Former ideaForge Executive’s Armory Bags Funding To Build Defence Tech Systems

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SUMMARY

The company bagged INR 13 Cr in a funding round led by growX ventures

Armory plans to deploy the freshly raised funds in R&D and expanding its manufacturing capacity

Founded in 2024, Armory builds indigenous Counter-Unmanned Aircraft Systems (C-UAS)

Former ideaForge chief marketing officer Amardeep Singh’s defence tech startup Armory has raised INR 13 Cr (around $1.5 Mn) in an undisclosed funding round led by growX ventures.

The round also saw participation from…



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Former ideaForge Executive’s Armory Bags Funding To Build Defence Tech Systems


SUMMARY

The company bagged INR 13 Cr in a funding round led by growX ventures

Armory plans to deploy the freshly raised funds in R&D and expanding its manufacturing capacity

Founded in 2024, Armory builds indigenous Counter-Unmanned Aircraft Systems (C-UAS)

Former ideaForge chief marketing officer Amardeep Singh’s defence tech startup Armory has raised INR 13 Cr (around $1.5 Mn) in an undisclosed funding round led by growX ventures.

The round also saw participation from…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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