Ammunic Systems, a defence technology startup, has raised $1.1 million in seed funding. The funding round was led by India Accelerator and its VC arm, Finvolve.
This money will help the company improve its current products, do more research and development, expand manufacturing, and develop new technologies made in India.
“This investment from India Accelerator is not just capital, it’s a vote of confidence in a mission we have poured our hearts into,” said Priyanka Singhal, Founder of Ammunic Systems. “We’re building belief that India can lead from the front in securing its future. With IA and Finvolve’s support, we are in a stronger position to scale domestic manufacturing and reduce reliance on imports.”
Ashish Bhatia, Founder & CEO of India Accelerator and Co-Founder of Finvolve, said, “India is at a critical point in its defence evolution, where reducing import dependency and boosting indigenous innovation have become strategic imperatives. Ammunic Systems exemplifies the deep-tech talent needed to support India’s vision of self-reliance in defence and global leadership in aerospace innovation.”
Ammunic Systems is a defence research and development startup based in Bengaluru. It was started in 2024 by Priyanka Singhal. The company focuses on designing and building advanced weapon systems.
Ammunic’s main strengths are in making electronic fuzes, warheads and technologies that combine different parts of weapons. Their goal is to become a leading innovator in the defence and aerospace industries.
The startup is focused on creating safe and accurate warheads that are ready for the future and help make the world more secure. They are committed to delivering high-quality solutions that go beyond customer expectations.
Ammunic works mainly in researching, designing, developing, and producing advanced weapon systems for modern and future battles.
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