Cofounder & CEO at @naxatralabs | Building motors tech for EVs and industrial machines | India🇮🇳 | [email protected]
Ahmedabad
Joined May 2020
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When we say we developed tech from concept stage!
We just launched Naxatra Drone Propulsion Systems.
We started as a drone company in 2020. Spent years building motors for scooters, tractors, cleaning equipment, power tools. Learned everything the hard way.
Now we’re back where we started, just a lot better equipped.
Also: new website is live. naxatralabs.com
Tech wins🚀
Q2 FY27 was a very strong quarter for us at @atherenergy. We’re seeing demand grow at a pace that requires us to significantly step up our manufacturing capacity. Pre-orders reached a record 1.80 lakh during the quarter, more than doubling year-on-year, with growth broad-based across regions.
To meet this demand, we’re adding 2.25 lakh units of annual production capacity across our Hosur and AURIC facilities. This will take our total installed capacity to ~4.9L units by Q3 FY27 and to 11.4 lakh units by Q2 FY28.
We also made meaningful progress on our financial performance, driven by higher volumes, tighter cost control and improving unit economics. We recorded our second consecutive quarter of positive EBITDA, with strong topline growth despite rising commodity prices and supply chain disruptions:
• Total income: ₹1,527 crore 🔼 62% YoY
• EBITDA margin: 4.9%, improving ~1,450 bps YoY
• PAT: ₹1.26 crore
• Volumes: 93,211 units 🔼 42% YoY
Thank you to our customers for their continued trust, and to our teams and partners for their efforts!
Crazy stuff
Around 3 million Chinese private companies face a generational handover in the next 10 years, and it‘s the founders' kids who grew up in the digital age we should probably be watching.
Today, we visited a mattress factory in Foshan where the son is taking over, and he's gone all in on the brand:
> built an entire museum of sleep explaining the production process
> added AI point-cloud scans to match mattresses to body types
> or my favourite: wrote a song about the company's history and sang it himself (yes, this was pre-AI slop; last video).
Reminds me of many other new owners on TikTok rethinking online marketing.
Next to highly automated consumer lines, they sell handmade mattresses filled with white horsetail hair that go for up to ¥600,000 (~€80k, second pic).
Horsehair in mattresses is an old European high-end tradition. Tail hair is longer and thicker than mane, so it springs back better and lasts for decades. White hair is finer and rarer and so in part it’s about selling the idea of luxury that some people care about.
Abhilash retweeted
Am excited about this thesis. @opsstudiovc is looking to back folks building machines in import-dependent categories in India as the first-check in/ as part of pre-seed rounds 🙌🏾
Abhilash retweeted
If India wants to grow, Machine Making has to be made the most lucrative engineering branch in colleges. Indian industries need to come forward and invest in machine makers and robotics.
China announces export curbs on key machinery used in India's infrastructure development
economictimes.indiatimes.com…
We must not get into thinking that only defense products will get export controlled. Wars are not just fought in battlefield. These are starting examples how economic warfare is going to act out. Stop the resources and delay the other country. Those who have resources will grow out with compounding effects and other one will play the linear catchup game.
So, we must must build our own tech, promote our own tech and buy our own tech. Until we push local buying, subsidizing R&D and production won't bear significant fruit.
China imposes export controls on tunnel-boring machines sought by India, citing ‘national security’
thehindu.com/news/internatio…
It has begun
China imposes export controls on tunnel-boring machines sought by India, citing ‘national security’
thehindu.com/news/internatio…
Abhilash retweeted
Back with another edition of bothering @Nithin0dha with questions.
While we speak about why we do what we do at @Rainmatterin and @RainmatterOrg internally very often, felt we should share our thoughts with everyone.
And if you have questions for Nithin, do send them. ♥️
Come and build with us.
We just launched Naxatra Drone Propulsion Systems.
We started as a drone company in 2020. Spent years building motors for scooters, tractors, cleaning equipment, power tools. Learned everything the hard way.
Now we’re back where we started, just a lot better equipped.
Also: new website is live. naxatralabs.com
Abhilash retweeted
More background: I arrived in North America at 17 w $2000, a backpack & a suitcase full of books. Paid my own way thru college. Dropped out of Stanford Eng/Phys grad school w $110k in college debt. Created Internet startup w bro & Greg Khouri (love bro & loved Greg, may he RIP)
Abhilash retweeted
A few years ago, we all sat in a conference room of our office, where @PritnRandom explained exactly how this will play out. And it has.
@NaxatraLabs is an investment not just for EV, but to localise design, manufacturing and skills.
Sure, Naxatra alone cannot change this. But I think the next decade of investments in innovation has to be about local innovation and alternatives for critical supply chains that we cannot bring online when we most need them.
We have to get started now.
Good story. China is squeezing India's electric vehicle demand for everything it has got. India is importing everything and just can't seem to get out of the squeeze. @MorningContext
Did you notice this beast in video?
We just launched Naxatra Drone Propulsion Systems.
We started as a drone company in 2020. Spent years building motors for scooters, tractors, cleaning equipment, power tools. Learned everything the hard way.
Now we’re back where we started, just a lot better equipped.
Also: new website is live. naxatralabs.com
Beauty!
We just launched Naxatra Drone Propulsion Systems.
We started as a drone company in 2020. Spent years building motors for scooters, tractors, cleaning equipment, power tools. Learned everything the hard way.
Now we’re back where we started, just a lot better equipped.
Also: new website is live. naxatralabs.com
We're hiring supply chain lead, designers, electronics engineers, testing and integration engineers in Ahmedabad and sales leads in Gurugram office. DM. Get to see result of your work directly in customer hands and sometimes in autonomous hands.
We just launched Naxatra Drone Propulsion Systems.
We started as a drone company in 2020. Spent years building motors for scooters, tractors, cleaning equipment, power tools. Learned everything the hard way.
Now we’re back where we started, just a lot better equipped.
Also: new website is live. naxatralabs.com
Did you see our launch video ;)
We just launched Naxatra Drone Propulsion Systems.
We started as a drone company in 2020. Spent years building motors for scooters, tractors, cleaning equipment, power tools. Learned everything the hard way.
Now we’re back where we started, just a lot better equipped.
Also: new website is live. naxatralabs.com
We just launched Naxatra Drone Propulsion Systems.
We started as a drone company in 2020. Spent years building motors for scooters, tractors, cleaning equipment, power tools. Learned everything the hard way.
Now we’re back where we started, just a lot better equipped.
Also: new website is live. naxatralabs.com