Indian defence and aerospace company, Sanlayan Technologies, has raised 186 crore rupees (USD 22.4 million) in a series A funding round. The company said that the funding enables it to allocate capital for developing critical technologies for counter-drone and electronic warfare systems.
The funding round was led by Ashish Kacholia, Lashit Sanghvi and Jungle Ventures, with participation from existing investors Gemba Capital and Singularity Ventures, and new investor Shastra VC.
This latest announcement follows seed funding of approximately USD 4 million in March 2024. Sanlayan acquired Dexcel Electronics Designs in January 2025.
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