Hyderabad: Celestial E-mobility, a city-based startup working in developing electric tractors with longest battery life, has raised an initial funding of USD 200,000.
The sum was raised from angel investor Meka Sudhakar Reddy, a Singapore-based NRI, with over 18 years of expertise in logistics spacing.
"We are readying to roll out the first prototype in the next one month," founder-promoter of Celestial Siddhartha Durairajan said.
E-mobility invention is a zero-emission ecological tractor apt for horticultural or greenhouse works or moving goods within factories and vehicle to haul luggage in airports, he said.
Celestial has a capacity to build 100 E-mobility heavy vehicles, and can create more volumes if the sales of its product grows, the release added. (PTI)
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