PE-VC Fund Investments

Innefu Labs raises $30-M in Series B funding

Economic Times  

New Delhi-based security and data analytics solutions provider Innefu Labs has raised USD 30-M in a Series B funding round, which includes a mix of primary and secondary capital from Panthera Growth Partners (through its second fund).Founded in 2010 by Tarun Wig, the company specializes in predictive policing, digital forensics, and threat detection platforms for defense, intelligence agencies, law enforcement, and enterprises.The new funds will be used to scale its proprietary agentic AI platform, establish a dedicated physical AI and robotics wing, and develop sovereign AI infrastructure with domain-specialised language models. It also intends to use the capital to support its expansion into international markets and prepare for an initial public offering.

In Apr 2017, Innefu Labs had attracted about $ 2 M from IndiaNivesh VC.For FY25, Innefu Labs had reported about INR 103 Cr in Operating Income and about INR 34 Cr in PAT.

Want to receive such news items in your inbox? Click Here to sign up for a trial.

2021 © TSJ Media Pvt Ltd. All rights reserved.