DheyaTech, a Bengaluru-based deep-tech company developing advanced small gas turbine engines has raised Rs. 43 crore in funding led by Avaana Capital.

“The next generation of Indian deep tech companies will not just adapt technologies developed elsewhere; they will build globally relevant platforms from the ground up. DheyaTech represents that shift - building differentiated, mission-critical technology in a sector of strategic importance to India. We believe the company has the potential to become a global leader in propulsion, and we are excited to partner with the team as they take Indian engineering to markets around the world.,” says Vikas Verma, Partner, Avaana Capital.

“I congratulate the DheyaTech team on this important milestone. Their focus on building reliable gas turbine technology is truly exciting. Unimech continues to be the strategic manufacturing partner for DheyaTech, supporting the company through its precision manufacturing capabilities for gas turbine components and systems. We look forward to our continued association,” says Anil Kumar Puthan, Chairman & Managing Director, Unimech Aerospace and Manufacturing Limited.

DheyaTech is also expanding its core turbomachinery capabilities towards next-generation energy systems. The company is advancing hydrogen propulsion and power-generation technologies, including a hydrogen blower that has received the globally recognized ATEX safety certification.

In collaboration with IISc-Bengaluru, DheyaTech has also successfully developed a hydrogen-based flexi-fuel combustor for its 60-kW flexi-fuel turbogenerator, creating the enabling downstream infrastructure for fuel-flexible distributed power systems.

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Gurushankara K C, CEO & Co-Founder, DheyaTech says, “We have spent the last decade building deep expertise in gas turbine technology with the vision of creating world-class propulsion and energy solutions from India. This funding marks an important step in our journey from technology development to production readiness. We are focused on building a scalable family of engines, strengthening our testing capabilities and working closely with customers to take our technology into real-world applications. Our long-term goal is to make India more self-reliant in critical propulsion and energy technologies.”