Sharang Shakti, a defense robotics startup based in Gurugram, has successfully raised Rs 5 crore in a pre-seed funding round. This round was co-led by AUM Ventures and Venture Highway, with additional participation from the JK Group’s Family Office and several angel investors. The funds will be used to fuel product development and expand the company’s team, according to their press release.
Innovating Defense Robotics
Founded in 2023 by a talented team including Karan Goyal, Chirag Singla, Jitendra Singh, Gaurav Kumar, and Rishabh Choudhary, Sharang Shakti focuses on creating advanced security robotics. Their goal is to innovate in the fields of airspace surveillance and airborne threat mitigation.
The company’s flagship project is an anti-drone system, which is designed to detect, track, and neutralize hostile drones. This cutting-edge technology aims to address growing security threats posed by rogue drones. The anti-drone system is just the beginning, as the company has several other products in the development pipeline.
For more insights into airspace surveillance and robotic defense solutions, check out the latest developments in the global defense robotics industry.
A Growing Market for Defense Robotics
According to market research, the global Anduril industry, which focuses on defense and security technologies, is valued at around $14 billion. This highlights the immense potential for Sharang Shakti to tap into a fast-growing industry and make a significant impact.
The company’s vision is to build a comprehensive technology stack that will enable the development of a wide range of robotic systems for defense applications. Their long-term goal is to position themselves as the “next-gen Lockheed Martin” from India, setting new benchmarks in the defense sector.
Building a Strong Team and Product Line
With this recent funding, Sharang Shakti plans to expand its team and accelerate the development of its anti-drone system. The company aims to bring together the best minds in robotics, AI, and defense technology to create solutions that can effectively safeguard national security.
The proceeds will also support the development of future products in the company’s pipeline, all of which focus on enhancing airspace security and mitigating airborne threats.
Defense Tech Initiatives in India
The rise of defense technology startups like Sharang Shakti reflects a growing interest in the deep-tech defense sector in India. Earlier this month, IndusBridge Ventures, a defense technology-focused company, teamed up with the US-based deep-tech venture builder FedTech to launch the I2A Launchpad program. This initiative aims to support Indian dual-use startups, providing them with the resources and mentorship needed to grow.
For more information on defense startups and the I2A Launchpad program, visit IndusBridge Ventures.
Conclusion
With Rs 5 crore in fresh funding, Sharang Shakti is set to advance its anti-drone technology and expand its team to meet the growing demand for airspace security solutions. The company’s innovative approach and strategic backing position it to become a key player in India’s burgeoning defense robotics sector.
Stay updated on the latest in defense robotics by following Sharang Shakti’s journey.