Asthana | Senior Power Electronics Engineer | Team |
Chaitanya Paranjape | Lead Engineer - Thermal & CAE | Team |
5 more people are available in the full profile.
Complete people profiles for Chara
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Chara
Figures of Chara Technologies Private Limited, the primary company behind Chara, for FY 2025. Revenue was ₹1.04 Cr (-55% year on year). Net loss was -₹19.11 Cr (-1834% margin). EBITDA was -₹18.44 Cr (-1769% margin). Revenue has grown at a compounded annual rate of -14% over three years.
- ₹1.04 CrRevenue · FY 2025 · -55% YoY
- -₹19.11 CrNet loss · -1834% margin
- -₹18.44 CrEBITDA · -1769% margin
- ₹14.6 LakhPaid-up capital
- 47Employees (provident fund records)
- -14%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Chara Technologies Private Limited are on its company page.
Detailed financial statements for Chara
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Chara
4 dated milestones of Chara across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Chara is founded.
- Funding First funding round of $851K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $6.2M.
Competitors of Chara
Chara has 3 listed competitors in our database, 3 of them funded. They include TSUYO, Revoh and Physics Motors.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| tsuyo.co.in | 2020 | Delhi, India | $4.5M | 29 | BDLC motors and controllers for electric three-wheelers are developed. | |
| revoh.in | 2017 | Chennai, India | $637,096 | 24 | End-to-end hardware and software solutions for electric vehicles are provided. | |
| physicsmotors.com | 2017 | Bengaluru, India | $3.51M | 66 | Electric vehicle drive train systems are designed and manufactured. |
Detailed competitors of Chara
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Web traffic of Chara
The website of Chara (chara.co.in) receives about 8.5K visits a month.
- Monthly visits8.5K
▼ 45.1% vs previous month
Top companies in Electric & Green Mobility
3 companies that operate in the same segment as Chara (Electric & Green Mobility) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M | |||
Shared electric two-wheelers are rented via an online platform. | 2017 | Bengaluru, Karnataka, India | USD 187.54 M | USD 37.93 M | 401 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.02 M | USD 391.37 M | 1,917 |
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Related news about 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 CEO of Chara, as recorded in our data. They have also founded this 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 $850.74K, raised on Mar 2021.
Chara has 47 employees.
The primary company behind Chara, Chara Technologies Private Limited, reported revenue of ₹1.04 Cr for FY 2025, down 55% year on year.
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, Physics Motors and Revoh.
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.
Chara operates through Chara Technologies Private Limited.