Bacancy Systems Raises Rs 40 Cr Funding

1 Minute Read Listen to Article

Mar 30, 2026 16:01

Bacancy Systems secures Rs 40 crore in Series A funding led by Sabre Partners and Greenstone Capital. Plans to scale manufacturing and expand globally.

New Delhi, Mar 30 (PTI) Gujarat-headquartered embedded electronics and power systems startup Bacancy Systems has raised Rs 40 crore in a Series A funding round led by private equity investment firm Sabre Partners and growth equity fund Greenstone Capital.

Both investors have acquired minority stakes in the company through primary investments, the company said in a statement.

The fresh capital will be deployed to scale up manufacturing capabilities, accelerate product development, deepen research and development (R&D), and expand into international markets.

Founded in 2021, Bacancy Systems deals in hardware, firmware, and cloud technologies. The company primarily caters to Electric Vehicle (EV) original equipment manufacturers (OEMs) and charging infrastructure players, with a strong focus on DC charger controllers.

Alongside its EV portfolio, the company is expanding into the railway electronics segment.

Source: PTI By Rediff Money Desk, New Delhi

DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.