Bengaluru-based defence startup Tonbo Imaging has raised $17 Mn in Series B funding led by WRV Capital. Qualcomm Ventures and Edelweiss Private Equity also participated in this round. The company was reportedly valued at about $62.5 Mn (INR 400 Cr). With this round of investment, G…
Tag: Tonbo
Start-ups serve India’s defence & profitably
Bengaluru: Last January, when Pathankot district in Punjab came under crossborder firing, the Indian army depended heavily on unmanned aerial vehicles (UAVs). The soldiers used them for border surveillance. Those UAVs were built by IdeaForge, a 100-people, Mumbai-based venture that was started in…
Tonbo Imaging to provide night vision to Peruvian Army
BENGALURU: Tonbo Imaging, a Bengaluru-based startup, has bagged a $100-million contract to manufacture and export ‘night-vision sights’ for guns to be sold by a US company to the Peruvian army. The device will be fitted on rifles supplied to Peru by US manufacturer Unified Weapon Systems (UWS). T…
VizExperts offers tech solution to defence
Gurgaon-based VizExperts’s startup story is that of a pivot from a software services company operating in the area of 3D graphics to that into a product company when it launched its revolutionary Digital Sand Model in 2011 after investing a couple of years into research and development. The…