Funding
EVangelise cash award · Mobility

Gyrodrive Machineries wins INR 10 lakh EVangelise award

The Indian motor developer builds switched reluctance propulsion and control systems.

By RoundOS Funding desk

Gyrodrive Machineries received INR 10 lakh in iCreate’s EVangelise ’22 awards, announced on December 22, 2022.

Gyrodrive designs magnet-free switched reluctance motors for vehicles, appliances and industrial equipment. Developing the motor and its controller together gives equipment manufacturers a propulsion system that avoids rare-earth magnets.

Funding history

EVangelise cash award · This round₹1M

Sources

  1. EVangelise 2022 winners and cash awardsicreate.org.in · Dec 22, 2022
  2. gyroindia.com

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