Attron Automotive

Attron Automotive

Platform offering powertrains for multiple categories of vehicles

Founded

2021

Headquarters

Pune

Status

Seed

Company Details

Attron Automotive is a deep-tech company specializing in the development of precision-engineered electric propulsion systems. The company focuses on creating high-efficiency motors and intelligent controllers that reduce energy loss and dependency on imported components. By leveraging proprietary motor topology and advanced control algorithms, the company aims to optimize performance for the electric mobility, industrial automation, and aerospace sectors.

Core Products and Services

  • Intelligent Electric Motors: The company manufactures advanced motors, including IP67-rated Permanent Magnet Synchronous Motors (PMSM) and other proprietary topologies that offer high efficiency (claiming over 97%) and reduced torque ripple.

  • Motor Controllers: It provides smart motor controllers featuring adaptive algorithms and real-time monitoring capabilities, designed for seamless integration and precise control of electric drivetrains.

  • Integrated Drivetrain Solutions: The company offers complete powertrain solutions that combine motors and controllers, optimized for specific vehicle applications such as electric two-wheelers, three-wheelers, load carriers, and tractors.

  • Custom Engineering Services: It provides application-specific engineering support, including powertrain tuning, integration assistance, and the development of custom motor-controller setups for specialized use cases like agri-robotics and industrial machinery.

  • Prototyping Services: The company operates a facility to rapidly produce samples and prototypes for clients, helping to accelerate their product development cycles and reduce time-to-market.

Business Model and Revenue Streams

  • B2B OEM Sales: The primary revenue stream is the direct sale of motors and controllers to Original Equipment Manufacturers (OEMs) in the automotive sector, specifically targeting makers of 2-wheelers, 3-wheelers, and commercial load carriers.

  • Industrial and Specialized Applications: The company generates revenue by supplying propulsion systems for non-automotive applications, including agricultural machinery, defense equipment, aviation, and industrial automation robots.

  • Collaborative Development: The business model involves partnering with other component manufacturers (battery, BMS, DC-DC converters) to offer comprehensive bundled solutions, creating value through integrated system sales.

  • Scalable Manufacturing: The company leverages its production facility to fulfill volume orders, aiming to capture market share by offering a domestic alternative to imported Chinese powertrains, thereby monetizing the "Make in India" demand.

  • Aftermarket and Retrofitting: While primarily OEM-focused, the company's technology is also applicable for retrofitting existing vehicles, presenting a potential auxiliary revenue channel through conversion kits or replacement components.

Key People

Mosam Ugemuge

Shubham Pode

Mohit Borkar

Key Metrics

Total Equity Funding

$575K

No. of Funding Rounds

1

Latest Funding Round

$575K, Seed

as of June 1, 2023

Post Money Valuation

$2.23Million

as of June 1, 2023

Funding Multiple

-

as of N/A

Investors

Anicut Capital

and 3 more

Employee Count

19

Similar Companies

Aditya Avartan Technologies

Exit Details

No Exits

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
June 1, 2023Seed$575K-$12.4K-Anicut Capital, Pontaq, Venture Catalysts, Nirankar Advisor

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