Viridian Ingni Propulsion is a Chennai-based deep-tech propulsion company, incubated at IIT Madras Research Park, that develops complete electric propulsion systems - motor, controller and firmware - entirely in-house. It builds rare-earth-free, magnet-free motors (ferrite PMa-SynRM) for e-rickshaws, two-wheelers, HVAC, compressors and solar pumps, alongside rare-earth PMSM motors for power-dense applications such as drones, cobots, AGVs and marine systems. Founded in 2024, the startup serves automotive EV, drone, robotics and industrial-machinery OEMs with localized R&D and manufacturing under the Make in India program, plus aftermarket support for its motors and controllers.
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Oct 29, 2026
Latest raise
Funding activity · 1 round
Oct 29, 2026
INR 14.7M
Pre-Seed
Led by Inflection Point Ventures
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