Defence Tech Startup News Today : Breaking News, Live Updates & Top Stories | Vimarsana

[Funding alert] Mumbai-based drone startup ideaForge raises Rs 15 Cr from BlackSoil Drone startup ideaForge will be utilising the funds to meet its working capital requirements. Recently, it received an investment of $1 million from Infosys. 0 claps ideaForge has raised Rs 15 crore from BlackSoil in a venture debt round. This announcement comes in right after IT services major Infosys announced its investment of $1 million in the company. According to the official statement, the company will utilise these funds to meet its working capital requirements for servicing its large order book. "W...

Share on The Indian government has been calling for innovators to leverage technology to build solutions for the defence sector. Earlier in February, at an industry event, Defence Minister Rajnath Singh revealed that the government is aiming to bring down defence imports by at least $2 billion by 2022. Image Credit: Torus Robotics While pursuing their mechatronics engineering degree, SRM University alumni M. Vignesh, Vibhakar Senthil Kumar, and K.Abbhi Vignesh set out to build solutions for the Indian defence sector.  In 2019, the trio launched Torus Robotics in Chennai to help the Indian ...

Former ISRO engineer turned entrepreneur Dhinesh Kanagaraj was always interested in the field of composite materials.’ During his three-year stint with the national space organisation, he was also pursuing and ideating along similar lines. A graduate of IIT-Madras, Dhinesh, and IIT-Delhi alumnus Abhijeet Rathore met in ISRO in 2011, and worked on popular missions such as GSLV Mk-III and Chandrayaan-II. After leaving his job at ISRO, Dhinesh along with his colleague Abhijeet launched Chennai-based Fabheads Automation in 2015 for building automated solutions for fabricating composite produ...