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June 2026 | New Delhi : Innefu Labs, India’s leading Artificial
Intelligence company in the space of National Security, founded by Tarun Wig
and Abhishek Sharma, has raised USD 30M from Panthera Growth Partners, marking
one of the most significant milestones in India's National Security technology
sector. The company has been at the forefront of creating indigenous platforms
and multi-modal fusion systems currently deployed across defense, intelligence,
law enforcement, revenue intelligence, and large enterprise clients.
The
capital injection, completed through a combination of primary and secondary
transactions from Panthera’s second fund, positions Innefu for an IPO and
accelerates its push into international markets after Innefu’s initial
successful forays in Middle East.
The
investment comes as India's sovereign defense initiatives drive sharply
increased domestic procurement of critical security technologies. Building on
consistent revenues above ₹100 crore, Innefu’s momentum is reflected in a
growing pool of multiple ₹100 crore+ contracts spanning defense, intelligence,
law enforcement, and revenue intelligence operations.
The
proceeds will fund Innefu's next phase of scaling and global expansion,
alongside deep-tech R&D anchored in its AI-first, sovereign capabilities.
This includes advancing its proprietary Agentic AI platform, establishing a
dedicated Physical AI (robotics) wing, and developing sovereign AI
infrastructure with secure, domain-specialized language models built for
high-trust environments.
Tarun
Wig, Co-Founder and CEO of Innefu Labs, stated:
"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
now intend to scale our innovations faster, deepen our investments in advanced
AI and further enhance our autonomous decision-support systems. We believe the
next wave of technological leadership will belong to nations that own their
intelligence capabilities, and Innefu is committed to ensuring that India
stands at the forefront of that transformation.
What
excites us most is that we are still at the beginning of our story. The
foundations have been laid, the talent is in place, and the mission has never
been clearer. With this new chapter, we are not just building a company, we are
helping build the technological backbone of a secure, self-reliant, and
AI-powered India for generations to come."
Shilpa
Kulkarni, Founder and Managing Partner of Panthera Growth Partners, stated: "Innefu has built native, AI-powered
software that solve critical challenges in national defense 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."
Operational
Footprint and Market Context
The
domestic security technology market involves complex technical requirements
historically met by international defense vendors. Innefu's deployments include
several national scale AI intelligence fusion centres including India's first
National Terrorism Data Fusion Centre, Southeast Asia's largest operational
Intelligence Fusion Centre, Revenue Intelligence Fusion Platforms, Predictive
Policing Platforms, Indigenous open-source intelligence (OSINT) and Deep Web
Fusion Platform for Law Enforcement & Defense Agencies.
Abhishek
Sharma, Co-Founder and CTO of Innefu Labs, added:
"For over a decade, we've solved mission-critical challenges for defense,
intelligence, and investigative agencies. As governments worldwide move toward
AI-driven decision-making, our mission is to build trusted, AI-first indigenous
platforms that strengthen national security and keep critical data & platforms
sovereign. This funding accelerates our next chapter: advancing our Agentic AI
capabilities, venturing into Physical AI and robotics, and expanding globally,
building the full sovereign AI stack that high-trust environments demand"
Krishan
Kant Rathi, Managing Partner at First Bridge Investment Managers, stated: “We
are proud to have backed Innefu Labs in 2017, recognizing its vision to build
AI-driven platforms for India’s critical sectors. It is immensely satisfying to
see Innefu emerge as a key technology partner for national intelligence and
investigative agencies. This funding round will further accelerate its growth
and global expansion.”
Panthera’s
second fund, backed by institutional investors from India, the European Union,
and the United States, focuses on growth-stage companies with established
product-market fit, deploying an average capital allocation of USD 20 million
per company across India and Southeast Asia. The firm’s historical portfolio
across its fund vehicles includes allocations in FoxTale, OfBusiness, Zivame,
Travelstack Tech, EMotorad, Flipspaces etc.
About
Innefu Labs
Founded
in 2010 by Tarun Wig and Abhishek Sharma, Innefu is an AI driven company in the
field of National and Cyber Security. The company was started with a clear focus
to carry out high Tech R&D which fuels innovation and leads to products
which can capture the global market and be the cornerstone of the economy of
the country. Innefu is a fully indigenous Artificial Intelligence company
committed to strengthening National and Cyber Security. With more than 100+
installations across Indian Subcontinent, Middle East and South East Asia, the
company is today a de-facto leader in developing and deploying AI for National
and Cyber Security.
The
company with its own range of products serves a diverse client base including
Defense and Intelligence organizations, Law Enforcement Agencies, Financial
Intelligence Units, BFSI as well as top Fortune 500 companies. Having worked
with some of the most sensitive organizations the company has a deep
understanding of handling sensitive and critical installations.
For
more information, visit www.innefu.com