LatestStartup And Fundraising 29 October 2026
Viridian Ingni Propulsion Secures ₹1.47 Cr Pre‑Seed Funding
Viridian Ingni Propulsion, a deep‑tech startup focused on electric‑vehicle propulsion, closed a pre‑seed round of ₹1.47 crore led by Inflection Point Ventures. The company also received a ₹53.75 lakh grant from Tamil Nadu’s SIPCOT, bolstering its effort to develop advanced propulsion systems and strengthen India’s EV ecosystem.
Viridian Ingni Propulsion has raised ₹1.47 crore in a pre‑seed round led by Inflection Point Ventures. The startup also secured a ₹53.75 lakh grant from Tamil Nadu’s SIPCOT.
- Funding aims to accelerate development of next‑gen EV propulsion tech.
- Grant supports local manufacturing and research initiatives.
- Capital will help scale prototypes and attract further investors.
Read the full story here.
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