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Defence electronics startup Sanlayan raises Rs 186 Cr in Series A

EntrackrEntrackr · 4m ago
Defence electronics startup Sanlayan raises Rs 186 Cr in Series A
Medial

News Article: Defence electronics startup Sanlayan raises Rs 186 Cr in Series A Sanlayan specializes in the design and development of advanced electronic systems, including radar, electronic warfare, and mission-critical avionics. Aerospace and defence startup Sanlayan Technologies has raised Rs 186 crore ($22 million) in its Series A funding round led by marquee investors Ashish Kacholia, Lashit Sanghvi, and Jungle Ventures, with participation from existing investors Gemba Capital, Singularity Ventures, and new investor Shastra VC. With the fresh funding, Sanlayan plans to increase its engineering headcount fivefold in the next six months. According to the startup, it is actively hiring domain experts, R&D scientists, retired armed forces veterans, and senior leadership from both public sector undertakings and private defence giants. Founded by former Zetwerk employees Abhijit Kothawale, Rohan Gala, and Rahul Vamsidhar, Sanlayan specializes in the design and development of advanced electronic systems, including radar, electronic warfare, and mission-critical avionics. The startup raised $4.4 million in its seed round in March last year from prominent institutional investors, including First Cheque, Gemba Capital, Singularity Ventures, and others. “We will continue to acquire capabilities both organically and inorganically. We are allocating capital for suo-moto development of critical technologies for CUAS and EW systems. In the last six months, we have strengthened Dexcel’s design and manufacturing capabilities and are now gearing up to execute large-scale indigenisation and upgrade programs,” said Rohan Gala, co-founder and CEO of Sanlayan. Sanlayan recently acquired a majority stake in 20-year-old embedded systems firm Dexcel Electronics to boost its capability to deliver advanced indigenous solutions for defense, aerospace, and space sectors. Dexcel Electronics has contributed to key programs like Jaguar, Sukhoi, LCA Tejas, and Chandrayaan-3. Sanlayan, leveraging its in-house R&D, is also developing AESA radar for India’s unmanned underwater vehicle (UUV) program. Disclaimer: Bareback Media has recently raised funding from a group of investors. Some of the investors may directly or indirectly be involved in a competing business or might be associated with other companies we might write about. This shall, however, not influence our reporting or coverage in any manner whatsoever.

Deep-tech startup VyomIC bags $1.6 Mn led by Speciale Invest

EntrackrEntrackr · 1m ago
Deep-tech startup VyomIC bags $1.6 Mn led by Speciale Invest
Medial

Deep-tech startup VyomIC has raised Rs 14 crore (about $1.6M) in a pre-seed funding round led by Speciale Invest along with participation from BYT Capital and DeVC. The proceeds will be used to advance the development of its LEO-based PNT (Positioning, Navigation, and Timing) payload, support its spaceborne demonstration mission, and scale team hiring and business development efforts, VyomIC said in a press release. Co-founded by Lokesh Kabdal, Vibhor Jain and Anurag Patil, VyomIC builds satellite constellations to deliver highly accurate, secure, and sovereign Positioning, Navigation, and Timing (PNT) services from Low Earth Orbit. It aims to power the next generation of autonomous systems, secure infrastructure, and mission-critical operations with centimeter-level positioning and nanosecond-level timing without relying on foreign-controlled navigation networks like GPS or GLONASS. VyomIC’s LEO-PNT system integrates onboard atomic clocks, encrypted signal layers, and AI-powered orbit determination algorithms to offer real-time, high-integrity navigation, especially in urban, contested, or GNSS-denied environments. Its signal architecture is designed to be jamming-resistant and spoofing-proof, making it ideal for defence, finance, aerospace, telecom, and beyond. The Chennai-based company’s technology aims to deliver spoofing-proof and jamming-resistant signals, overcoming the fragility of existing systems like GPS, GLONASS. With LEO satellites, the system offers high precision, faster convergence, stronger signal power, and better coverage in urban and signal contested environments. VyomIC plans to launch a full-fledged constellation to serve global users with secure, real-time navigation and timing services.

Apna.co expands into voice AI with BlueMachines.ai; sees fast enterprise AI adoption

EntrackrEntrackr · 14d ago
Apna.co expands into voice AI with BlueMachines.ai; sees fast enterprise AI adoption
Medial

Apna.co, India’s leading jobs and careers platform, has expanded into enterprise Voice AI with the launch of BlueMachines.ai, a new vertical focused on enabling businesses to deploy voice-based AI agents at scale. The platform is designed to deliver reliable, compliant, and multilingual AI solutions built on Apna’s existing AI infrastructure. With Blue Machines, enterprises can create and deploy production-ready AI voice agents in record time. Within just 45 days of launch, the platform signed over $6 million worth of enterprise contracts, marking one of the fastest adoption curves in India’s enterprise AI segment. It is already being implemented across sectors such as lending, mutual funds, insurance, healthcare, recruitment, and edtech, underscoring strong market demand for AI-driven automation. Nirmit Parikh, Founder and Group CEO of Apna, said, “Blue Machines marks India’s entry into the global enterprise Voice AI race. Our platform stands out for execution speed and reliability; deployments go live in under a week compared to the industry average of five to six weeks. It has achieved a 100% implementation success rate, which is rare in enterprise AI.” He added that the new vertical complements Apna’s core business, which grew 52% year-on-year in 2025. The platform delivers sub-300 millisecond latency, supports multiple Indian languages and dialects, and ensures enterprise-grade data governance for secure and seamless operations. Blue Machines follows a platform-plus-people model, combining advanced AI infrastructure with Forward-Deployed Engineers (FDEs) who help enterprises move quickly from prototype to production. “Every company is experimenting with AI, but very few are running it successfully in production,” said Kshitij Jain, COO of Blue Machines. “Our approach allows enterprises to go live in days, not months, with fully operational and compliant systems — proving that enterprise Voice AI can work at scale.”

Deeptech startup Planys raises $4 Mn

EntrackrEntrackr · 1y ago
Deeptech startup Planys raises $4 Mn
Medial

Deeptech startup Planys Technologies has raised $4 million in its ongoing pre-Series A round. The fresh investment tranche has come after a gap of more than two years for the Chennai-based firm. The board at Planys Technologies has passed a board resolution to issue 8,471 CCPS at an issue price of Rs 41,600 each to raise Rs 35.23 crore, its regulatory filing accessed from the Registrar of Companies shows. Himalaya Finance, Golden Birch Investments, Krishna Defence, Impact India Investments, SiriusOne Capital, and several individuals including Ashish Ramesh Kacholia, Shalini Chhabra, and Puneet Gupta participated during the new investment tranche. The company also approved its MSOP pool of 1,445 equity shares amounting to Rs 6 crore (as per the valuation report) in February, a separate filing shows. Established in 2015 by Tanuj Jhunjhunwala and Rakesh Sirikonda, Planys does underwater inspection by offering secure and adaptable solutions through marine robotics and analytics systems. The company has been working on over 350 projects with its 10 products across 5 countries. It also has more than 30 patents under its belt. Planys Technologies has raised around $8 million to date including a $1.6 million round led by Keiretsu Forum, LetsVenture in November 2021. According to the startup data intelligence platform TheKredibe, the company has been valued at around Rs 135 crore (post-money) in the new tranche. Unlike other startups, Planys hasn’t been growing at a rapid clip and this could be evident from its flat scale which grew to Rs 8.63 crore in FY23 as compared to Rs 7.41 crore in FY22. Moreover, the firm’s losses also spiked 3.2X to Rs 3.51 crore in the same period.

Homversity raises $1 Mn from Shuru-UP, IPV and others

EntrackrEntrackr · 11m ago
Homversity raises $1 Mn from Shuru-UP, IPV and others
Medial

Student housing networks platform Homversity has raised $1 million in a pre-Series A round from Shuru-Up, IPV (Inflection Point Ventures), Value Angels, Vinners Group, TAS, Pro-Growth Ventures, Growth 91, and other investors. The Ahmedabad-based company had previously raised $378K from Shuru-Up and more. The proceeds will be deployed towards establishing a premium, scalable student housing operator model, supporting growth initiatives to enhance the platform's reach, and improving its offerings for students across India, Homversity said in a press release. Founded in 2019 by Saurav Kumar Sinha, Homversity is a student housing network organising several verticals of India’s student housing industry. The platform focuses on organising major verticals of the industry, such as quality of stay, good food, and a safe, secure ecosystem for students with hassle-free processes and support systems like a 100% refund on cancellations. Homversity eliminates the hassles of food and living costs by providing a high standard of living and healthy meals, whether students come from rural areas or urban centres. By doing so, it ensures students can focus on education, networking, and personal growth without worrying about these basic necessities. According to market research, the student housing industry in India presents a Rs 58,000 crore opportunity, driven by over 35 million annual student enrollments across 51,000 universities, colleges, and institutes. Homversity states that its strengths lie in its extensive, in-depth database and deep insights into the challenges tenants and landlords face. This understanding allows the platform to address key pain points in the student housing market, offering tailored solutions that enhance the experience for all users.

Homversity raises $1 Mn from Shur-UP, IPV and others

EntrackrEntrackr · 11m ago
Homversity raises $1 Mn from Shur-UP, IPV and others
Medial

Student housing networks platform Homversity has raised $1 million in a pre-Series A round from Shuru-Up, IPV (Inflection Point Ventures), Value Angels, Vinners Group, TAS, Pro-Growth Ventures, Growth 91, and other investors. The Ahmedabad-based company had previously raised $378K from Shuru-Up and more. The proceeds will be deployed towards establishing a premium, scalable student housing operator model, supporting growth initiatives to enhance the platform's reach, and improving its offerings for students across India, Homversity said in a press release. Founded in 2019 by Saurav Kumar Sinha, Homversity is a student housing network organising several verticals of India’s student housing industry. The platform focuses on organising major verticals of the industry, such as quality of stay, good food, and a safe, secure ecosystem for students with hassle-free processes and support systems like a 100% refund on cancellations. Homversity eliminates the hassles of food and living costs by providing a high standard of living and healthy meals, whether students come from rural areas or urban centres. By doing so, it ensures students can focus on education, networking, and personal growth without worrying about these basic necessities. According to market research, the student housing industry in India presents a Rs 58,000 crore opportunity, driven by over 35 million annual student enrollments across 51,000 universities, colleges, and institutes. Homversity states that its strengths lie in its extensive, in-depth database and deep insights into the challenges tenants and landlords face. This understanding allows the platform to address key pain points in the student housing market, offering tailored solutions that enhance the experience for all users.

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