The Week that Was: Indian Startup News Overview (12th May - 18th May)


Funding News: TIEA Connectors Raises Rs 22 Crore in Funding Led by Jamwant Ventures

Startup: TIEA Connectors

Founder: Ajith Sasidharan

About us: TIEA Connectors Private Limited is a team of technocrats specializing in the design, development, and manufacturing of advanced connectors and contact solutions. The company plays a decisive role in driving its customers’ success by delivering innovative, high-quality products tailored to their specific needs.

Its research and development efforts focus on fundamental theories, connection technology, evaluation methods, and the use of specialized materials and processes. As connectors and contact solutions form a critical part of wire ESDM devices, TIEA’s R&D spans a wide range of products. This includes low-voltage connectors engineered for size reduction and high vibration resistance, as well as high-voltage connectors designed for electric vehicles (EVs), electronic components, mechanical parts, and equipment.

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Founded Year: 2019

Office: Kanakapura, Karnataka

Sector: Electrical Equipment Manufacturing

Funding Round: Equity Funding

Investors: Jamwant Ventures, Valour Capital

Industrial electronics startup TIEA Connectors Private Limited from Bengaluru has raised Rs 22 crore in a funding round led by Jamwant Ventures and Valour Capital, with participation from 8X Ventures and IvyCap as well.

The funding will be used to scale up manufacturing capacity, speed up research and development, and cater to the rising demand from electric vehicles, aerospace, drones, and defense.

Website: tieaconnectors.com