Pro Plus

How a Bengaluru-based Startup May Have the Answers to Trump’s Worries

Chara Technologies has commercialized a highly efficient alternative to magnets made from rare earth minerals – whose exports were recently banned by China without proper license.

Shahkar AbidiBy Shahkar Abidi calendar 15 Apr 2025 Views icon8102 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
How a Bengaluru-based Startup May Have the Answers to Trump’s Worries

In the early 2010s, as India’s digital economy was still in its infancy, a small startup named Ezetap Mobile Solutions entered the payments scene with an ambitious idea. The Bengaluru-based company promised to turn any mobile phone—smart or basic—into a point-of-sale device using a compact card reader.

It was an ambitious move in a country still largely reliant on cash. Despite signing on major clients like Amazon and BigBasket, Ezetap’s path to stability was anything but smooth. Co-founder Bhaktha Keshavachar and his team were caught in the relentless cycle of building, pitching, and fundraising—challenges typical of an early-stage startup.

This is an Autocar Pro Plus article. Subscribe to continue reading.

RELATED ARTICLES
Pro Plus
From Rs 431 Crore Loss to Recovery: Inside TIL’s Comeback

auther Shahkar Abidi calendar12 Jan 2026

New ownership charts ambitious turnaround for TIL, India's oldest crane manufacturer.

Pro Plus
Why Toyota Is Building Its Carbon-Neutral Future Around India

auther Ketan Thakkar calendar08 Jan 2026

A look inside the engineering logic driving the world’s largest carmaker as it pursues multiple routes to decarbonisatio...

ZF’s Construction Equipment Strategy Reveals How India Has Moved Beyond the Auto Market

auther Shahkar Abidi calendar07 Jan 2026

ZF's leadership sees the construction equipment sector as an anomaly, a segment that, despite its current sluggishness, ...