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Defense tech startup Zebu raises $1 Mn in pre-Series A round

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Defense tech startup Zebu raises $1 Mn in pre-Series A round
Medial

Defense-tech startup Zebu has raised $1 million in a pre-Series A financing round led by Bluehill VC. The proceeds will be used to accelerate four of its mission-critical drones from prototype to battlefield deployment, supporting Indiaโ€™s defense modernization and strengthening indigenous military capabilities, Zebu said in a press release. Launched in 2021 by Santosh Balajee Banisetty, Zebu is a defense-tech startup that develops mission-ready counter-drone systems for armed forces globally. The startup has introduced four products for the Indian armed forces, including a hostile drone-neutralizing IAF Net Drone with a six-cartridge system, a sea-surface combat and rescue drone for the Indian Coast Guard, a swarm-enabled offensive combat drone for the IAF, and a tethered surveillance drone for Army border patrols. According to market research, the global counter-drone market is expected to reach $11 billion by 2030. The Hyderabad-based company stated that the IAF Net Capture Droneโ€”a sky sentinel capable of trapping hostile drones mid-air like a futuristic spiderwebโ€”has evolved from a skeletal model to radar integration over the last six months and is now approaching military-grade certification milestones. It is also in advanced talks with a top defense manufacturer to supply its drones. Zebu is building an Anti-Drone Swarm System for the Air Force, featuring rapid-fire pneumatic launchers and set for operational readiness by late 2025. It is designed to overwhelm enemy drones with coordinated strikes. The Armyโ€™s 24x7 โ€œEye in the Sky,โ€ the Tethered Surveillance Drone, could see mass deployment by mid-2025, offering uninterrupted border monitoring and already approved by multiple regiments. Beyond government contracts, Zebu is expanding into commercial markets by adapting its military-grade technology for enterprise use. It claims that its proprietary Ground Control Station (GCS) is attracting strong interest from private OEMs across India, the U.S., and Southeast Asia.

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Space tech startup Akashalabdhi raises $1.2 Mn in pre seed round
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Tonbo Imaging raises $21 Mn in pre-IPO round

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Tonbo Imaging raises $21 Mn in pre-IPO round
Medial

Tonbo Imaging raises $21 Mn in pre-IPO round Bengaluru-based defense technology firm Tonbo Imaging has raised Rs 175 crore or $21 million in its Series D pre-IPO round from Florintree Advisors, Tenacity Ventures, and the Export-Import Bank of India. The proceeds will be used to support the companyโ€™s development of next-gen infrared sensors and advanced energy weapons, along with expanding its global operations. Founded by Arvind Lakshmikumar, Tonbo Imaging blends optics, AI, and computer vision to create advanced surveillance and targeting systems that work across land, air, and sea. Its focus is on building lightweight, autonomous platforms that can operate in harsh battlefield conditions. Tonbo Imaging builds high-tech vision and targeting systems used in military operations worldwide. Its products enhance battlefield awareness and are already used in over 30 countries by forces like the U.S. Navy SEALs, Israeli Defense Forces, NATO, and the Indian Army. With over Rs 300 crore raised in previous rounds from investors like Qualcomm and Edelweiss, Tonbo is now gearing up for its IPO.

Ice cream brand Go Zero raises $1.5 Mn

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Ice cream brand Go Zero raises $1.5 Mn
Medial

Ice cream brand Go Zero has raised $1.5 million in its follow-on pre-Series A funding round from DSG Consumer Partners, Saama, and V3 Ventures, among others. The round also saw participation from notable angel investors such as Arjun Purkayastha. Earlier in August last year, the startup had raised $1 million in its pre-Series A funding round led by DSG Consumer Partners, Saama, and V3 Ventures. Founded by Kiran Shah, Go Zero has a diversified product portfolio featuring low-calorie, high-protein, and vegan ice creams. The startup claims that all its products are sweetened with plant-based sweeteners, which are low in calories. Currently present in 16 cities and over 125 dark stores, Go Zero ice cream brand is available on both quick commerce and e-commerce platforms in less than two years of launch. In FY24, Go Zero claims to have grown 4X compared to FY23 and while it saw 7X growth on quick commerce in just 5 months this summer. Go Zero competes with Hocco and NIC. Last year, NIC had raised $11 million in a growth funding round led by Jungle Ventures whereas Hocco recently raised $12 million from Chona family and others.

AutoDukan raises $1 Mn in pre-Series A round

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AutoDukan raises $1 Mn in pre-Series A round
Medial

Snippets AutoDukan raises $1 Mn in pre-Series A round AutoDukan, an AI-driven automobile aftermarket platform, has raised $1 million in a pre-Series A round led by Choice Group and select HNIs. Existing investors MetroMax Group (India) and Ankit Sajnani also participated. The startup earlier raised a seed round from Rohit Goyal, Windrose Capital, and Raghu Venkatraman, followed by an angel round from MetroMax Group (USA) and Ankit Sajnani, which helped launch and expand its core platform. AutoDukan works in the auto aftermarket by digitising spare part procurement, insurance claim workflows, and multi-brand workshop enablement. Its AI-powered platform maps spare parts to vehicle models, predicts demand, and automates procurement, delivering speed and transparency to insurers, fleet operators, and workshops. The new funds will be used to scale operations across key automotive regions, enhance AI capabilities in demand prediction and claims automation, and deepen partnerships with insurers, fleet operators, and OEM suppliers. The company also plans to strengthen its team across AI, operations, and market development. AutoDukan reported 10ร— growth in the past two years, serving over 2,000 clients nationwide, mapping 2 million spare parts, and maintaining a live inventory of 200,000 parts updated daily. The firm competes with players like GoMechanic, Automovill, and OEM-backed service platforms.

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