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Bengaluru-based Sanlayan Technologies has made a strategic investment in Versabyte Data Systems, a company focused on defence power electronics. The move is part of Sanlayan’s plan to strengthen its defence electronics stack and reduce import dependence in the sector.
Founded in 1987 by P.S. Reddy, Versabyte supplies power systems to organisations including HAL, BEL, BDL, DRDO, and the Indian Armed Forces. The company reported Rs 67 crore in revenue and Rs 16.5 crore in profit for FY25, with an order book of Rs 210 crore and a pipeline of over Rs 200 crore.
Following the investment, Versabyte will continue to operate as an independent unit under the Sanlayan group while keeping its existing leadership and engineering teams. The collaboration will focus on joint product development, market expansion, and participation in defence tenders.
Sanlayan had earlier acquired Dexcel Electronics, an embedded systems firm, and built a 70-member R&D team working on radar and electronic warfare systems. The company said these efforts aim to offer complete electronics solutions across the defence value chain.
Sanlayan recently raised Rs 186 crore in a Series A funding round. The company said the investment aligns with its focus on strategic acquisitions, in-house research, and partnerships to advance indigenous radar and electronic warfare technologies.
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