8 months ago
True North Invests ₹75 Cr in Samtel Avionics
Samtel Avionics, a company that makes important technology for defence and aerospace, got ₹75 crore from a private equity firm called True North.
They might get even more money later, up to ₹140 crore.
This money will help Samtel Avionics make better products and improve their technology.
The company's CEO is happy because this investment shows that their technology is good and will help India make more things on its own.
The investor thinks Samtel Avionics is really good at making defence technology and believes the company will grow a lot in the next ten years because the government wants to make India's defence stronger and more self-reliant.
Samtel Avionics received ₹75 crore in growth funding from True North Private Credit.
The investment includes a green shoe option of ₹140 crore for additional capital.
Funds will be used to expand manufacturing, accelerate R&D, and adopt advanced indigenous technologies.
The investment aims to strengthen Samtel Avionics' capabilities in high-tech electronics for defence and aerospace.
The company plans to deliver diversified solutions across defence, aerospace, railways, satellites, and unmanned systems.
- Who
- Samtel Avionics and True North Private Credit
- What
- Investment of ₹75 crore with a green shoe option of ₹140 crore
- Where
- India
- When
- Published on December 17, 2025
- Why
- To fuel growth, expand manufacturing, and accelerate R&D in high-tech electronics for defence and aerospace
Key facts
- Company
- Samtel Avionics
- Investment Amount
- ₹75 crore
- Investor
- True North Private Credit
- Green Shoe Option
- ₹140 crore
- Key Sectors
- Defence, Aerospace, Railways, Satellites, Unmanned Systems
- CEO
- Puneet Kaura
- Managing Partner
- Kapil Singhal
Quotes
Samtel Avionics
A Gurugram-based company specializing in advanced electronic systems for defence, aerospace, and railway sectors.
“This funding marks a significant milestone in Samtel Avionics' expansion strategy as it strengthens its capabilities in high-tech electronics for defence, aerospace, railways, as well as emerging sectors like satellites, and unmanned systems (UAVs/ Drones). The capital will be deployed to accelerate research and development, expand manufacturing capacity, and drive adoption of advanced indigenous technologies for mission-critical applications.”
freepressjournal.in
