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Kanpur, 31 January 2025: RF Nanocomposites Pvt Ltd, an innovative startup incubated at the SIIC, IIT Kanpur, is excited to announce the successful completion of its latest funding round. The company has raised ₹6 crores, achieving a valuation of ₹30 crores. This milestone highlights investors' confidence in the company's groundbreaking technologies and growth potential. The investment round was led by prominent figures from Ahmedabad’s education and high-tech ecosystem, Mr. Raj and Mr. Divyaraj, who bring extensive expertise and strategic guidance to the venture. Their support marks a significant step forward for RF Nanocomposites in its mission to revolutionize the field of advanced materials. RF Nanocomposites specializes in cutting-edge stealth and electromagnetic interference (EMI) shielding composite materials, addressing critical needs in India’s defense and advanced industrial sectors. The company’s innovative solutions set new benchmarks for high-performance materials, playing a crucial role in enhancing the nation’s strategic capabilities and technological self-reliance. Speaking on the occasion, Dr. Vishal Kumar Chakradhari, Founder & CEO of RF Nanocomposites, stated, “This funding signifies the transformative potential of our technology. We are grateful to our investors for their trust and support, and we remain committed to driving innovation in high-performance materials to strengthen India’s defense and industrial sectors.” The fundraising process was facilitated by Tuskh Law & Associates, who served as legal advisors, ensuring a seamless and efficient transaction. Mr. Anurag Singh, CEO of SIIC, IIT Kanpur, remarked, “RF Nanocomposites exemplifies the spirit of innovation and entrepreneurship that IIT Kanpur strives to foster. This milestone is a proud moment for the entire SIIC ecosystem, and we are confident that the company will continue to reach new heights.” IIT Kanpur continues to foster a culture of innovation and entrepreneurship through its incubation ecosystem. With a strong commitment to advancing technological frontiers, IIT Kanpur remains dedicated to nurturing visionary startups and contributing to India's journey towards self-reliance in science and technology. About RF Nanocomposites Pvt Ltd RF Nanocomposites Pvt Ltd is a leading-edge startup specializing in advanced stealth and EMI shielding composite materials. With a strong focus on innovation, the company addresses critical needs in defense and advanced industries, contributing to India’s strategic capabilities and technological advancement. About SIIC, IIT Kanpur The Startup Incubation and Innovation Centre (SIIC) at IIT Kanpur, established in 2000, is India's leading technology business incubator. Currently incubating 175 startups, it operates under the Foundation for Research & Innovation in Science & Technology (FIRST) and supports startups at all stages, from idea to business, through funding, mentorship, and infrastructure, focusing on technology-driven solutions for societal challenges. About IIT Kanpur: The Indian Institute of Technology Kanpur, established in 1959, holds the distinction of being recognized as an Institute of National Importance by the Government of India through an Act of Parliament. Renowned for its excellence in science and engineering education, IIT Kanpur has made significant contributions to research and development over the decades. Its expansive, lush green campus spans 1,050 acres and hosts a rich array of academic and research resources. The institute comprises 19 departments, 26 centers, three interdisciplinary programs, and two specialized schools across engineering, science, design, humanities, and management disciplines. With over 590 full-time faculty members and more than 9,500 students, IIT Kanpur continues to be a leader in fostering innovation and academic rigor. For more information, visit www.iitk.ac.in. |
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