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Defsys Solutions Pvt Ltd, which has been named as the recipient of 1 million euros (Rs 8.62 crore) from Dassault Aviation of France in connection with the Rafale deal, is a company based in Hoskote, Karnataka, and was set up in January 2007.
The company, owned by defence middleman Sushen Mohan Gupta, has a paid-up capital of Rs 6.95 crore and is “involved in research and experimental development on natural sciences and engineering”.
“This class includes systematic creative work in the fields of research and development in natural sciences, medical sciences, agriculture and engineering and technology,” says Zauba Corp, a provider of commercial information and insights on businesses in India. ....

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