TIEA Connectors Raises ₹22 Crore to Enhance India’s ESDM Sector
Bengaluru-based TIEA Connectors Private Limited, a company specialising in industrial electronic and electrical interconnect solutions, has raised ₹22 crore in its latest funding round. The investment, led by Jamwant Ventures and Valour Capital, also saw participation from 8X Ventures and IvyCap. The company plans to use the funds to scale operations, expand manufacturing capacity, and advance its research and development efforts. Founded by Ajith Sasidharan (CEO) and Punit Shridhar Joshi (CTO), TIEA Connectors is known for its innovations in the electric vehicle (EV), aerospace, consumer electronics, and defence sectors. TIEA has been incubated at the Indian Institute of Science (IISc) and has several patents in its portfolio. The company has made significant strides in reducing India’s reliance on imported components by producing high-quality connectors locally. Its products, such as fire-retardant connectors and wireless power transfer systems, are critical in various industries, including defence and aerospace. TIEA is also a recipient of the IDEX Challenge – DISC 12 for its advanced interconnect solutions for defence applications. Karan Goshar, managing partner at Valour Capital, highlighted that the investment will enable TIEA to meet growing demand and scale operations. “The company’s demand is far exceeding supply, and this funding will enable them to expand manufacturing capacity and advance their R&D initiatives,” he said. The funding also aligns with Jamwant Ventures’ focus on strengthening India’s defence and aerospace sectors. “TIEA bridges the gap for creating specifically developed electronic and electrical connectors, enabling Indian manufacturers to focus on their own innovative designs,” said Cdr. Navneet Kaushik, managing partner at Jamwant Ventures. TIEA’s growth has been rapid, with its financial performance increasing 4x in FY2025. Operating at 90% manufacturing capacity, the additional funding will help the company meet the rising demand from sectors like EVs, drones, and defence.
TIEA’s growth has been rapid, with its financial performance increasing 4x in FY2025.
TIEA’s growth has been rapid, with its financial performance increasing 4x in FY2025.
["Bengaluru", "consumer electronics", "Funding", "idex"]
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["AI", "R", "Go", "API", "innovation", "funding", "programming_languages:R", "programming_languages:Go"]
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