Celestial E-mobility Raises $200,000 From Singapore Investor               

24 Jul, 2019 11:41 IST|Sakshi
Celestial E-mobility Raises $200,000 From Singapore Investor 

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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