India, June 25 -- 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 Industrial 47, Antler, AC Ventures and Dexter Ventures.

The startup plans to use the fresh funds for research and development as well as expand its manufacturing capacity.

"It's increasingly obvious that the future of warfare is autonomous drones and electronic warfare. The only way to deter them is to build advanced countermeasures. Foundation of India's self-reliant defence is being built right now, and we aim to play a leading role in it," said Singh, founder of Armory.

Founded in 2024, Armory builds ...