Bengaluru, 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.