Event
Apollyon Dynamics receives ₹30 lakh NIDHI seed support at ₹20 Cr valuation
Key points
- Apollyon Dynamics received around ₹30 lakh under the NIDHI Seed Support Program through the BITS Pilani incubator society PIEDS.
- The funding was reported at a valuation of ₹20 Cr.
- The company said it planned to raise additional capital and hire for marketing and operations as order discussions expanded.
Company context
Apollyon Dynamics is an Indian defence UAV startup building autonomous strike platforms, high-speed kamikaze drones, FPV systems and deployable drone infrastructure for contested environments. The company was founded by BITS Pilani Hyderabad students Jayant Khatri and Sourya Choudhury and has supplied UAV systems to Indian Army units.
Context
- Company
- Apollyon Dynamics
- Segment
- Defence
- Event type
- Funding
- Geography
- Hyderabad, Telangana · India