India’s Tech Rise: Darwinbox’s $40M HR Tech Boost

India tech, defence technology, AI in defence, Indian startups, Darwinbox, HR tech, TVG investment, Made in India, drone technology, employee management software, Indian innovation, startup funding, future of work, global HR solutions, smart HR tools

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India is having a breakthrough moment in defence technology, with local startups and young engineers now creating techy gear like drones and AI-powered systems. Government reforms and big investments have turned the country into a place where defence dreams are made real, putting “Made in India” on world-class equipment.

Here are key details on Indian defence tech startups that received funding in August 2025:

EyeROV (Kochi)

  • Focus: Underwater robotics and remotely operated vehicles (ROVs).
  • Latest Funding: USD 1.2 million (~INR 10 crore) in a Pre-Series A round led by Unicorn India Ventures (August 2024), with continued funding momentum extending into 2025 for scaling defense applications.
  • Overview: Designs underwater drones used for inspecting ship hulls, dams, and offshore platforms, now increasingly adapted for naval and maritime defense surveillance.

Optimized Electrotech (Ahmedabad)

  • Focus: Long-range multispectral surveillance systems for border and critical infrastructure protection.
  • Latest Funding: USD 6 million (~INR 51 crore) in Series A funding (April 2025), indicating ongoing investor interest in its defense applications through August.
  • Overview: Known for imaging systems with threat detection up to 50km and collaborations with ISRO and DRDO for space and defense sensors.

Garuda Aerospace (Chennai)

  • Focus: Drone manufacturing for industrial and defense use.
  • Latest Funding: USD 12 million (~INR 100 crore) in Series B funding (April 2025), with steady expansion in both civilian and defense markets throughout 2025.
  • Overview: Developed 30+ UAV models, with applications in reconnaissance, surveillance, and logistics for armed forces operating in hostile areas.

Big Bang Boom Solutions (Chennai)

  • Focus: Anti-drone systems, smart munitions, ruggedized military hardware.
  • Latest Funding: USD 30 million (~INR 250 crore) in venture rounds (September 2024), with further contracts and grants continuing into 2025.
  • Overview: Maker of ‘Vajra Sentinel’ anti-drone defense systems, supported by large defense ministry contracts and DRDO grants.

NewSpace Research and Technologies (Bengaluru)

  • Focus: Autonomous systems and swarming drones.
  • Latest Funding: USD 52 million (~INR 431 crore) (March 2024), with increased funding activity observed in 2025 reflecting its core strategic value.
  • Overview: Builds AI-driven swarm drones and autonomous systems for Indian Air Force and DRDO.

Tonbo Imaging (Bengaluru)

  • Focus: Advanced night vision, thermal imaging, and targeting systems.
  • Latest Funding: Notably received government contracts and consistent funding in 2025 for tactical imaging, weapon sights, and multispectral surveillance.

Meanwhile, HR tech innovator Darwinbox just raised $40 million from TVG, pushing its reach to over 4 million employees across 130 countries. Their software, trusted by big names from Starbucks to Nivea, helps companies care for people better through smart, easy-to-use tools that predict needs and spot problems early.

Both stories prove India’s progress is about more than tech: it’s about people coming together to build, solve, and lift each other up, for safety, for opportunity, for the future.

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