(Left) Satyanarayan Nuwal, Chairman SIIL, Manish Nuwal, MD and CEO, SIIL and Sahil Chawla, Co-founder & CEO Tsecond.ai.
Business Reporter :
TSECOND.AI, the global leader in petabyte scale edge storage and AI infrastructure company, has closed its most recent round of financing totaling over Rs 190 crore ($21.5 million) recently, from MSN Holdings the family offices of the MD & CEO of global defense manufacturer Solar Industries India Limited (SIIL) and other angel investors with a passion for deep tech innovation in the defense sector.
Solar Industries India Limited (SIIL), is led by Satyanarayan Nuwal, Chairman and Manish Nuwal, Managing Director and Chief Executive Officer (CEO). The company is valued at over USD 13.4 billion and is one of the world’s largest defense manufacturers with operations spanning energetics, propulsion systems, munitions, and integrated defense platforms across
more than 40 facilities in over
90 countries.
“Our investment in Tsecond is based on their strong growth to date and traction in the market supporting some of the largest transformation programmes in defense in the US, UK, India and Europe”, said Manish Nuwal.
“Tsecond.ai’s flagship BRYCK® platform enables high-speed data capture and AI processing in rugged, deployable systems engineered for the most demanding operational environments, remote, disconnected, and austere conditions where real-time intelligence and autonomous decision support must function without reliance on external connectivity,” said Sahil Chawla, CEO & Co-founder, Tsecond.ai.