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Transition VC leads $1.7 Mn round in Dynolt Technologies

EntrackrEntrackr · 8m ago
Transition VC leads $1.7 Mn round in Dynolt Technologies
Medial

Transition VC leads $1.7 Mn round in Dynolt Technologies Deeptech startup Dynolt Technologies has raised $1.7 million in its seed round led by Transition VC. Marquee angel investor Yashowardhan Shah also participated in the round. The proceeds will be used to expand its footprint in mobility through higher power chargers with wide bandgap semiconductors for fast charging stations. It also plans to enter new sectors like solar and hydrogen with its solutions for high frequency inverters and DC-DC converters application. Founded in 2022 by Rajesh Sura and Teja Kumar, Dynolt develops power electronics solutions for clean energy sectors such as e-mobility, energy storage, renewables, and hydrogen. In the e-mobility space, Dynolt claims to have deployed more than 14,000 power converters across the country which have collectively surpassed more than 30 million charging cycles. It enables efficient control of the power converters using embedded software and makes Dynolt’s products scalable and reusable across various domains expediting product development cycles. The Bengaluru-based startup’s clients include EMO Energy, Sandhar, Bounce, International Battery Company, Numeros Motors, Yulu, Yuma Energy, and River, which have adopted the company’s solutions at scale. The firm’s current product line includes power converters for on-board/off-board chargers for two- and three-wheeler EVs and swapping stations.

Sanlayan Technologies invests in Versabyte Data Systems

EntrackrEntrackr · 2d ago
Sanlayan Technologies invests in Versabyte Data Systems
Medial

Sanlayan Technologies invests in Versabyte Data Systems Bengaluru-based Sanlayan Technologies has made a strategic investment in Versabyte Data Systems, a company focused on defence power electronics. The move is part of Sanlayan’s plan to strengthen its defence electronics stack and reduce import dependence in the sector. Founded in 1987 by P.S. Reddy, Versabyte supplies power systems to organisations including HAL, BEL, BDL, DRDO, and the Indian Armed Forces. The company reported Rs 67 crore in revenue and Rs 16.5 crore in profit for FY25, with an order book of Rs 210 crore and a pipeline of over Rs 200 crore. Following the investment, Versabyte will continue to operate as an independent unit under the Sanlayan group while keeping its existing leadership and engineering teams. The collaboration will focus on joint product development, market expansion, and participation in defence tenders. Sanlayan had earlier acquired Dexcel Electronics, an embedded systems firm, and built a 70-member R&D team working on radar and electronic warfare systems. The company said these efforts aim to offer complete electronics solutions across the defence value chain. Sanlayan recently raised Rs 186 crore in a Series A funding round. The company said the investment aligns with its focus on strategic acquisitions, in-house research, and partnerships to advance indigenous radar and electronic warfare technologies.

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