Innefu Labs has raised $30 million from Panthera Growth Partners to fund its next phase of scaling, accelerate international market expansion, and support deep-tech R&D anchored in its sovereign capabilities.
The capital injection, completed through a combination of primary and secondary transactions from Panthera’s second fund, will specifically be used to advance the company’s proprietary Agentic AI platform, establish a dedicated Physical AI (robotics) wing, and develop secure, domain-specialized language models built for high-trust environments. The funding also positions the company for an .
This latest investment follows earlier fundraising efforts, which included backing from First Bridge Investment Managers in 2017.
Benefiting from a sharp increase in domestic procurement driven by India’s sovereign defence initiatives, the company has grown to achieve consistent revenues above ₹100 crore.
This commercial momentum is further reflected in a growing pool of multiple contracts valued at over rupees 100 crore each across defence, intelligence, law enforcement, and revenue intelligence operations.
Commenting on the investment, Tarun Wig, Co-Founder and CEO of Innefu Labs, emphasized the strategic importance of localized defence technology, stating, “When we started Innefu, our vision was clear: India should never have to depend on external technologies to secure its people, its institutions, or its digital future. Over the last fifteen years, we have transformed that vision into reality, building indigenous AI-powered platforms that protect critical national assets, empower decision-makers, and strengthen the country’s security ecosystem… We believe the next wave of technological leadership will belong to nations that own their intelligence capabilities.”
Shilpa Kulkarni, Founder and Managing Partner of Panthera Growth Partners, highlighted the operational readiness behind the investment decision, adding: “Innefu has built native, AI-powered software that solve critical challenges in national defence and enterprise security infrastructure. Our investment decision is based on their proprietary technology, deep domain expertise, and a proven track record in high-stakes, mission-critical environments. We are partnering with Innefu to support their growth ambitions as they prepare for public markets.”
In terms of operations, Innefu Labs is a fully indigenous artificial intelligence company founded in 2010 by Tarun Wig and Abhishek Sharma.
The firm focuses on high-tech research and development within the national and cyber security domains, engineering indigenous software platforms and multi-modal fusion systems designed to meet complex technical standards historically supplied by international defence vendors.
Its products serve a diverse client base that includes defence and intelligence organizations, law enforcement agencies, financial intelligence units, BFSI companies, and top Fortune 500 corporations.
With more than 100 installations across the Indian subcontinent, the Middle East, and Southeast Asia, Innefu’s infrastructure has been deployed across multiple national-scale security environments.
Notable projects include India’s first National Terrorism Data Fusion Centre, Southeast Asia’s largest operational Intelligence Fusion Centre, revenue intelligence platforms, predictive policing networks, and indigenous open-source intelligence (OSINT) and deep web fusion systems built for high-trust investigative and defence operations.