ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/armory” target=”_blank”>Armory, a defence-tech startup focussed on ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/counter-drone-technology” target=”_blank”>counter-drone technology, has raised Rs 13 crore in a funding round led by early-stage investor ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/growx-ventures” target=”_blank”>GrowX Ventures.
Other participants in the round include Industrial 47, Antler, AC Ventures, Dexter Ventures, and several angel investors.
The fundraise comes at a time when interest in ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/indigenous-defence-manufacturing” target=”_blank”>indigenous defence manufacturing and artificial intelligence (AI)-powered security systems is growing, with India aiming to reduce import dependence and strengthen domestic capabilities.
Founded in 2024 by Amardeep Singh, Armory…
