Gati Drives Raises Pre-Seed Round from Campus Fund to Revolutionize India's Motor Industry with Rare-Earth-Free Technology https://www.taxtmi.com/news?id=68326 Gati Drives raised pre seed funding from Campus Fund to advance its domestically sourced, rare earth free Slip Synchronous Permanent Magnet (SSPM) motors that deliver ~90% efficiency at 40-50% lower cost than premium BLDCs; funds will support product development, manufacturing scale up, certification, and OEM partnerships targeting sub 1kW appliances and the HVAC market with pilot production planned at 1,000-2,000 units per month. en-us Fri, 23 Jan 2026 12:31:04 +0530 Fri, 23 Jan 2026 12:31:04 +0530 TaxTMI RSS Generator Gati Drives Raises Pre-Seed Round from Campus Fund to Revolutionize India's Motor Industry with Rare-Earth-Free Technology https://www.taxtmi.com/news?id=68326 Gati Drives raised pre seed funding from Campus Fund to advance its domestically sourced, rare earth free Slip Synchronous Permanent Magnet (SSPM) motors that deliver ~90% efficiency at 40-50% lower cost than premium BLDCs; funds will support product development, manufacturing scale up, certification, and OEM partnerships targeting sub 1kW appliances and the HVAC market with pilot production planned at 1,000-2,000 units per month. News - Fri, 23 Jan 2026 12:31:04 +0530 https://www.taxtmi.com/news?id=68326