IG Defence

Inventgrid India Private Limited dba IG Defence, based in India, specializes in the design and manufacturing of unmanned aerial systems and counter-drone solutions for defense and humanitarian sectors. Founded in 2018, Inventgrid India Private Limited dba IG Defence operates out of Noida, India, focusing on unmanned aerial systems and counter-drone technologies. The company has successfully completed one deal, raising INR 460 million in pre-Series A funding in March 2026 from investors including India Accelerator and Finvolve. The total amount raised to date stands at INR 460 million, with a current valuation of INR 4200 million.

The company was co-founded by Bodhisattwa Sanghapriya (CEO), Shuvam Dash, Ashish Jena, Santosh Mishra, Sambit Parida, and Om Prakash. IG Defence specializes in the design and manufacturing of unmanned aerial systems (UAS) and advanced counter-drone technologies, catering primarily to defence and humanitarian sectors. The company's core offerings include a range of mission-ready drones such as the indigenous FPV combat drone, IG FPV Striker, designed for precision strike missions, and the IG GAJA, a heavy-lift logistics drone engineered to facilitate aerial delivery in challenging environments. Additionally, IG Defence provides tactical ISR platforms, including the IG JAGA MAX, and anti-drone solutions such as the RF-Based T-SHUL series of jammers.

These products serve diverse end-users, including military organizations, government agencies, and humanitarian aid groups across various geographical markets, including India, Southeast Asia, and emerging markets where defense capabilities are being rapidly developed. IG Defence operates on a direct B2B transaction model, primarily engaging with governmental and military clients through structured partnerships and contracts. Revenue is generated from the sale of its flagship products, including the IG FPV Striker and IG GAJA, which are priced based on their specifications and capabilities for specific missions. The company also offers subscription-based services for maintenance and software updates tailored for its drone systems, ensuring operational readiness and compliance with evolving technology standards.

Transactions typically involve multi-year contracts that encompass not only the initial procurement of hardware but also ongoing support and training, further solidifying the company's role as a critical partner in modern defense infrastructure. In March 2026, IG Defence raised INR 460 million in pre-Series A funding, which will be utilized to support product development and expansion initiatives. The company is focused on designing new products to enhance its offerings and plans to expand into emerging markets across Southeast Asia by the end of 2026. These initiatives are aimed at strengthening the company's market presence and addressing the growing demand for advanced defense technologies.