India, April 3 -- Defence tech startup Tonbo Imaging has reportedly raised INR 175 Cr (around $20.4 Mn) in a Series D funding round from Florintee Advisors and EXIM Bank at a valuation of INR 1,500 Cr.

"We believe that through the design of these biomimetic imaging and control systems, our products can revolutionise surveillance, reconnaissance and targeting for the next generation of warfare," Tonbo cofounder Arvind Lakshmikumar was quoted as saying to ET.

Inc42 has reached out to Tonbo Imaging for comments on the development. The story will be updated based on its responses.

Founded by Lakshmikumar, Ankit Kumar and Cecilia D'Souza in 2012, Tonbo Imaging builds and deploys solutions for military reconnaissance, infrastructure security...