# Nysha Mobility Tech Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nysha-mobility-tech-private

- Industry: Electronics
- Headquarters: India
- Website: www.nyshamobilitytech.com
- Total disclosed funding: $1M
- Latest round: Seed (Aug 19, 2022)
- Investors on record: 4

## About

Based in Karnataka, India, and founded in 2022, Nysha Mobility Tech Private Limited operates as an electronics firm that offers wires and cables for the EV and automotive sectors. The company was founded by Siddharth Jain. In April 2023, Nysha Mobility Tech Pvt Ltd raised seed funding from Touchstone Ventures, Panthera Peak Capital, and JCL Partners. The round was part of a larger round of INR 290 million in seed and venture debt funding.

Nysha Mobility Tech manufactures wires and cables for the automotive, telecom, defense, and industrial sectors. The company’s product line includes FLRY–B cables with thin wall PVC insulation, battery cables, charging gun cables, sensor cables, co-axial cables, thermocouple extensions, building wires, LAN cables, flexible rubber cables, telecommunication cables, and many more. As of 2023, the company had 40 customers, including Sun Mobility, Ola Electric, IGOWISE, and Virya Mobility.

The company plans to use the funds raised in April 2023 to optimize the manufacturing process and support the research and development of EV components.

## Funding rounds

- Seed, Aug 19, 2022, $1M — Kanoria Foundation, Touchstone Ventures, Panthera Peak Capital, JCL Partners

## Investors

- Kanoria Foundation — Seed
- Touchstone Ventures — Seed
- Panthera Peak Capital (https://capitalatlas.ai/funds/panthera-peak-capital) — Seed
- JCL Partners — Seed