Founded by four engineering students, Blaer Motors builds and develops technological solutions in the transportation and mobility spaceThe Chennai Angels (TCA), an angel investment group, has invested ₹2.61 crore in Blaer Motors, a National Institute of Technology-Trichy incubated start-up based in Chennai. Founded by four engineering students, Blaer Motors builds and develops technological solutions in the transportation and mobility space. We will be utilising this fund mainly for infrastructure development, strengthening of our Research and Development (R&D) team and technology development. This hybrid technology will help in both enhanced performance and fuel efficiency of vehicles. India being the world’s largest two and three wheeler market, this innovation will have a huge impact on the domestic market.”Chandran Krishnan, CEO of The Chennai Angels said, “The Chennai Angels is betting on Blaer Motors because we share their vision of sustainable transportation and mobility.

Source: The Hindu June 07, 2021 07:17 UTC