DashamLabs

Overview

DashamLabs is a materials science startup specializing in the development of advanced silica aerogel insulation materials. The company was founded in 2024 by Ankit Jhanwar, Apoorv Balwani, and Devakar Dhingra. DashamLabs is headquartered in Rewari, India. As of its latest funding round, the company has raised approximately $1.36 million, with key investments from Speciale Invest and IIMA Ventures. The startup aims to create energy-efficient, high-performance materials for a range of industrial, mobility, and infrastructure applications.

Recent Developments

October 2025: DashamLabs raised INR 12 crore in a seed funding round led by Speciale Invest with participation from IIMA Ventures. The funds are earmarked for expanding research and development, increasing production capacity, and collaborating with partners in sectors such as oil & gas, electric vehicles, defense, and construction to scale its aerogel products.
October 2025: The company announced its mission to make energy-efficient materials more accessible by scaling advanced aerogels manufactured in India. They focus on producing high-performance, fire-resistant, lightweight products through proprietary technology that allows production of flexible aerogel sheets with ultra-low thermal conductivity, high-temperature stability, hydrophobicity, and fire resistance.

Attribute	Information
Founding Date	2024
Headquarters	Rewari, India
Founders	Ankit Jhanwar, Apoorv Balwani, Devakar Dhingra
Revenue	Not publicly disclosed
Profits	Not publicly disclosed
Key Investors	Speciale Invest, IIMA Ventures
Industry	Materials Science
Number of Employees	4

Early History

DashamLabs was established in 2024 by co-founders Ankit Jhanwar, Apoorv Balwani, and Devakar Dhingra. The startup emerged with a vision to leverage India’s technological and human resources to address global challenges through advanced material technologies. Inspired by the need for energy-efficient and safe materials across sectors, the company focused on developing high-performance silica aerogel insulation materials. This innovation allows industries to reduce energy loss and improve safety.

Company Profile and Achievements

DashamLabs capitalizes on advanced material technology to bridge the gap between laboratory discoveries and practical industrial applications. The company's business model centers around the production and application of silica-aerogel-based insulation materials.

Product Features: DashamLabs focuses on flexible silica aerogel sheets renowned for their ultra-low thermal conductivity, withstanding temperatures between –150°C to 1000°C.
Milestones:
- Secured first round of funding within the first year of operation in 2024.
- Established key partnerships with industries like oil & gas and defense for product validation and scalability by 2025.

Current Operations and Market Position

DashamLabs is primarily engaged in the production of aerogel-based insulation solutions that are both scalable and cost-efficient. Their operations are focused on enhancing the energy efficiency of industrial applications. The company is actively collaborating with sector-leading firms to validate and scale its products, aiming to position itself as a global supplier of next-generation insulation materials. With continuous advancements in its proprietary manufacturing processes, DashamLabs seeks to hold a competitive advantage with its unique features like fire resistance and temperature stability.

Conclusion

DashamLabs is swiftly carving out a name for itself in the materials science domain. By addressing energy efficiency and safety in industrial applications with its innovative aerogel products, the company is well-positioned to influence a range of sectors, including mobility and infrastructure. Its recent seed funding and strategic partnerships are likely to propel its growth further. The company's commitment to localizing production while maintaining global quality standards places it at the forefront of India's push into the global materials market. As it continues to develop and commercialize its offerings, DashamLabs stands to make significant contributions to energy efficiency and safety across industries.