Bengaluru-based industrial electronics startup TIEA Connectors has raised Rs 22 crore in a fresh funding round. The round was led by Jamwant Ventures and Valour Capital, with participation from 8X Ventures and IvyCap. This new funding will help the company scale up its manufacturing capacity, invest more in research and development, and meet rising demand across sectors such as electric vehicles (EVs), aerospace, drones, and defense.
About The Company
TIEA Connectors was founded in 2019 by Ajith Sasidharan, the current CEO, and Punit Shridhar Joshi, the CTO. The company focuses on designing and manufacturing highly customized electronic and electrical interconnect solutions. TIEA was incubated at the Indian Institute of Science (IISc) and still works closely with the institute on advanced research projects. With several patents already granted, the company is quickly becoming an important part of India’s Electronic System Design and Manufacturing (ESDM) ecosystem.
TIEA’s products are essential components used in fast-growing industries such as EVs, consumer electronics, defense, and aerospace. The company is especially known for its work on fire-retardant connectors and wireless power transfer systems. TIEA is currently operating at nearly 90% of its total manufacturing capacity, and demand for its products continues to grow rapidly.
Investor Confidence
Karan Goshar, Managing Partner at Valour Capital, stated that TIEA fits perfectly into their mission of supporting local manufacturing. He said the funding will help the startup expand operations, build more capacity, and push ahead with new research. The company’s work supports India’s goal of becoming more self-reliant in manufacturing critical components, especially those that are usually imported from abroad.
Commander Navneet Kaushik, Managing Partner at Jamwant Ventures, highlighted TIEA’s role in strengthening India’s defense industry. He said the startup fills a crucial gap by offering custom-made connectors that allow Indian manufacturers to design and produce equipment using a fully local supply chain. This is especially important for sectors like defense, which have long needed a dependable domestic supplier.
Vision For the Future
CEO Ajith Sasidharan expressed excitement about the new partnership with leading investors. He shared that the company is committed to delivering world-class interconnect solutions and supporting India’s growing demand for high-quality, homegrown manufacturing. With fresh capital and strong backing, TIEA is well-positioned to lead in innovation and production within the electronics and industrial manufacturing space.
This funding round is a significant milestone for TIEA as it moves forward to power India’s future in advanced electronics and manufacturing.
