Viridian Ingni Propulsion raises ₹1.47 crore pre-seed
Inflection Point Ventures leads financing to move electric propulsion systems into pilot production.
Viridian Ingni Propulsion has raised ₹1.47 crore in a pre-seed round led by Inflection Point Ventures. The Chennai company announced the financing on 29 October 2026.
The capital will support a pilot production line, manufacturing tooling, certification, firmware validation and engineering hires. Viridian develops motors, controllers and firmware for electric vehicles, drones, robotics and industrial machinery.
Founded by Sriram G in 2024 and incubated at IIT Madras Research Park, the company is moving from validated prototypes toward initial customer deliveries. It reports letters of intent for 350 motors from two prospective customers.
Use of funds
Build pilot manufacturing line
Complete certification and firmware validation
Hire engineers and fund initial deliveries