<ul><li>Sanlayan Technologies, a defence electronics startup, has raised Rs 186 crore in a Series A funding round led by investors like Ashish Kacholia, Lashit Sanghvi, and Jungle Ventures.</li><li>The company previously raised Rs 36 crore in March 2024 and acquired a majority stake in Dexcel Electronics, known for contributing to programs like Jaguar, Sukhoi, LCA Tejas, and Chandrayaan-3.</li><li>Sanlayan is developing AESA Radar systems for India's UUV program and has partnerships with Indian startups and foreign OEMs for advanced solutions.</li><li>The startup plans to expand its engineering team, invest in critical technologies for CUAS and EW systems, and focus on indigenous capability development in India's defence sector.</li></ul>

Defence electronics startup Sanlayan raises Rs 186 crore to accelerate indigenous tech development

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