Funding · Professional & Local Services
Tiea Connectors raises ₹77 crore in Series A funding
By Startup Enthusiast ·
- Date
- Company
- Tiea Connectors
- What it does
- Connectivity systems maker for tech OEMs
- Kind
- Funding
- Amount
- ₹77 crore ($8 Mn)
- Stage
- Series A
- Based in
- Bangalore
- Founded
- 2020
What they do
Tiea Connectors manufactures high-performance connectors and precision components for critical technology applications
What happened
The company raised ₹77 crore led by IvyCap Ventures to expand manufacturing and global operations
Why it matters
Funds will strengthen R&D and automation as the firm operates near full capacity with recent growth
The details
- Tiea Connectors has raised ₹77 crore in its Series A funding round.
- The investment was led by IvyCap Ventures.
- Existing investors Jamwant Ventures and 8X Ventures participated in the round.
- Select high-net-worth angel investors also contributed to the funding.
- This follows a previous raise of ₹22 crore last year from Jamwant Ventures and Valour Capital.
- The company plans to use funds to expand manufacturing infrastructure and strengthen R&D.
- Tiea aims to accelerate automation and scale its operations globally.
- The firm currently operates near full capacity with significant recent growth.
The bigger picture
- The company serves sectors like electric mobility, aerospace, defense, and consumer electronics.
- It benefits from policy support including Make in India and increased ECMS outlay.
- Tiea competes with major players like Amphenol and TE Connectivity.
- The firm originated from the Indian Institute of Science collaboration.
About the business
- Tiea acts as an ODM partner for technology-focused OEMs requiring mission-critical connectivity.
- Products include high-performance connectors, precision contacts, and engineered components.
- The company offers integrated solutions and customized interconnect technologies.
- Manufacturing includes stamping and bending terminals alongside fire-retardant connectors.
- Wireless power transfer solutions are part of their product portfolio.
- Key sectors served are electric mobility, aerospace, defense, avionics, and energy storage.
- Consumer electronics represent another significant market segment for their products.
- The company operates from Bangalore with registered address in Karnataka.
- It incorporates technology developed through collaboration with IISc.
What happens next
- Expand manufacturing infrastructure to meet growing demand.
- Strengthen research and development capabilities for new products.
- Accelerate automation processes within production facilities.
- Scale operations to enter and grow in global markets.
The deal
- Type
- Series A
Investors
- IvyCap Ventures (lead) — Venture capital firm leading the Series A round.
- Jamwant Ventures (existing) — Previous investor who participated in this round.
- 8X Ventures (existing) — Previous investor who participated in this round.
Founders
- Ajith Sasidharan, Co-founder and CEO
- Punit Shridhar Joshi, Co-founder
Other articles talking about it
Same day
- Ola Electric gets approval for delivery e-scooter27 May 2026 · Launch
- Supreme Court quashes CCI penalty on Amazon India27 May 2026 · Policy · ₹202 Cr
- PhonePe leads UPI market with 47% share27 May 2026 · Results
- India's sovereign AI push lacks global breakthrough27 May 2026 · Analysis
- Kalories plans $1M seed round for expansion27 May 2026 · Funding · $1 Mn
- Slice reports first profitable year with net profit of ₹48.4 Cr27 May 2026 · Roundup