Ammunic Raises $1.1 Mn; Yali Capital Closes ₹893 Cr Deeptech Fund
The Indian startup ecosystem has witnessed a significant surge in funding deals in recent times, with a particular focus on deeptech innovations. In a recent development, Ammunic Systems, a defence-tech startup, has raised $1.1 million in seed funding to advance its innovations. Separately, Yali Capital has closed its ₹893 crore deeptech fund, backed by prominent investors like Infosys and Qualcomm Ventures. This fund will support startups in semiconductors, AI, robotics, and aerospace, marking a significant boost for India’s deeptech ecosystem.
Ammunic Systems, a startup that specializes in developing advanced defence technologies, has secured $1.1 million in seed funding. The funding round was led by India Accelerator and Finvolve, with participation from other investors. The startup plans to utilize this funding to accelerate the development of its innovative defence solutions, which include advanced radar systems, electronic warfare capabilities, and cybersecurity solutions.
Ammunic Systems’ technology has the potential to revolutionize the defence industry, providing advanced capabilities to military forces and law enforcement agencies. The startup’s innovative solutions are designed to be agile, adaptable, and reliable, making them an attractive option for defence forces worldwide. With this funding, Ammunic Systems is poised to take its innovations to the global market, marking a significant milestone for the Indian defence-tech industry.
On the other hand, Yali Capital has closed its ₹893 crore deeptech fund, which will support startups in semiconductors, AI, robotics, and aerospace. The fund has received backing from prominent investors like Infosys, Qualcomm Ventures, and others. This fund is designed to support early-stage startups that are developing innovative technologies in these sectors.
Yali Capital’s deeptech fund will provide critical funding to startups that are working on cutting-edge technologies. The fund’s focus on semiconductors, AI, robotics, and aerospace is a significant development for India’s deeptech ecosystem, which has been gaining momentum in recent times. The fund’s investors, including Infosys and Qualcomm Ventures, have a deep understanding of the global tech landscape and will provide valuable guidance to the startups they invest in.
The closure of Yali Capital’s deeptech fund marks a significant milestone for India’s startup ecosystem, which has been growing rapidly in recent times. The fund’s focus on deeptech innovations will provide a critical boost to the ecosystem, which has been facing challenges in terms of funding and talent. The fund’s investors, including Infosys and Qualcomm Ventures, have a deep understanding of the global tech landscape and will provide valuable guidance to the startups they invest in.
In conclusion, Ammunic Systems’ $1.1 million seed funding and Yali Capital’s ₹893 crore deeptech fund closure mark significant developments for India’s startup ecosystem. These funding deals demonstrate the growing interest in deeptech innovations and the potential of Indian startups to develop cutting-edge technologies. As the startup ecosystem continues to evolve, these funding deals will play a critical role in shaping the future of India’s tech industry.
Source: https://startuptalky.com/news/daily-indian-funding-roundup-key-news-25-july-2025/
