TIEA Connectors Secures ₹22 Crore to Boost India’s Indigenous ESDM Capabilities

BANGALORE:
TIEA Connectors Private Limited, a Bangalore-based innovator specializing in the design, development, and manufacturing of customized industrial electronic and electrical interconnect solutions, has successfully raised ₹22 crore in its latest funding round. The round is led by Jamwant Ventures and Valour Capital, with participation from 8X Ventures and IvyCap.

Founded by Ajith Sasidharan (CEO) and Punit Shridhar Joshi (CTO), TIEA Connectors is led by a team with deep expertise in R&D, product innovation, and business development. Incubated at the Indian Institute of Science (IISc), the company continues to collaborate with IISc on cutting-edge developments. With multiple patents granted, TIEA remains committed to driving technological innovation and advancing India’s indigenous ESDM capabilities.

Driving Indigenous Innovation in Critical Sectors
TIEA Connectors’ products are essential components across multiple sectors, including electric vehicles (EV), aerospace, consumer electronics, and defense. Specializing in the design, development, and manufacturing of various types of interconnect solutions, the company has established a strong reputation for excellence and collaborates with industry leaders in the EV, aerospace, and defense sectors. Notably, TIEA is a recipient of the prestigious IDEX Challenge – DISC 12 for its development of advanced interconnects solutions for defense applications, further demonstrating its commitment to innovation and technological leadership.

Strategic Investment to Propel Growth
This strategic investment reinforces the investor funds commitment towards fostering domestic manufacturing, reducing reliance on imports, and supporting companies that deliver high-quality, cost-effective solutions across multiple industries.

“We are thrilled to partner with Jamwant Ventures, Valour Capital, 8X Ventures, and IvyCap as we scale our operations, drive innovation, and continue delivering world-class solutions to our customers,” said Ajith Sasidharan, CEO of TIEA Connectors

As India accelerates its push toward self-reliance in manufacturing, TIEA is playing a crucial role by producing high-quality components that have traditionally been imported. With a focus on performance, cost efficiency, and cutting-edge R&D—particularly in wireless power transfer and fire-retardant connectors—TIEA is positioned to become a key player in India’s industrial electronics sector.

Scaling Operations to Meet Growing Demand
“Our investment in TIEA aligns with our mission to support indigenous manufacturing and enhance India’s industrial ecosystem. The company’s demand is far exceeding supply, and this funding will enable them to scale operations, expand manufacturing capacity, and advance their R&D initiatives,” said Karan Goshar, Managing Partner at Valour Capital.

This investment is part of Valour Capital’s broader strategy of adding strategic assets to its portfolio—companies whose products can be leveraged across its wider network, creating synergies that drive efficiency and growth. As TIEA expands, it will not only meet domestic demand but also enhance India’s position in the global supply chain for advanced connector technologies.

“TIEA bridges the gap for creating specifically developed electronic and electrical connectors, enabling Indian manufacturers to focus on creation of their own innovative equipment/designs, with their supply chains within India. The need for a domestic player in this sector has been felt by the Indian defence sector for a long time. Jamwant is focussed on providing strategic capital to Indian Entrepreneurs in Defence and Aerospace sectors” said Cdr Navneet Kaushik, Managing Partner at Jamwant Ventures.

TIEA’s rapid growth trajectory is evident in its financial performance, growing 4x in FY2025. Currently operating at 90% manufacturing capacity, the additional capital will enable TIEA to scale its production to meet increasing demand from industries such as electric vehicles (EVs), drones, aerospace, and defence.