Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Sanlayan Bags INR 186 Cr To Boost Indigenous Defence Tech Development
Sanlayan, a deep-tech startup focused on defence electronics, has secured INR 186 crore (approximately $22 million) in its Series A funding round. The investment will be utilized to accelerate the development and production of indigenous defence technologies. Sanlayan specializes in creating advanced systems for the Indian armed forces, contributing to the nation's goal of self-reliance in the critical defence sector. The funding will help the company expand its research and development facilities, scale its manufacturing operations, and attract top engineering talent. This capital infusion demonstrates strong investor belief in the potential of domestic defence manufacturing and innovation. With this financial backing, Sanlayan is poised to enhance its capabilities in areas like electronic warfare and secure communications, playing a vital role in modernizing India's defence infrastructure with homegrown technology, thereby reducing dependence on foreign suppliers.