What it sells
VIP Propulsion makes energy-efficient, rare-earth-free and magnet-free motors and controllers (e.g. E-Rickshaw L3 motor) for OEMs, with aftermarket support.
Funding history and coverage
| Round date | Stage | Amount | Investors | Source |
|---|---|---|---|---|
| 2026-10-29 | Pre-seed | ₹1.47 Cr | — | news.google.com |
| 2026-10-29 | Pre-seed | ₹1.47 Cr | Inflection Point Ventures (lead) | news.google.com |
Profiles summarize public reporting and company websites. Business-model notes are MaxBC's reading of that material, not confirmed facts; unknowns are left blank rather than guessed. Updated 2026-10-29.