Chara Technologies is a Bengaluru-based deep-tech company building rare-earth-free electric powertrains for mobility and industrial applications. Its ferrite-assisted Synchronous Reluctance Motors and matching controllers use proprietary control algorithms to match the performance of rare-earth-dependent alternatives, delivering up to 10% improved range. Chara is the first company globally to certify reluctance motors for mobility, with 1,500+ motors on road, 2M+ km validated, 70+ customers, and 8 patents. Backed by IIMA Ventures, Kalaari, Exfinity, BigCapital, and Arkam.