DheyaTech Raises ₹43 Crore Led by Avaana Capital to Scale Small Gas Turbine Engine Production
Why It MattersThe funding signals growing investor confidence in India's push to build indigenous propulsion technology for advanced aerial platforms and defense-linked applications, reducing reliance on foreign engine suppliers.
Bengaluru-based DheyaTech has raised ₹43 crore in a funding round led by Avaana Capital to expand manufacturing capacity, establish an integrated testing facility for gas turbine engines, and accelerate deployment of its propulsion technologies. Founded in 2018 by aerospace engineers with experience at companies including GE Aviation and Rolls-Royce, the company has spent nearly a decade developing small gas turbine technology in India and is now transitioning from technology development to production readiness, with flight trials targeted for the fourth quarter of 2026. It has confirmed orders from Indian and global original equipment manufacturers.
DheyaTech is developing a family of small gas turbine engines ranging from 20 kgf to 400 kgf of thrust, targeting advanced aerial platforms, distributed power generation, and next-generation energy systems, using a full-stack engineering model that manages design, development, build and testing in-house. The company has developed a proprietary adaptive engine control unit and, in collaboration with the Indian Institute of Science in Bengaluru, a hydrogen-based flexi-fuel combustor for its 60-kW flexi-fuel turbogenerator. Its hydrogen blower has received ATEX safety certification for use in potentially explosive atmospheres.
DheyaTech said it is the first private company in India to pursue independent airworthiness certification for its gas turbine engines under the framework of the Centre for Military Airworthiness and Certification of the Defence Research and Development Organisation. Unimech Aerospace and Manufacturing serves as DheyaTech's strategic manufacturing partner, supporting precision manufacturing of gas turbine components and systems. Vikas Verma, partner at Avaana Capital, said DheyaTech represents a shift toward building differentiated, mission-critical technology of strategic importance to India from the ground up.
