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📷 Gurushankara K C, CEO and co-founder, DheyaTech, Vikas Verma, partner, Avaana Capital and others
Hemant Kumar Rout•Sep 17, 2026•3 min read
DheyaTech raises ₹43 crore to scale up small gas turbine engine output
Aerospace propulsion and deep-tech company DheyaTech has raised Rs 43 crore in a funding round led by Avaana Capital to scale up production of its indigenous small gas turbine engines, establish an integrated testing facility and accelerate the commercial deployment of its propulsion and energy technologies.
KEY HIGHLIGHTS
Led by Avaana Capital with participation from existing investor Unimech Aerospace and Manufacturing.
Fresh capital will increase manufacturing capacity and establish a fully integrated gas turbine engine testing facility.
Advancing towards production readiness with flight trials scheduled for Q4 2026 across 20 kgf to 400 kgf thrust engines.
Pioneering independent airworthiness certification under CEMILAC-DRDO as the first private Indian company.
#Funding#Avaana Capital#Unimech Aerospace#CEMILAC#UAV Propulsion
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