TIEA Connectors Secures Fresh Capital for Growth

Bengaluru-based electrical components manufacturer TIEA Connectors has successfully raised Rs 77 crore ($8 million) in a Series A funding round led by IvyCap Ventures. The funding round also witnessed participation from existing investors Jamwant Ventures and 8X Ventures, along with several undisclosed high-net-worth individuals (HNIs).

The latest investment marks a significant milestone for the startup as it aims to strengthen its position in India’s rapidly growing electrical and electronics manufacturing ecosystem.

Funding to Drive Manufacturing Expansion and Innovation

TIEA Connectors plans to utilize the newly raised capital to expand its manufacturing infrastructure, enhance research and product engineering capabilities, and accelerate automation and technology integration across its operations.

The company is also looking to increase its presence in high-growth sectors such as electric mobility, aerospace, defence, avionics, and industrial applications. A portion of the funding will support both domestic and international expansion efforts, enabling the startup to cater to a broader customer base.

Building Advanced Connectivity Solutions

Founded in 2020 by Ajith Punnanikkattu Sasidharan and Punit Shridhar Joshi, TIEA Connectors specializes in developing electrical connectors and interconnect systems used across multiple industries. Its products play a crucial role in electric vehicles (EVs), energy storage systems, consumer electronics, aerospace, and defence applications.

The company offers a diverse portfolio that includes high-performance connectors, precision contacts, stamping and bending terminals, and advanced connectivity solutions designed for mission-critical environments where reliability and performance are essential.

Riding the Wave of Electrification

As industries worldwide increasingly adopt electrification, automation, and intelligent technologies, the demand for high-quality interconnection solutions continues to rise.

Commenting on the funding, Co-founder Ajith Sasidharan stated that TIEA Connectors is strategically positioned to become a globally competitive interconnection technology company originating from India. The company aims to capitalize on emerging opportunities driven by electric mobility, renewable energy systems, and next-generation industrial technologies.

Strong Investor Confidence

This latest Series A round follows TIEA Connectors’ previous funding raise of Rs 22 crore in 2025. That round was led by Jamwant Ventures and Valour Capital, with participation from 8X Ventures and IvyCap Ventures.

The continued backing from existing investors reflects growing confidence in TIEA Connectors’ vision, technological capabilities, and long-term growth potential. With fresh capital and an expanding market opportunity, the startup is well-positioned to accelerate innovation and strengthen India’s presence in the global electrical connectivity solutions industry.

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