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Defense tech startup Sharang Shakti raised Rs 5 crore in a pre-seed round co-led by AUM Ventures and Venture Highway to support product development and expand the team.

PRIVATESep 23, 2024

Amount Raised

₹50 Million

Round Type

Pre-Seed

NoidaBiotechnologySecurity

Investors

Jk Group’s Family OfficeAUM VenturesVenture Highway

Description

Defense robotics startup Sharang Shakti has secured Rs 5 crore in a pre-seed funding round co-led by AUM Ventures and Venture Highway, along with participation from the JK Group’s Family office and other angel investors. The proceeds will be used for product development and expanding the team.

Quick answer

Sharang Shakti raised ₹50 Million in a Pre-Seed round, dated September 23, 2024. Investors: Jk Group’s Family Office, AUM Ventures and Venture Highway. Sharang Shakti is based in Noida, Uttar Pradesh, India.

How much did Sharang Shakti raise?
Sharang Shakti raised ₹50 Million in a Pre-Seed round on September 23, 2024.
Who invested in Sharang Shakti?
Jk Group’s Family Office, AUM Ventures and Venture Highway are named as investors in this round.
What does Sharang Shakti do?
Sharang Shakti is a defense robotics startup co-founded in 2023 focused on innovating in airspace surveillance and airborne threat mitigation.
Where is Sharang Shakti based and how big is it?
Sharang Shakti is based in Noida, Uttar Pradesh, India. Fundz records about 15 employees.
Who are the decision-makers at Sharang Shakti?
Fundz holds 2 contacts at Sharang Shakti. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Security and Biotechnology around the same time

Companies in the same sectors as Sharang Shakti that raised within 45 days of this round, from Fundz verified event records.

  • Acelot raised $8.7M (Seed) on November 7, 2024.
  • EdenRoc Sciences raised $2.8M (Seed) on November 7, 2024.
  • Cytonics Corp raised $8.3M (Seed) on November 7, 2024.
  • Geron raised $375M (Debt Financing) on November 7, 2024.
  • Nexstem raised $3.5M (Seed) on November 7, 2024.
  • TRex Bio raised $42M on November 7, 2024.

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Company Information

Company

Sharang Shakti

Location

Noida, Uttar Pradesh, India

About

Sharang Shakti is a defense robotics startup co-founded in 2023 focused on innovating in airspace surveillance and airborne threat mitigation. The company is actively developing an anti-drone system designed to detect, track, and neutralize hostile drones, marking the beginning of several products in its pipeline. It aims to build a comprehensive technology stack for various robotic systems tailored for defense applications. With aspirations to become a next-gen Lockheed Martin from India, Sharang Shakti recently secured Rs 5 crore in pre-seed funding.

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Sharang Shakti raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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