Investors Ashish Kacholia, Lashit Sanghvi and Jungle Ventures led a $21.7m Series A round in Sanlayan.

Investors Ashish Kacholia, Lashit Sanghvi, and Jungle Ventures, a Singapore-based venture capital firm, led a $21.7m Series A round in Sanlayan, an Indian defense electronics company, with participation from Gemba Capital, Singularity Ventures and Shastra VC. "Sanlayan was born out of a simple idea: To help India’s Armed Forces, Defence Labs, DPSUs, and MSMEs build smarter, faster, indigenised solutions that address the challenges of modern warfare. Today, our products are deployed across multiple mission-critical programs spanning the tri-services, a small but meaningful step toward self-reliance in defence electronics," Rohan Gala, Sanlayan Co-Founder and CEO.