What Happened
Indian Deep Tech Company Expands Propulsion And Energy Solutions
Bengaluru-based deep-tech company DheyaTech has raised ₹43 crore in funding from Avaana Capital and Unimech Aerospace and Manufacturing to scale production of its micro gas turbine engines. The company plans to use the funding to expand production capabilities, establish an integrated testing facility, and accelerate commercial deployment across propulsion and energy applications. DheyaTech has spent the past decade developing small gas turbine engines and has secured confirmed orders from Indian and global OEMs, according to ETManufacturing.