CoreEL Technologies India Private Limited, a Bengaluru-based provider of advanced electronic systems for aerospace and defence, raised USD 30 million in Series B funding on December 23, 2025, led by ValueQuest Scale Fund with strong support from 360 ONE Asset, which led its prior Series A in December 2023. The funds will scale manufacturing capacity, bolster research and development, advance product engineering, and enable participation in major domestic and international defence programmes, following the December 2, 2025, acquisition of Lekha Wireless’s Aerospace and Defence Systems division that enhanced its military communication portfolio with indigenous IP in tactical SDRs, secure data links, and SATCOM solutions. Serving clients like DRDO, defence PSUs, and the Ministry of Defence, CoreEL’s growth underscores investor confidence in India’s self-reliance drive amid rising demand for mission-critical electronics.