Bengaluru-based consumer-electronics firm Cuzor Labs has raised ₹5 crore in a seed round from Ramesh Kannan, founder and managing director of Kaynes Technology India Ltd. The investment, reported as Kannan’s first personal angel check, will fund product R&D and category expansion as the startup pushes deeper into fast-charging and backup-power hardware.
Founders and Leadership
Cuzor Labs was founded by Sachin Dhruva Naik (Founder & CEO), Ashwani Rajan (Co-founder, Product & Engineering), and Saurabh Lakhera (Co-founder, Customer Experience & Sales). All three leaders play integral roles in steering product development, engineering excellence, and customer-centric execution at the Bengaluru-based hardware startup
Seed capital to back product development and manufacturing scale
The fresh capital will be used primarily to accelerate product innovation and broaden Cuzor’s roadmap across chargers and mini uninterruptible power supplies (UPS). The investor, Ramesh Kannan, is the MD of Kaynes Technology, a publicly listed electronics manufacturing services company, bringing EMS and hardware scale-up experience to the startup.
New product: Pulse 70W GaN charger lands with India-made credentials
Alongside the funding, Cuzor has launched the Pulse 70W, a dual-port GaN (gallium nitride) charger that is fully designed, engineered and manufactured in India. The Pulse supports USB PD 3.0, PPS and QC 3.0 protocols, offering intelligent power distribution (advertised as an active 45W + 25W split under dual load). It is priced at ₹2,499 and is available on e-commerce platforms including Amazon and Cuzor’s online store.
Tech claims and third-party context
The Pulse 70W uses Navitas GaN technology (GaNSense) and is listed with efficiency figures around 92% under nominal conditions. Navitas markets GaNSense Gen-4 ICs as high-frequency GaN solutions that reduce size and heat while improving efficiency, aligning with Cuzor’s claims.
Independent tech reviews in India have highlighted the Pulse’s compact build, LED status indicators, and strong thermal management. Reviewers noted that the charger distributes power as promised when multiple devices are connected.
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Background, incorporation and market positioning
Cuzor portrays itself as a “Made in India” hardware brand with its in-house R&D and manufacturing. Company registry data indicates that it was incorporated in late 2019, consistent with Cuzor’s marketing posture as a multi-year consumer electronics startup.
Reports on the seed round also highlighted Cuzor’s strength in the mini-UPS category, citing a self-reported 41% market share in India. This figure originates from company disclosures; while external market reports confirm a growing mini-UPS segment, no independent analyst report has verified that exact share.
What reviewers and the market say
The Pulse 70W received enthusiastic early hands-on tests and media reviews for its build quality, efficient cooling, and real-time LED charging indicators. Critics pointed out that the charger does not come with USB published cables, and that competition amongst GaN fast-chargers is intensifying. Both multinational brands and Indian brands are entering this space and sending very similar products into the marketplace.
Market research data suggests that the portable power and UPS market in India is expanding steadily, driven by rising digital connectivity, work-from-home adoption, and power reliability issues, giving startups like Cuzor room to grow.
Outlook
Cuzor’s ₹5 crore seed, backed by an industry veteran from Kaynes, is expected to help the startup:
- Expand its charger lineup with higher wattage and smarter features.
- Scale its UPS segment, potentially exploring solar or IoT-enabled backup solutions.
- Strengthen its after-sales network, building on its two-year doorstep warranty promise.
- Deepen retail penetration, both online and offline.
This investment highlights the increasing confidence in India’s hardware startups. Cuzor is presenting itself as a challenger to the mature and fast-evolving consumer electronics ecosystem through local design and indigenous manufacturing, while using reputable global suppliers and manufacturers.
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