Bengaluru-based electric powertrain start-up Entuple E-Mobility has raised INR 130 million in a funding round led by Varanium Capital, which also participation from existing investors Blue Ashva Capital, alongside high-net-worth individuals and family offices, including Mohit Oswal, founder of Roop Automotives.

The start-up operates a 25,000 sqft manufacturing plant in Bengaluru, where it produces hub and mid-motor powertrains for two- and three-wheelers. Entuple develops its motors, controllers and firmware in-house without external licensing.

The funding will be used to advance the company's technology stack and expand into new vehicle segments. Key areas of focus include:

• High-Voltage Systems: Development of motors for four-wheelers, buses and trucks.
• Power Electronics: Research and development into new-generation intelligent motor controllers.
• Commercial Vehicles: Engineering powertrains specifically for the heavy-duty commercial segment.

By deepening its indigenous technology, Entuple aims to provide powertrain solutions for original equipment manufacturers (OEMs) in India and international markets.

Rakesh Mishra, Founder and CEO, Entuple E-Mobility, said, “This round enables us to double down on high-voltage powertrain platforms for four-wheelers, passenger vehicles, and commercial vehicles while continuing to strengthen our core IP in motors, power electronics, and controls. We are excited to partner with Varanium Capital and our existing investors as we scale from proven 2W/3W solutions to becoming a key technology enabler for the next generation of EV programs in India and beyond.”

Satya Bansal, Founder & CEO, Blue Ashva Capital, said, “We reinforce our confidence by further participating in the current fund raise. In a market often relying on assembled solutions, Entuple differentiates itself by engineering superior technology fully designed and developed in India. This is one of the best design and engineering teams in the motor and controller space in the country, which was largely dominated by imported or assembled components in India so far.”

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Tata Technologies has announced that its battery intelligence platform, WATTSync, is now equipped to meet India’s upcoming Battery Aadhaar requirements. The digital identity and traceability framework aligns with the EU Battery Regulation (EU BR 2023/1542).

The platform supports India’s mandated 21-character Battery Pack Aadhaar Number (BPAN), which allows manufacturers to manage identifiers across production, operations and recycling workflows.

WATTSync utilises a QR-code-enabled identity engine to provide access to both static and dynamic battery data. The system manages manufacturer identifiers, material composition, chemistry and battery carbon footprint (BCF).

To meet mandates for dynamic data, the platform integrates with Battery Management Systems (BMS) to track – State of Health (SoH), charge-discharge cycles, thermal events and operational parameters.

The architecture is cloud-ready and supports API-based data exchange with government-authorised central servers, ensuring traceability across the supply chain.

The platform includes Role-Based Access Control (RBAC) to provide structured data views for suppliers, operators, and regulators. Additionally, AI-driven analytics are used for predictive maintenance, including thermal anomaly detection and Remaining Useful Life (RUL) estimation.

For manufacturers under the ACC-PLI scheme, WATTSync provides provenance documentation to verify cell origin. The platform also tracks recovered materials and carbon footprints to support circular economy objectives and recycling chain mandates in both India and the EU.

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Chinese technology company Pony.ai has announced that the first mass-produced bZ4X Robotaxi, developed in partnership with Toyota, has rolled off the production line. This marks the transition to scaled production and commercial deployment for the collaboration.

The partners plan to produce over 1,000 bZ4X units in 2026. These vehicles will be introduced into commercial services across Tier 1 cities in China, supporting Pony.ai's objective to expand its fleet to over 3,000 vehicles by the end of the year.

The bZ4X Robotaxi is equipped with Pony.ai’s seventh-generation (Gen-7) autonomous driving system. Key features of the hardware include:

• Automotive-Grade Components: 100 percent of the core components meet automotive standards.
• Cost Efficiency: The bill of materials (BOM) cost for the autonomous driving kit has been reduced by 70 percent compared to the previous generation.
• User Features: The system includes Bluetooth unlocking, in-cabin voice interaction, and climate control, with software tuning to reduce motion sickness through refined acceleration and braking.

The vehicle was developed by Pony.ai, Toyota Motor China and GAC Toyota, with production managed by GAC Toyota. The assembly process integrates the Toyota Production System (TPS) and adheres to Toyota’s Quality, Durability and Reliability (QDR) principles. Dedicated systems for quality and safety management have been established to support large-scale operations.

The collaboration between Pony.ai and Toyota began in 2019. Since then, the companies have established a joint venture focused on Robotaxi design and manufacturing. This milestone follows the launch of other Gen-7 models that entered commercial service in November last year.

The partners stated that this production milestone demonstrates a pathway for autonomous technology to move from limited validation to mass production.

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IIT Madras Research Park (IITMRP) and Unicorn India Ventures have partnered to launch an INR 6 billion fund christened - IITM Unicorn Frontier Fund I - dedicated to deep tech startups. The initiative includes an additional INR 4 billion greenshoe option, bringing the total potential corpus to INR 10 billion.

Unicorn India Ventures will act as the fund manager, with the fund aimed to build a portfolio of over 25 companies involved in intellectual property (IP)-led and engineering-heavy sectors, including robotics, space technology, defence, semiconductors and medical technology.

The fund will employ a multi-stage investment approach based on Technology Readiness Levels (TRL):

• Early Stage (TRL 3–4): Initial investments of INR 80 million to INR 100 million to assist innovations through commercialisation hurdles.
• Early Mid-Stage (TRL 5–7): Follow-on capital to support the development of technologies with proven concepts.
• Early Late-Stage (TRL 7–9): Support for companies with proven product technology requiring scale-up and market penetration.

To manage the long gestation periods associated with deep tech, 60 percent of the corpus is allocated for the initial portfolio, while 40 percent is reserved for follow-on rounds to provide patient capital.

Dr Kamakoti Veezhinathan, Director of IIT Madras, said, “Science and technology will play a crucial role in the growth story and towards India becoming Viksit Bharat 2047, focusing on technology sovereignty, AI, semiconductors, defencetech and quantum technology. The need of the hour to reduce reliance on technology imports and strengthen indigenous capabilities. IIT Madras has been in forefront of this wave for over a decade and this Fund is the next logical step for us.”

Natarajan Malupillai, Group CEO of IITM Research Park, added, “India’s deep-tech ecosystem is at a pivotal moment, driven by supportive policies, sustained R&D investments, and a strong entrepreneurial aspiration among our youth. This fund will accelerate the scale-up of mission-driven, globally competitive startups while strengthening India’s culture of innovation & entrepreneurship. We are pleased to partner with Unicorn India Ventures to advance India’s deep-tech leadership—imagining, designing, and building in India for the world.”

Bhaskar Majumdar, Managing Partner of Unicorn India Ventures, said, “It is an honour to be selected by IITM & IITMRP, which have been the backbone of deep tech innovation in India. With our proven understanding of deep tech, we believe we have the resources and the network to support early-stage deep tech companies. As an active deep tech investor, we have already built a portfolio of nearly 30 companies and this new fund in partnership with IITMRP comes at the right time as we have met numerous innovative deep tech companies in the last 2 years.”

A portion of the portfolio will be sourced from the IIT Madras ecosystem, with the remainder selected from the broader Indian deep tech landscape. The fund manager will raise the corpus from IIT Madras alumni and a network of limited partners, including family offices, ultra-high-net-worth individuals and institutions.

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German tier 1 supplier ZF Friedrichshafen and the BMW Group have entered into a long-term supply agreement for passenger car drive systems. The contract, valued at several billion euros, extends until the late 2030s.

The agreement focuses on the supply and continued development of the 8-speed automatic transmission (8HP). The partners aim to support low-emission mobility and maintain technological flexibility during the industry transition.

A central component of the partnership is the technical evolution of the 8HP transmission kit to meet the requirements of electrified drives. The development will focus on increasing efficiency and performance for future vehicle concepts.

Mathias Miedreich, CEO of ZF, said, “Together with BMW, we are sending a strong signal for innovation, efficiency, and sustainability in an industry undergoing dynamic change. This agreement highlights the strategic importance of our 8-speed automatic transmission as a key technology for the transformation of drive systems.”

The duration of the contract provides both ZF and BMW with planning stability in a changing market. ZF aims to strengthen its position as a system supplier while reducing risks through close collaboration with the carmaker.

Sebastian Schmitt, Head of ZF's Electrified Drive Technologies division, explained, “The new agreement with BMW shows how important long-term planning horizons are for technological advancements. It creates clarity and stability for both companies and enables us to align the next generation of the 8HP specifically toward efficiency, performance, and long-term viability.”

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