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.
Sep 23, 2024•about 1 year ago
Amount Raised
₹50 Million
Round Type
seed
Investors
Angel InvestorsJk Group’s Family OfficeVenture HighwayAum Ventures
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.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech