Ammunic Systems, a Bengaluru-based defence technology startup, has secured USD 1.1 million in a seed funding round co-led by India Accelerator and Finvolve. This infusion of capital will fuel the company’s research and development efforts, scale manufacturing, expand its team, and enhance its product lines—all with a focus on indigenous defence technology.
The funding underscores a growing commitment to advancing India’s self-reliance in strategic defence solutions. Ammunic Systems, founded in 2024, specialises in electronic fuzes, warheads, and munition integration technologies, offering precision, safety, and efficiency across the defence product cycle—from concept design to full-scale production.
Priyanka Singhal, Founder of Ammunic Systems, framed the investment as more than just financial support: “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.”
The startup’s ambition aligns with broader national priorities to reduce India’s dependency on defence imports. Ashish Bhatia, Founder of India Accelerator and Co-founder of Finvolve, highlighted the strategic importance of such ventures: “India is at a critical point in its defence evolution, which makes indigenous technological capabilities national priorities. Ammunic Systems exemplifies the deep-tech innovation needed to strengthen our defence ecosystem.”
By focusing on cutting-edge technologies and indigenous manufacturing, Ammunic Systems is positioning itself as a key player in modern warfare systems. The company’s success could set a precedent for other startups in the defence and aerospace sector, driving innovation and reinforcing India’s role as a leader in strategic defence solutions.
This investment marks a pivotal moment in India’s defence evolution, where private sector innovation is increasingly seen as essential to national security. As Ammunic Systems accelerates its innovation roadmap, it will be closely watched for its potential to redefine India’s defence capabilities and contribute to a more self-sufficient defence ecosystem.