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Defence tech startup Ammunic Systems has raised $1.1 million in a seed funding round led by India Accelerator and its multi-stage VC arm Finvolve. The startup aims to scale its existing products and build new indigenous defence technologies. Ammunic said it will use the funds to accelerate its innovation roadmap and expand operational capacity. The startup will focus primarily on research and development, scaling up manufacturing, team expansion and new product development, while also enhancing its existing product lines. “This investment from India Accelerator is not just capital — it’s a vote of confidence in a mission we’ve poured our hearts into. At Ammunic Systems, we’re not just building defence technologies; we’re building belief — that India can lead from the front in securing its own future.
Every system we design, every solution we test, is a step toward an India that stands stronger, more self-reliant, and future-ready.” said Priyanka Singhal, Founder of Ammunic Systems.
“India is at a critical point in its defence evolution, which makes import dependency and indigenous technological capabilities national priorities. Ammunic Systems exemplifies the deep-tech innovation that can strengthen our defence ecosystem and bolster self-reliance in weapon development,” said Ashish Bhatia, Founder & CEO of IA and Co-Founder, Finvolve.
About Ammunic systems
Ammunic Systems has been founded by Priyanka Singhal. Ammunic Systems is a defence R&D company focussed in the design & development of weapon systems with the core competence in the Advanced Electronic Fuzes, Warheads & Munition Integration Technologies. At Ammunic Systems, they have a team of experienced and skilled engineers who are experts in electronic design and development. They use the latest technologies and tools to deliver customized solutions that meet our client’s unique requirements. Their attention to detail and commitment to quality are what set us apart from other companies in the industry. The startup aims to scale its existing products and build new indigenous defence technologies.
Priyanka is CEO of the Company, who is recognized as a visionary leader in the Indian defense tech sector, building the company to develop advanced munitions and electronic fusing systems. Singhal’s vision for Ammunic Systems includes not only technological advancement but also a commitment to gender inclusion and creating a supportive environment for women in the defense industry.