🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
Former Zetwerk employees’ startup Sanlayan acquires Dexcel Electronics
Entrackr
·
7m ago
Medial
Sanlayan Technologies, a strategic electronics startup, has acquired a majority stake in Dexcel Electronics, a 20-year-old embedded systems company. This acquisition will strengthen Sanlayan’s ability to deliver advanced indigenous solutions that support national security and drive technological innovation in critical sectors such as defense, aerospace and space. Founded by former Zetwerk employees Abhijit Kothawale, Rohan Gala, and Rahul Vamsidhar, Sanlayan raised $4.4 million in its seed round last year from prominent institutional investors, including Gemba Capital, Singularity Ventures, and others. Dexcel has contributed to major defence and space projects, including Jaguar and Sukhoi aircraft upgrades and ISRO’s Chandrayaan-3 and Aditya-L1 missions. “Joining forces with Sanlayan represents a transformative step for Dexcel. This partnership will manifold our R&D investments, enabling us to deliver impactful solutions to our customers,” said Amit Kumar Sinha, CEO & Managing Director of Dexcel Electronics Designs. Rohan Gala, CEO of Sanlayan, said the investment in Dexcel will scale its core capabilities to address challenges in embedded electronic systems. Sanlayan and Dexcel will showcase their innovations at Aero India 2025 from February 10 to 14.
View Source
Related News
Defence electronics startup Sanlayan raises Rs 186 Cr in Series A
Entrackr
·
2m ago
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.
View Source
Landeed, Dream Aerospace get early-stage funding; Sanlayan buys Dexcel
VCCircle
·
7m ago
Medial
Landeed, a proptech startup, raised $5 million in a Series X funding round led by 10x Founders Fund, to enhance its AI capabilities. Founded in 2022, Landeed is a property title search platform. Dream Aerospace received Rs 3 crore from Inflection Point Ventures to develop its Atom Thruster propulsion system. Sanlayan Technologies acquired Dexcel Technologies for around $3 million, aiming to integrate expertise in RF technology with next-gen advancements in various systems.
View Source
Zetwerk Ropes In Former Royal Enfield Executive To Board
Inc42
·
1y ago
Medial
Zetwerk has added former Royal Enfield CEO Vinod Dasari to its board of directors. In the last financial year, the company earned INR 11,450 Cr in operating revenue and received a $20 Mn investment from Wheelhouse Ventures. It now holds a valuation of $2.8 Bn. Zetwerk aims to invest INR 1,000 Cr in its electronics business and has recently partnered with SMILE Electronics to establish new IT hardware factories.
View Source
Sanlayan secures Rs 186 Cr in Series A funding from Jungle Ventures, others
YourStory
·
2m ago
Medial
Sanlayan Technologies, an aerospace and defense startup in Bengaluru, secured Rs 186 crore in Series A funding led by Jungle Ventures, Ashish Kacholia, and Lashit Sanghvi. The company designs advanced electronics like radar and electronic warfare solutions. With this funding, Sanlayan aims to enhance its acquisition strategy, bolster in-house technology, and form international partnerships to contribute to national security. Founded by IIT and IIM graduates, the firm plans further advancements in counter-unmanned aerial systems and electronic warfare technologies.
View Source
Aviation veteran Rakesh Gangwal invests $20 mn in Zetwerk
VCCircle
·
1y ago
Medial
Rakesh Gangwal, co-founder of IndiGo and former CEO of US Airways Group, has invested $20 million in Bengaluru-based manufacturing startup Zetwerk. Gangwal made the investment through Wheelhouse Venture Capital in a flat round that values Zetwerk at nearly $2.8 billion. The funding comes after Zetwerk raised $120 million in a Series F round led by Avenir Growth Capital. Zetwerk has reported significant revenue growth, doubling its operating income to INR 11,449 crore ($1.5 billion) in the previous financial year.
View Source
Two electronics clusters worth Rs 1,112 crore to be set up in Tamil Nadu: Union minister Ashwini Vaishnaw
Economic Times
·
5m ago
Medial
Union Minister Ashwini Vaishnaw announced the establishment of two electronics manufacturing clusters worth Rs 1,112 crore in Tamil Nadu. Inaugurating Zetwerk Electronics' facility in Sriperumbudur, he highlighted the growth of the electronics sector, now India's second-largest export industry. The Zetwerk plant is part of a Rs 1,000 crore investment, expected to employ 1,500 people. The new clusters in Kancheepuram and Thiruvallur aim to bolster the state's electronics manufacturing capacity.
View Source
Zetwerk Bags Order From Indian Oil To Set Up 1,400 EV Chargers
Inc42
·
1y ago
Medial
Contract manufacturing unicorn Zetwerk has received an order from the Indian Oil Corporation (IOC) to set up over 1,400 electric vehicle (EV) chargers at IOC's petrol stations across India. Zetwerk will deploy chargers with capacities of 50-60 kW and 100-120 kW, capable of charging two vehicles simultaneously. This deal is seen as a significant win for Zetwerk as it expands in the renewable energy sector after venturing into IT hardware and EV component manufacturing last year. The startup has also allocated INR 1,000 crore ($122 million) to invest in electronics manufacturing.
View Source
Ashish Kacholia, Jungle Ventures lead funding in Sanlayan; Roomstory bags pre-seed cheque
VCCircle
·
2m ago
Medial
Sanlayan Technologies, a defence electronics startup, secured Rs 186 crore in Series A funding led by Ashish Kacholia, Jungle Ventures, and others to expand its engineering and manufacturing capabilities. Founded in 2023, it specializes in advanced electronic systems design. Additionally, Roomstory.ai, an AI-driven interior design platform, raised Rs 3 crore in pre-seed funding from Rukam Sitara Fund to enhance AI capabilities, launch applications, and build a user community for interior design fans.
View Source
Indigo cofounder Rakesh Gangwal invests $20 million in Zetwerk via Wheelhouse Venture Capital
Economic Times
·
1y ago
Medial
Bangalore-based contract manufacturing startup Zetwerk has secured $20 million in fresh investments from venture debt and private equity firm Wheelhouse Venture Capital, with funding coming from Indigo Airlines' co-founder Rakesh Gangwal. Zetwerk is a managed marketplace that connects industrial and consumer enterprises with a global network of manufacturers. The company plans to expand its presence in the consumer electronics sector and invest over INR 1,000 crore ($134 million) in the next three years. Zetwerk aims to enter the electric vehicle components manufacturing industry and is planning to establish three new manufacturing facilities in south India.
View Source
Zetwerk appoints three industry veterans to drive growth in electronics manufacturing
Economic Times
·
7m ago
Medial
Zetwerk has appointed three industry veterans to enhance its electronics manufacturing division: Bharat Chopra for Noida operations, Kannan Krishnan for South operations, and Santhoshkumar Ramakrishnan for sales. These hires aim to boost growth and service capabilities. Zetwerk has invested heavily in its EMS business, acquiring facilities in Noida and committing Rs 1,000 crore for expansion. The efforts are expected to increase production capacity and diversify electronics product offerings, including smart devices and automotive components.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in