Parshu Tactical Defence secures pre-seed angel backing at ₹50 crore valuation

Parshu is incubated at IIT Madras Pravartak and at KIIT Technology Business Incubator through the GENESIS programme.

Nov 12, 2026 - 00:26
Nov 12, 2026 - 10:28
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Parshu Tactical Defence secures pre-seed angel backing at ₹50 crore valuation
“Parshu Tactical Defence secures pre-seed angel backing at ₹50 crore valuation”
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12 Nov 2026
https://hindustanmetro.com/parshu-tactical-defence-secures-pre-seed-angel-backing-at-50-crore-valuation
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Parshu Tactical Defence secures pre-seed angel backing at ₹50 crore valuation

Alwar, Rajasthan | 8 November 2026. Parshu Tactical Defence has secured pre-seed angel backing at a ₹50 crore valuation. Manufacturing of its unmanned surface vessel (USV) demonstrator is underway, with the hull complete and the vessel targeted to be ready by mid-January 2027. The company’s in-house Level 4 maritime autonomy software is about 70% complete, with development targeted to finish by the end of December 2026.

Parshu is incubated at IIT Madras Pravartak and at KIIT Technology Business Incubator through the GENESIS programme. The company reports ₹50 lakh in grant support through each incubator. The company was also selected for a poster presentation at the Emerging Science, Technology and Innovation Conclave (ESTIC) 2026.