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STARTUP·2 min read·Oct 18, 2025

This Startup Just Raised Rs 12 Crore to Destroy Old-School Insulation — The Future Is Here

Imagine insulation so light, fireproof, and powerful that it could transform industries from electric vehicles to defense. Sounds like sci-fi? Think again. Dashamlabs, a breakthrough Indian deep-tech startup, just raised Rs 12 crore — and they’re ready to shake up the insulation world like never bef

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Inclusive team meeting discussing startup strategies at a modern office setting. · Plate 01 · Photographed for The Entrepreneur Story

Imagine insulation so light, fireproof, and powerful that it could transform industries from electric vehicles to defense. Sounds like sci-fi? Think again. Dashamlabs, a breakthrough Indian deep-tech startup, just raised Rs 12 crore — and they’re ready to shake up the insulation world like never before.

Why Your Current Insulation Is Holding You Back

If you think insulation is just about keeping things warm or cool, you’re missing the bigger picture. Traditional materials are bulky, heavy, and can’t handle extreme temperatures or fire safely. This slows down industries and costs billions in energy.

Enter Dashamlabs — The Game-Changer

Founded in 2024 by three visionaries — Ankit Jhanwar, Apoorv Balwani, and Devakar Dhingra — Dashamlabs is making flexible silica aerogel sheets that are:

  • Ultra-lightweight yet super strong
  • Fire-resistant, handling temps from -150°C to 1000°C
  • Water-repellent and ready for harsh environments

This isn’t just insulation; it’s next-level material science made in India.

The Big Funding Boost: Rs 12 Crore to Scale Big Time

Thanks to Speciale Invest leading a Rs 12 crore seed round (with IIMA Ventures backing), Dashamlabs will turbocharge R&D and ramp up production. They’re building pilot plants and teaming up with giants in oil & gas, EVs, defense, and construction to bring their tech to life at scale.

Why This Matters to Everyone

Better insulation means safer electric vehicles, more energy-efficient buildings, and stronger defense infrastructure. Dashamlabs is tackling these challenges head-on with innovative, affordable solutions that could save energy and lives.

What’s Next?

Scaling production, validating products with partners, and pushing the boundaries of material science — Dashamlabs is gearing up to dominate the insulation market globally.

This Rs 12 crore round is just the beginning. Dashamlabs is on the fast track to turning India into a global powerhouse for advanced insulation materials. If you care about clean tech, energy savings, or just cool science, watch this space closely.


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  1. 01What is this story about?
    Imagine insulation so light, fireproof, and powerful that it could transform industries from electric vehicles to defense. Sounds like sci-fi? Think again. Dashamlabs, a breakthrough Indian deep-tech startup, just raised Rs 12 crore — and they’re ready to shake up the insulation world like never bef
  2. 02Who wrote it?
    The Entrepreneur Story · Staff. 2 min read · Oct 18, 2025.
  3. 03Is this sponsored?
    If a piece is, the disclosure sits above the cover image and again in our public transparency report. This one carries no commercial disclosure.
  4. 04How do I get the rest?
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