11
Total investments
5
Early stage
3
Mid stage
1
Late stage
7y
Years active
Portfolio
9 investments · sorted by recency
All investments
Early stage
Mid stage
Late stage
Investor
2025
Peelon™ is a B2B startup enterprise that brings solutions to the gaps in the global food supply chain industry by providing a patent-pending, 100% biodegradable packaging technology for a variety of fruits and vegetables. This application ensures that freshness, and shelf life is increased by up to 3x, and the use of conventional plastics is reduced.
This results in new doors of opportunity to enhance the global food & agriculture industry, which means money being saved from the reduction of food waste and conventional plastics, environmental decay being countered by inhibiting greenhouse gases and plastic production.
From our research, weve seen how agriculture plays an essential role in the worlds economy. Given the economical environment, the physical location of many agriculturally rich countries, and dynamics of imports and exports that occur internationally, we feel that Peelon would be an ideal fit in in the global food supply chain by reducing the losses in the gaps and in increasing the efficiency in production. Some areas that would benefit greatly would be in the logistics processes of transportation, reduction of energy waste that comes from high-powered cooling systems, and the flourishing of better economic positions for smaller businesses that are benefiting from the reduction of food loss.
Our mission is to counter the problems of food waste, environmental decay, world hunger by implementing our unique product to the global food supply because our planet and future generations deserve to have a healthy and sustainable future.
Investor
2025
Armory is a new age defence tech startup building next-generation C-UAS systems to strengthen Indian forces in the modern battlefield. We are born out of a single mission: To build the best counter-drone systems that can detect, defend and destroy rogue drones. Modern conflicts waged remotely demand a radical rethinking of strategy as adversaries deploy inexpensive drones and technology to inflict maximum damage with minimal risk.
Our country’s defence systems, conceived in a bygone era, have been outpaced by the rapid advancements in technology, revealing critical gaps that we, at Armory, are poised to bridge.
We research, design and develop everything ourselves ensuring we are faster at every stage of development unlike traditional defense contracts which takes years to shape up into a functional technology.
We took Surge, our first product which counters every micro-mini drone threat that exists from rough diagrams to a full fledged product in a span of 6 months.
What we are building requires effort, tenacity, ownership, creativity and way more man hours than an everyday job. If you are a savant at what you do, love autonomy, have high agency, and genuinely want to impact the future of this country, we want you to start working with us yesterday!
Apply on our careers page at https://www.armory.in/careers or send us an email at cuas@armory.in
Investor
Apr 2024
Pantherun is an Indian cyber security innovator that has developed a patented data protection algorithm to transforms security for data throughputs of up to 10 Gbps, using an implementation of AES encryption in real-time that eliminates the vulnerabilities associated with key exchanges. This is ideally suited to work both on Edge devices as well as on the cloud.
What is unique and why is it difficult to breach
Unlike methods like SSL/TLS, IPSec, MACSec and their adaptations to vertical segments that are prevalent today, the Pantherun encryption, based on the Industry standard AES, makes no change in data format and requires no clear-text handshaking exchanges to communicate keys or encryption methodology, thus providing no clues to listeners on the network on what type of encryption such as AES/RC4 is used, how many bits length of key (128/256) or even (384/512 for post-quantum protection) is used, or the method by which the key is generated. As there is no need for key exchanges of any kind, this makes breaches harder due to the complete lack of clues to the listener.
This is enabled using an AI defined key generation process, where a key is computed for every transmission between a particular source and destination, based on running a statistical correlation algorithm that finds a unique FIPS compliant key from 65K bytes of past data exchanged between them. Thus a unique key, specific to each packet between a source and destination, is used to encrypt packets. This algorithm running on the same 65K set of past data on both the source and destination, independently generates a unique key at both ends, that is then used in the source to encrypt data and in the destination to decrypt data.
Pantherun provides this technology both as Verilog IP that can go into silicon or FPGAs, as well as a minimal code software library that can go into products running Windows, Linux, Android, iOS or RTOS.
Investor
2020
Aereo is the trailblazer in Indias integrated drone solutions landscape. Formerly known as Aarav Unmanned Systems, Aereo was founded in 2013 by Vipul Singh and Suhas Bansiwala in the research labs of IIT Kanpur. They harboured a groundbreaking vision to pioneer drone services and solutions for industries, at a time when the potential of drone technology was still largely untapped for commercial applications.
We empower industries with transformative solutions using the power of aerial intelligence. By creating a unique category of scalable end-to-end drone solutions, team Aereo continues to innovate and give back to society. Today, Aereo stands as the undisputed leader in integrated drone solutions, with its headquarters in Bangalore.
Aereos accomplished team of engineers, designers, and technicians collaborates tirelessly to develop crucial solutions for diverse industries including Mining, Urban & Rural Development, and Large-Scale Construction. We deliver on-demand deployment of managed drone solutions that are customized to every project. From, rapid & accurate data collection using drones to analytics and business intelligence, all in one place.
Aereo is backed by well-known early-stage deep tech investors like Auxano Capital, KARSEMVEN fund, StartupXseed Ventures, 3one4 Capital, GrowX ventures, 500 Startups, Ashok Atluri (MD of Zen Technologies), etc.
Investor
2020
We build next-generation optical interconnects that send data into the chips directly through lasers (no cables!) and integrate computing chips for high bandwidth data processing at low power. Modular Optoelectronic Processors and Interconnects for DataCenters and near-Edge Compute.
Investor
2019
CynLr is a visual object intelligence platform that enables industrial robotic arms to see, understand and manipulate any object in random unstructured environments.
Investor
2019
Bellatrix Aerospace is an Indian Space company specializing in new age technologies for in-space mobility.
The company is constantly evolving to facilitate development of key technologies in electric propulsion, green propulsion and orbital transfer vehicles.
Investor
2019
Pixxel is a global space data company operating the world’s highest-resolution commercial hyperspectral imaging constellation. With six commercial satellites in orbit, we aim to deliver sharper, richer insights for a healthier planet!
Our data and analytical tools support decision-making across agriculture, energy, environment, and mining sectors, helping the world see more, know more, and act faster.
Experience · 11 entries
All (11)
Investments (11)
2025
U
ULOOK
Investor
2025
Investor
2025
Peelon™ is a B2B startup enterprise that brings solutions to the gaps in the global food supply chain industry by providing a patent-pending, 100% biodegradable packaging technology for a variety of fruits and vegetables. This application ensures that freshness, and shelf life is increased by up to 3x, and the use of conventional plastics is reduced.
This results in new doors of opportunity to enhance the global food & agriculture industry, which means money being saved from the reduction of food waste and conventional plastics, environmental decay being countered by inhibiting greenhouse gases and plastic production.
From our research, weve seen how agriculture plays an essential role in the worlds economy. Given the economical environment, the physical location of many agriculturally rich countries, and dynamics of imports and exports that occur internationally, we feel that Peelon would be an ideal fit in in the global food supply chain by reducing the losses in the gaps and in increasing the efficiency in production. Some areas that would benefit greatly would be in the logistics processes of transportation, reduction of energy waste that comes from high-powered cooling systems, and the flourishing of better economic positions for smaller businesses that are benefiting from the reduction of food loss.
Our mission is to counter the problems of food waste, environmental decay, world hunger by implementing our unique product to the global food supply because our planet and future generations deserve to have a healthy and sustainable future.
Investor
2025
Armory is a new age defence tech startup building next-generation C-UAS systems to strengthen Indian forces in the modern battlefield. We are born out of a single mission: To build the best counter-drone systems that can detect, defend and destroy rogue drones. Modern conflicts waged remotely demand a radical rethinking of strategy as adversaries deploy inexpensive drones and technology to inflict maximum damage with minimal risk.
Our country’s defence systems, conceived in a bygone era, have been outpaced by the rapid advancements in technology, revealing critical gaps that we, at Armory, are poised to bridge.
We research, design and develop everything ourselves ensuring we are faster at every stage of development unlike traditional defense contracts which takes years to shape up into a functional technology.
We took Surge, our first product which counters every micro-mini drone threat that exists from rough diagrams to a full fledged product in a span of 6 months.
What we are building requires effort, tenacity, ownership, creativity and way more man hours than an everyday job. If you are a savant at what you do, love autonomy, have high agency, and genuinely want to impact the future of this country, we want you to start working with us yesterday!
Apply on our careers page at https://www.armory.in/careers or send us an email at cuas@armory.in
2024
Investor
Apr 2024
Pantherun is an Indian cyber security innovator that has developed a patented data protection algorithm to transforms security for data throughputs of up to 10 Gbps, using an implementation of AES encryption in real-time that eliminates the vulnerabilities associated with key exchanges. This is ideally suited to work both on Edge devices as well as on the cloud.
What is unique and why is it difficult to breach
Unlike methods like SSL/TLS, IPSec, MACSec and their adaptations to vertical segments that are prevalent today, the Pantherun encryption, based on the Industry standard AES, makes no change in data format and requires no clear-text handshaking exchanges to communicate keys or encryption methodology, thus providing no clues to listeners on the network on what type of encryption such as AES/RC4 is used, how many bits length of key (128/256) or even (384/512 for post-quantum protection) is used, or the method by which the key is generated. As there is no need for key exchanges of any kind, this makes breaches harder due to the complete lack of clues to the listener.
This is enabled using an AI defined key generation process, where a key is computed for every transmission between a particular source and destination, based on running a statistical correlation algorithm that finds a unique FIPS compliant key from 65K bytes of past data exchanged between them. Thus a unique key, specific to each packet between a source and destination, is used to encrypt packets. This algorithm running on the same 65K set of past data on both the source and destination, independently generates a unique key at both ends, that is then used in the source to encrypt data and in the destination to decrypt data.
Pantherun provides this technology both as Verilog IP that can go into silicon or FPGAs, as well as a minimal code software library that can go into products running Windows, Linux, Android, iOS or RTOS.
2023
Venture Partner, Emerging and Deep Technology Investing
2023
growX invests in disruptive B2B / EnterpriseTech startups that use technology to solve hard business problems.
We have taken bold bets in emerging technologies, ahead of the curve - BigData (2012), AI (2014), Drones (2016), Space (2018), Robotics / EVs (2019), Genomics (2020), Semiconductors (2021), Cybersecurity (2023), and DefenceTech / BioMaterials (2024) .
Across a decade, we have backed 46 disruptive companies incl AUS, Bellatrix, Fynd, Locus, LightSpeed, MadStreetDen, Pantherun, Progcap, Pixxel, StashFin and ZipLoan.
Show all 11 entries ↓
Investment activity
2019–2025 · 11 investments
Recent (last 2 years)Earlier
