Sanlayan Technologies, a company based in Bengaluru has revealed a significant investment move in Versabyte Data Systems, a company that is a major player in defence power electronics.
With this act that went on its own, Sanlayan intends to further its unit Sanlayan’s electronics portfolio as well as advance India’s self-reliance by decreasing import dependency in critical technology segments.
Versabyte Data Systems, a company that has been around since 1987 and was founded by P.S. Reddy, provides power systems with the highest level of reliability for different defence organizations such as HAL, BEL, BDL, DRDO. And the Indian Armed Forces.
In FY25, the company posted a turnover of Rs 67 crore and a net profit of Rs 16.5 crore, supported by a Rs 210 crore order book and a project pipeline of over Rs 200 crore.
After the investment, Versabyte will keep operating as a separate company under the Sanlayan group, with the same management and engineering teams. The partners intend to focus on joint product development, market expansion, collaboration in defence tenders, and so forth.
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Sanlayan Technologies has been progressively making its mark in the defence electronics sector. The company had previously bought Dexcel Electronics, a company specialised in embedded systems, and started a 70-member R&D team focusing on radar and electronic warfare systems.
After a recent Series A funding round where it raised Rs 186 crore, Sanlayan is planning to speed up its growth through the acquisitions of strategic companies, local R&D, and partnerships that would enhance India’s radar, power systems, and electronic warfare technology capabilities. In this way, the company will be a major enabler in the country’s defence ecosystem.