Fundz
Funding, M&A and exec moves matched to your market, from $49/mo billed annually, or $79/mo quarterly. See plans and pricing.See plans →

Avantel secures ₹117.88 crore contract from DRDO for voice and data communication hub development.

Aug 29, 2026•about 3 hours ago

Contract Type

contract

Manufacturing

Description

Avantel has been awarded a ₹117.88 crore contract by the Defence Research and Development Organisation for developing a ground segment hub for communication. This contract is set to be completed by February 2029 and includes a 36-month warranty.

Company Information

Company

Avantel

About

Avantel is involved in the production of defense and strategic electronics. The company focuses on indigenous manufacturing and technology development within India’s defense sector. With an emphasis on local supply chains, Avantel contributes to reducing reliance on imports. The company aims to support and enhance domestic defense capabilities.

Predictive Intelligence
Strategic

ML-powered predictions for Avantel's next move

Learn about Strategic plan

Agreement Insights

Based on industry data
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

Avantel signed a new agreement. Fundz surfaces partnerships and contracts as they are announced.

145 of these a day, filtered to the companies you pick. $29 a month, billed annually, and if it does not pay for itself in a year we refund it.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.