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Funding · Professional & Local Services

Tiea Connectors raises ₹77 crore in Series A funding

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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
Sector
Professional & Local Services

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

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