Bengaluru-based electrical components manufacturer TIEA Connectors has raised Rs 77 crore ($8 million) in a Series A funding round led by IvyCap Ventures. The round also saw participation from existing investors Jamwant Ventures and 8X Ventures, alongside several undisclosed high-net-worth individuals. The Bengaluru-based startup said the funds will be used to expand its manufacturing infrastructure, strengthen research and product engineering capabilities, and accelerate automation and technology integration. Part of the investment will also support expansion into sectors including electric mobility, aerospace, defence, avionics and industrial applications, both in India and overseas.

“As industries increasingly transition towards electrification, intelligent systems, and high-reliability applications, we believe TIEA is well-positioned to emerge as a globally competitive interconnection technology company from India,” Sasidharan said.

About TIEA CONNECTORS

TIEA Connectors has been Founded in 2020 by Ajith Sasidharan and Punit Shridhar Joshi. TIEA Connectors develops electrical connectors and interconnect systems used in electric vehicles, energy storage systems, consumer electronics, aerospace and defence applications. Its product portfolio includes high-performance connectors, precision contacts, stamping and bending terminals, and other connectivity solutions designed for mission-critical systems.