India’s defence technology landscape is witnessing a fresh wave of innovation as Ammunic Systems, a Bengaluru-based deep-tech startup, announced raising $1.1 million (approximately Rs 9 crore) in a seed funding round. The round was co-led by India Accelerator and its multi-stage venture capital arm, Finvolve. This capital infusion is aimed at accelerating Ammunic Systems’ growth and expanding its capacity to build cutting-edge indigenous defence technologies.
Fueling India’s Push for Defence Self-Reliance
Founded in September 2024, Ammunic Systems is focused on research, design, and development of next-generation weapon systems emphasizing advanced electronic fuzes, warheads, and munitions integration technologies. The startup is committed to enhancing precision, safety, and reliability in defence hardware, aligning with India’s broader strategic goal of minimizing dependency on imported systems under the “Make in India” initiative.
Priyanka Singhal, the visionary Founder of Ammunic Systems, remarked:
“This investment from India Accelerator is not just capital; it is a vote of confidence in a mission we have poured our hearts into. At Ammunic Systems, we are not just building defence technologies; we are building belief — that India can lead from the front in securing its own future.”
Strategic Vision: Advanced Indigenous Defence Capabilities
Ammunic Systems aims to pioneer cutting-edge weapon systems that cater to current and future warfare demands while fulfilling the critical need for homegrown innovation in India’s defence ecosystem. The company focuses on key areas such as:
Advanced electronic fuzes that improve reliability and precision
Next-generation warheads designed for enhanced efficacy and safety
Seamless integration of munitions for diverse defence applications
The startup’s cutting-edge R&D and manufacturing plans are expected to contribute significantly to boosting India’s defence manufacturing capabilities and reducing import dependencies.
Utilising Funds for Expansion and Innovation
The $1.1 million seed funding will be channelled into accelerating Ammunic Systems’ innovation roadmap, scaling up manufacturing operations, expanding the core team, and developing new product lines while continuously enhancing existing ones. The funding partners bring not only capital but also strategic support to help Ammunic Systems scale rapidly and become a prominent player in defence tech innovation.
Ashish Bhatia, Founder & CEO of India Accelerator and Co-Founder, Finvolve, noted:
“India is at a critical point in its defence evolution. Startups like Ammunic Systems exemplify the deep-tech innovation that will strengthen our defence ecosystem and bolster self-reliance in weapon development.”
The Bigger Picture: Startups Leading India’s Defence Modernisation
Ammunic Systems is part of a growing cadre of Indian startups spearheading transformative innovation in the defence sector. With government initiatives that provide R&D funding and a push for indigenous manufacturing, startups in this space are poised to revolutionize military capabilities and contribute to national security.
Alongside established players like IG Drones, Indrajaal, and Zulu Defence, Ammunic Systems is carving a niche with its focus on precision weapon technologies that cater to the future of warfare — land, aerial, and marine domains.
Why This Matters: Strengthening India’s Defence Autonomy
As India faces evolving security challenges, reliance on foreign suppliers for critical defence technologies poses strategic risks. Ammunic Systems’ breakthrough work in electronic fuzes and next-gen warheads aligns perfectly with the national agenda of building a self-reliant defence industry capable of producing sophisticated, future-ready weapon systems.
This successful seed funding round not only validates the startup’s technology and vision but also signals increasing investor confidence in India’s defence innovation ecosystem.
Key Highlights
Ammunic Systems raised $1.1 million in seed funding led by India Accelerator and Finvolve
Startup focuses on advanced electronic fuzes, warheads, and munitions integration technologies
Funds will accelerate innovation, scale manufacturing, and expand team capabilities
Vision aligned with India’s “Make in India” initiative for indigenous defence manufacturing
Recognized as a promising deep-tech startup contributing to India’s defense self-reliance
In conclusion, Ammunic Systems is strategically positioned to become a pioneer in India’s indigenous defence technology sector, driving innovation that strengthens the country’s security and sovereignty. With a passionate leadership team and strong investor backing, the startup is set to disrupt and redefine India’s defence manufacturing landscape.