Funding · Government, Defense & Space

Optimized Electrotech raises ₹35 crore from Exfinity Ventures

By Startup Enthusiast · 29 April 2026

Date: 29 April 2026
Company: Optimized Electrotech
What it does: Electro-optic systems for defence and space
Kind: Funding
Amount: ₹35 Cr
Stage: Series A
Founded: 2017
Sector: Government, Defense & Space

What they do

Optimized Electrotech builds electro-optic systems for defence and space applications

What happened

It raised ₹35 crore (~$3.7 million) in a round led by Exfinity Ventures, with existing investors Blume Ventures, Mela Ventures, and Venture Catalysts…

Why it matters

The company will use the funds to accelerate satellite development and expand into defence and homeland security applications

The details

Optimized Electrotech raised ₹35 crore (~$3.7 million) in a funding round.
The round was led by Exfinity Ventures.
Existing investors Blume Ventures, Mela Ventures, and Venture Catalysts Group Angel Fund also participated.
The company will use the funds to accelerate satellite development and expand toward constellation-scale infrastructure.
It aims to deepen its presence in defence and homeland security applications.
Optimized Electrotech has secured initial orders for a satellite platform, marking its formal entry into space-based sensing.
The satellite programme is designed with a pathway toward a constellation for persistent real-time imaging and surveillance.

The bigger picture

India's deeptech sector raised an all-time high $530 million across 87 deals in 2025, driven by AI-first, spacetech, and defence-linked startups.
This constituted about 4.5% of the total $11 billion raised by the Indian tech startup ecosystem in 2025.
Optimized Electrotech's revenue declined to about ₹3 crore in FY25 from ₹4.4 crore in FY24, while losses widened to around ₹8 crore from ₹5.7 crore.
The company has four patents in electro-optic systems and multiple wins under the iDEX framework.

About the business

Optimized Electrotech builds electro-optic systems for defence and space applications.
Its technologies are deployed with the Indian Army, Indian Navy, Bharat Dynamics Limited (BDL), Bharat Electronics Limited (BEL), India Optel Limited, and L&T Defence.
The company also has engagements with ISRO.
It is expanding from defence deployments into space-based sensing, aiming to build a fully integrated sovereign sensing stack for India.
The company holds four patents in electro-optic systems.
It has secured multiple wins under the iDEX framework (a government initiative to promote innovation in defence).

What happens next

Accelerate satellite development and expand toward constellation-scale infrastructure.
Deepen presence in defence and homeland security applications.
Build a fully integrated sovereign sensing stack for India.

The deal

Type: Series A

Investors

Exfinity Ventures (lead) — A venture capital firm investing in deep tech and defence startups.
Blume Ventures (participated) — An early-stage venture capital firm based in India.
Mela Ventures (participated) — A venture capital firm focused on deep tech and industrial startups.
Venture Catalysts Group Angel Fund (participated) — An angel investment platform that backs early-stage startups.

Founders

Sandeep Shah, Co-founder
Dharin Shah, Co-founder

About Optimized Electrotech

Product: AI-powered electro-optic imaging and surveillance systems for defence and space applications.
Customers: Government agencies, defence services, paramilitary forces, and related strategic users.
How it makes money: Sells defence and space imaging systems and related hardware/software solutions.
What sets it apart: Indigenous electro-optic systems with onboard analytics, patents, and iDEX wins.
Operations: Based in Ahmedabad and building systems for defence, border security, aerospace, and space surveillance.

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