TIEA Connectors raises Rs 22 Cr co-led by Jamwant Ventures and Valour Capital

Entrackr · 14h

TIEA Connectors, a Bengaluru-based company specializing in the design, development, and manufacturing of customized industrial electronic and electrical interconnect solutions, has raised Rs 22 crore ($2.57 million) in its latest funding round. The round was led by Jamwant Ventures and Valour Capital, with participation from 8X Ventures and IvyCap. The Dharwad-based company had previously raised $1.43 million from Plantain Tree Ventures. The proceeds will be used to scale its operations, drive innovation, and continue delivering solutions to its customers, TIEA Connectors said in a press release. Co-founded in 2019 by Ajith Sasidharan and Punit Shridhar Joshi, TIEA Connectors is incubated at the Indian Institute of Science (IISc) and continues to collaborate with IISc on cutting-edge developments. With multiple patents granted, it remains committed to driving technological innovation and advancing India's indigenous ESDM capabilities. According to TIEA Connectors, its 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 claims to have collaborated with industry leaders in the EV, aerospace, and defense sectors. TIEA claims to have grown 4x in FY25 and is currently operating at 90% manufacturing capacity. TIEA plays a crucial role by producing high-quality components that have traditionally been imported, with a focus on performance, cost efficiency, and R&D—particularly in wireless power transfer and fire-retardant connectors.