Story perspectives
Ammunic Systems Secures $1.1M to Boost Defense Innovation
7/28/2025
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Story summary
- Ammunic Systems secured USD 1.1 million in seed funding, co-led by India Accelerator and Finvolve.
- The funding will boost research, manufacturing, and product development in indigenous defence technology.
- Established in 2024 in Bengaluru, the startup specializes in advanced weapon systems for self-reliance.
- This investment aligns with India's objective to decrease reliance on defence imports.
- Founder Priyanka Singhal highlights the commitment to innovation for India's security.
