Captronic Systems, a Bangalore, India-based company that specializes in the design and development of Custom Automated Test Equipments, Data Acquisition and Control Systems, has raised €2.5m in funding.
Axon Capital has made the investment through its India Opportunities fund.
Captronic Systems provides custom-built Automated Test Equipment (ATEs), Automation & Data Acquisition services for aerospace & defense, nuclear, automotive, and manufacturing sectors.
The company has executed projects in 11 countries for blue chip customers such as ISRO, DRDO, HAL, DAE, Bosch, Tata Motors, ABB, GE, BHEL, and Siemens.
Captronic is currently hiring (http://captronicsystems.com/careers.htm).