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Defence tech startup Optimized Electrotech attracts Rs.25-Cr grant
Optimized Electrotech, a Bengaluru-based defence technology startup, has secured a grant of INR 25 crore at DefConnect 4.0, after emerging as the top winner of the ADITI 1.0 iDEX-DIO Challenge.
Between Feb 2019 and Jan 2023, Optimized Electrotech had raised about USD 5 M from Dholakia Ventures, Equanimity Investments, GVFL, Samarthya Investment Advisors, Z Nation Lab, Venture Catalysts and other angel investors.