DheyaTech has raised Rs 43 crore in a pre Series A round led by Avaana Capital, with Unimech Aerospace and Manufacturing also participating. The Bengaluru deeptech company builds micro gas turbine engines and energy systems for aerospace and power generation. The fresh capital will go into scaling production and setting up an integrated testing facility for its engines.
What the company builds
DheyaTech’s engine portfolio spans 20 kgf to 400 kgf of thrust. That range covers applications across aerial mobility, advanced aerial platforms and distributed power systems. The company said its gas turbines are entering commercial deployment, with flight trials planned for the fourth quarter of 2026. It has already received confirmed orders from Indian and global OEMs.
The hydrogen bet
Beyond conventional engines, DheyaTech has developed an adaptive Engine Control Unit and is working on fuel flexible and hydrogen based propulsion. Its portfolio includes a hydrogen blower and a hydrogen based flexi fuel combustor for its 60 kW flexi fuel turbogenerator. The company said its platform approach lets it build engines across multiple thrust categories and applications.
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Who is building it
The company was founded in 2018 by Gurushankara K C, Abhinav Alva and Chetan Kumar. The team has spent the years since then on a category where Indian startups have only recently started to appear. That patience is part of why the round matters. Gas turbine development is capital heavy, slow and hard to fund in a market that usually rewards fast consumer growth.
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Why it matters
India’s deep tech funding is still thin compared with software, but the deals are getting bigger and more specific. Nabhdrishti Aerospace raised $3 million in a seed round led by Accel last year. LAT Aerospace, founded by Deepinder Goyal, is developing lightweight gas turbines with $20 million from its founder. DheyaTech adds a third serious player to that list. Engines take years to certify and sell, so the money is not chasing quick revenue. It is backing a capability India currently imports, and that is a harder bet to make and a more valuable one to win.