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Gati Drives Raises Pre-Seed Round from Campus Fund to Revolutionize India's Motor Industry with Rare-Earth-Free Technology
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....ati Drives Raises Pre-Seed Round from Campus Fund to Revolutionize India's Motor Industry with Rare-Earth-Free Technology<BR>PTI News<BR>Dated:- 23-1-2026<BR>PTI<BR>Bangalore, Karnataka, India – Business Wire India Gati Drives, a deep-tech startup developing next-generation electric motors that deliver BLDC-level efficiency at a fraction of the cost without rare-earth materials, has raised a pre....
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....-seed round from Campus Fund. The investment will accelerate the company's product development, scale manufacturing capabilities, and establish partnerships with leading HVAC and appliance OEMs across India. Co-founded by Suyash Mishra (B.Tech Electrical Engineering, IITRAM, 2022) and Gajendra Jain, Gati Drives addresses the critical challenge of India's dependence on imported, expensive BLDC mo....
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....tors while over 90% of appliances still rely on inefficient 100-year-old induction motor technology. The founding duo brings deep expertise as former founding engineers at Naxatra Labs and Motorama, where they led the design of rare-earth-free BLDC motors for e-mobility applications. "Gati Drives represents a breakthrough in a traditionally stagnant industry that has seen little innovation in de....
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....cades," said Richa Bajpai, Founder & CEO of Campus Fund. "We're backing a founding team with rare technical expertise in motor R&D, addressing a massive market opportunity at the intersection of energy efficiency, supply chain independence, and cost innovation. Their SSPM technology offers the efficiency of BLDC motors at near-induction-motor pricing, a combination that no one else has achieved." ....
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....Gati's proprietary Slip Synchronous Permanent Magnet (SSPM) motors achieve approximately 90% efficiency, matching premium BLDC motors, while being 40-50% cheaper and 100% locally sourced. The technology uses ferrite magnets manufactured in India and indigenous RISC-V microcontrollers, eliminating dependence on Chinese rare-earth materials and imported components. Unlike traditional BLDC motors tha....
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....t require full replacement when damaged, SSPM motors are designed for component-level repairs, making them ideal for cost-sensitive Indian markets. India's sub-1kW motor market presents a significant opportunity, valued at $4.7 billion and growing at approximately 8.5% CAGR. The HVAC market alone is projected to reach $29.4 billion by 2030, driven by extreme weather conditions, rising middle-cla....
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....ss prosperity, and government mandates for energy-efficient appliances. With China restricting exports of rare-earth materials essential for high-performance motors—affecting 90% of global supply, Indian manufacturers urgently need domestic alternatives. "Electric motors have powered the world for over a century, yet manufacturers still face an impossible choice: expensive imported BLDC motors....
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.... or inefficient induction motors that waste 30-50% of electricity as heat," said Suyash Mishra, Co-founder and CEO of Gati Drives. "Our SSPM technology breaks this tradeoff. Campus Fund's backing validates our vision of making India a global hub for advanced motor technology while delivering real energy savings to millions of households." Gati Drives has already generated strong interest from indu....
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....stry leaders, with pilot programs underway with prominent companies in India. The investment will primarily support manufacturing scale-up, team expansion, and completing certifications required for commercial deployment. The company aims to achieve pilot production of 1,000-2,000 units per month by early 2026, with plans to expand into fans, pumps, and eventually EV motors. Gati Drives joins Ca....
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....mpus Fund's growing portfolio of student-led ventures transforming India's industrial landscape, driven by exceptional founders building deep-tech solutions that address fundamental market gaps with innovative, locally-sourced technology. (Disclaimer: The above press release comes to you under an arrangement with Business Wire India and PTI takes no editorial responsibility for the same.). PTI P....
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....WR PWR<BR> News - Press release - PIB....