Archive · 1 Jul 2025
Vinyas Tech Raises Funds, Achieves NADCAP Accreditation
Vinyas Innovative Technologies, a company that makes electronics, raised ₹150 crore from investors led by Madhusudan Kela's fund, Singularity Ventures.
They issued warrants that can be turned into shares.
The company also got a special certification called NADCAP for making quality electronic circuit boards, which is good for their business.
The money will help them buy supplies and make more products because they have a lot of orders.
Vinyas Innovative Technologies raised ₹150.04 crore through a preferential issue of warrants.
The fundraise was led by Singularity Ventures, associated with Madhusudan Kela, and other investors.
The company received NADCAP accreditation for Electronics- Printed Board Assemblies.
Funds will be used to strengthen working capital and expand capacity.
The company has a ₹1,018 crore order book as of May 31, 2025.
- Who
- Vinyas Innovative Technologies, Singularity Ventures (Madhusudan Kela), and other investors.
- What
- Vinyas Innovative Technologies completed a ₹150.04 crore fundraise and received NADCAP accreditation.
- When
- The fundraise was recently completed and the NADCAP accreditation was received on June 27, 2025.
- Where
- Mysuru, India.
- Why
- To strengthen working capital, expand capacity, and meet growing demand, particularly in the aerospace and defence sectors.
- Company
- Vinyas Innovative Technologies Limited
- Fund Raise Amount
- ₹150.04 crore
- Lead Investor
- Singularity Ventures
- NADCAP Accreditation
- Electronics- Printed Board Assemblies
- Order Book (May 31, 2025)
- ₹1,018 crore
- Issue Type
- Preferential Issue of Warrants
- Warrant Issue Price
- ₹1,100 per warrant
