Defence tech startup Armory Raises Rs 13 Cr led by GrowX Ventures

Defence-tech startup Armory has raised Rs 13 crore (around $1.5 million) in a funding round led by growX ventures, with participation from Industrial 47, Antler, AC Ventures, Dexter Ventures, and several angel investors.

The proceeds will be used to boost R&D, expand manufacturing, and speed up deployment. 

Founded in 2024 by Amardeep Singh, Armory develops indigenous counter-drone systems (C-UAS) capable of detecting, tracking, and neutralising rogue drones. 

Its flagship system, SURGE, has undergone field trials with multiple Indian Army units. The company’s technology is powered by Samaritan OS, an AI-led defence operating system offering real-time adaptability and continuous learning — features missing in traditional systems.

Earlier this month, aerospace and defence startup Sanlayan Technologies raised Rs 186 crore ($22 million) in its Series A funding round led by Ashish Kacholia. 

Early-stage venture capital firm growX ventures’ portfolio includes Pixxel, Progcap, Pantherun, Bellatrix Aerospace, Wiom, Lightspeed Photonics, and CynLr.