DheyaTech bags Rs 43 crore to take indigenous gas turbine engines to market

India’s small gas turbine ambitions are moving from the lab towards commercial deployment. Bengaluru-based deep-tech company DheyaTech has raised Rs 43 crore in funding led by Avaana Capital, with participation from Unimech Aerospace and Manufacturing Limited. The company, founded by aerospace engineers with more than 15 years of experience at GE Aviation and Rolls-Royce, is developing small gas turbine engines for advanced aerial mobility and energy applications.