Deep tech startup Chara Tech has ambitions to solve auto’s rare-earth crisis
Thanks to China’s supply curbs, the Bengaluru-based company has suddenly found its rare earth-free motors in the spotlight. But building a successful business is a different ballgame altogether.

Subscribe to read this story
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
$99 for one year
Not ready to subscribe? Sign up for a free account
We value our free readers. Read 100+ stories every year.
More in Business
You may also like
FRND wants to connect lonely Indians across small towns. Will it work?
The audio chat app turned profitable by connecting people from tier-2 and tier-3 India with users who speak the same vernacular language. But its aim to turn it into a sustainable business seems too ambitious.
India’s rare-earth relief is no cause for rest
Rather than celebrate Beijing’s lifting of restrictions on rare-earth exports, India's EV and green energy ecosystems must confront their China dependence.
Why Dhruv Rathee’s unremarkable AI platform may still succeed
Launched at the same time as ChatGPT Go, the YouTuber’s AI aggregation platform doesn’t bring anything new to the table. But it could leverage his online influence and India’s growing AI market.