Electro-optic surveillance start-up, Optimised Electrotech, raises Series A funding from GVFL
The company’s products find defence and commercial applications
Ahmedabad-based venture capital player, GVFL Ltd, has announced investment in a tech start-up, Optimized Electrotech Pvt Ltd, as part of a Series A investment round from its start-up fund. The quantum of investment was not declared.
Optimized Electrotech operates in the area of modern electro-optics surveillance systems, having defence and commercial applications. Headquartered in Ahmedabad, Optimized Electrotech has a Prototype Development Centre in Bengaluru.
Speaking about the fifth investment from GVFL Startup Fund, Sanjay Randhar, Managing Director, GVFL said, “India’s need for Intelligence, Surveillance and Reconnaissance is more than ever before.