India, May 27 -- Electrical components manufacturing startup TIEA Connectors has secured Rs.77 Cr (about $8 Mn) in its Series A funding round led by IvyCap Ventures, with participation from existing backers Jamwant Ventures and 8X Ventures. The round also saw participation from a few undisclosed high-net-worth individuals (HNI).

In a statement, the startup said it plans to use the funds to expand its manufacturing infrastructure, strengthen R&D and product engineering capabilities, and accelerate automation and technology integration.

A portion of the funds will be used to scale operations across sectors like emobility, aerospace, defence and avionics in India and abroad.

Founded in 2019 by Ajith Sasidharan and Punit Shridhar Joshi, TI...