Noida-based defence robotics startup Sharang Shakti has raised Rs 5 crore in a pre-seed funding round led by AUM Ventures and Venture Highway.
The round also saw participation from the JK Group’s Family Office and several angel investors.
The startup plan
Noida-based defence robotics startup Sharang Shakti has raised Rs 5 crore in a pre-seed funding round led by AUM Ventures and Venture Highway.
The round also saw participation from the JK Group’s Family Office and several angel investors.
The startup plans to use the raised capital to expand the team and develop new products in the defense robotics space.
Focus on airborne threat mitigation
Founded in 2023 by Karan Goyal, Chirag Singla, Jitendra Singh, Gaurav Kumar, and Rishabh Choudhary, Sharang Shakti is a defense robotics startup that is focused on innovation in airspace surveillance and airborne threat mitigation.
Currently, the startup is developing an anti-drone system that will detect, track, and neutralize hostile drones. This system is the first of several products in the company's pipeline, marking a significant step in modern defense technology.
Building a robust technology platform
Sharang Shakti aims to develop a comprehensive technology platform for defense applications. The startup intends to create a wide range of robotic systems to address various security challenges in defense. Their long-term vision includes establishing India as a hub for next-generation defense technology, similar to global giants like Lockheed Martin.