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Former ideaForge Executive’s Armory Bags Funding To Build Defence Tech Systems

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SUMMARY

The company bagged INR 13 Cr in a funding round led by growX ventures

Armory plans to deploy the freshly raised funds in R&D and expanding its manufacturing capacity

Founded in 2024, Armory builds indigenous Counter-Unmanned Aircraft Systems (C-UAS)

Former ideaForge chief marketing officer Amardeep Singh’s defence tech startup Armory has raised INR 13 Cr (around $1.5 Mn) in an undisclosed funding round led by growX ventures.

The round also saw participation from…

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