Security and surveillance solutions provider Vehant Technologies raises $9 million

Vehant Technologies, a homegrown security and surveillance solutions provider, has raised $9 million (around Rs 75-77 crore) in funding from the private credit fund of investment firm True North.

The funding, issued through non-convertible debentures, will support the company’s plans to boost research and development, expand its product offerings, and explore new export opportunities in the Middle East and Europe.

Funding to drive R&D and innovation

Co-founded in 2005 by IIT Delhi alumni Kapil Bardeja and Anoop Prabhu, Vehant Technologies specializes in AI-based security solutions, including advanced surveillance systems, smart city applications, and enterprise analytics.

According to the company, around 75% of the newly raised capital will go toward strengthening its R&D capabilities, developing innovative offerings for aviation security, and further enhancing its existing suite of products. Vehant plans to hire more than 75 R&D specialists, increasing its workforce to over 500 as part of its growth strategy.

Focus on exports and emerging markets

Vehant also intends to use about 25% of the funds to accelerate its export business in high-potential markets like the Middle East and Europe.

The Noida-based firm sees strong demand for advanced security products in these regions and aims to leverage the momentum of India’s “Make in India” push to establish a solid presence. True North, which manages over Rs 1,300 crore in private credit capital, will play a key role in supporting this global expansion.

Path to IPO and financial targets

Vehant Technologies hopes to reach Rs 350 crore in revenue by the end of fiscal year 2026. The startup is also gearing up for an initial public offering within 12 to 18 months, aiming to take advantage of growing market interest in AI-driven security and surveillance solutions.