Vimag Labs funding, investors and company details

Vimag Labs is an emerging Engineering startup from Bengaluru, working in the space of Develops magnet-free electric motors and control systems using a patented virtual magnet synchronous motor platform that generates magnetic fields electronically via advanced software and ele. Founded by Manish Seth, Dr Piyush Desai.

Company: Vimag Labs Private Limited
Sector: Engineering
Location: Bengaluru
Founders: Manish Seth, Dr Piyush Desai

Company overview

Vimag Labs develops magnet-free electric motors and control systems using a patented virtual magnet synchronous motor platform that generates magnetic fields electronically via advanced software and electronics. Operations focus on commercializing plug-and-play solutions for two- and three-wheeler EVs, HVAC, refrigeration, industrial machines, and defense applications, with real-world vehicle testing at TRL 7. The firm collaborates with OEMs through drop-in systems requiring no manufacturing changes, sells electronics stacks, and scales engineering plus production for cost-efficient, high-performance propulsion.

Funding rounds

Latest round (Seed): $ 5.00 Mn (₹43.19 Cr.), 2026-01-29. Investors: Accel, Chakra Growth Capital, ThinKuvate