Bengaluru-based TIEA Connectors Personal Restricted, an organization specialising in industrial digital and electrical interconnect options, has raised ₹22 crore in its newest funding spherical. The funding, led by Jamwant Ventures and Valour Capital, additionally noticed participation from 8X Ventures and IvyCap.
The corporate plans to make use of the funds to scale operations, develop manufacturing capability, and advance its analysis and improvement efforts. Based by Ajith Sasidharan (CEO) and Punit Shridhar Joshi (CTO), TIEA Connectors is thought for its improvements within the electrical car (EV), aerospace, shopper electronics, and defence sectors.
TIEA has been incubated on the Indian Institute of Science (IISc) and has a number of patents in its portfolio. The corporate has made important strides in lowering India’s reliance on imported parts by producing high-quality connectors regionally.
Its merchandise, comparable to fire-retardant connectors and wi-fi energy switch techniques, are crucial in varied industries, together with defence and aerospace. TIEA can be a recipient of the IDEX Problem – DISC 12 for its superior interconnect options for defence purposes.
Karan Goshar, managing accomplice at Valour Capital, highlighted that the funding will allow TIEA to satisfy rising demand and scale operations. “The corporate’s demand is much exceeding provide, and this funding will allow them to develop manufacturing capability and advance their R&D initiatives,” he mentioned.
The funding additionally aligns with Jamwant Ventures’ concentrate on strengthening India’s defence and aerospace sectors. “TIEA bridges the hole for creating particularly developed digital and electrical connectors, enabling Indian producers to concentrate on their very own modern designs,” mentioned Cdr. Navneet Kaushik, managing accomplice at Jamwant Ventures.
TIEA’s development has been speedy, with its monetary efficiency rising 4x in FY2025. Working at 90% manufacturing capability, the extra funding will assist the corporate meet the rising demand from sectors like EVs, drones, and defence.
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