Armory - About the company
Armory is a seed company based in Gurugram (India), founded in 2024 by Amardeep Singh. It operates as a Manufacturer of counter drone systems for detection and defense purposes. Armory has raised $3.78M in funding from Antler and growX ventures, with a current valuation of ₹*****. The company has 329 active competitors, including 64 funded and 24 that have exited. Its top competitors include companies like Epirus, BBBS and DroneShield.
Company Details
Manufacturer of counter drone systems for detection and defense purposes. It detect, track, and neutralize rogue drones for military and critical‑infrastructure‑protection use cases, combining purpose‑built hardware with AI‑driven software. It monitors airspace to detect threats and provides mechanisms to mitigate risks posed by small unmanned aircraft. It includes ground based units designed for deployment in various environments. The software platform unifies these components to facilitate threat identification and response.
- Website
- www.armory.in/
- Social
- Email ID
- *****@armory.in
- Phone Number
- +91 **********
- Registered Address
- Blue One Square, 246, Phase IV, Udyog Viha, Industrial Complex Dundahera, Gurgaon, Industrial Complex Dundahera, Haryana, India, 122016
Key Metrics
Founded Year
2024
Location
Gurugram, India
Stage
Seed
Total Funding
$3.78M in 3 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Mar 31, 2026
Ranked
18th among 329 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
25 as on Sep 30, 2026
Legal entities associated with Armory
Armory is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ARMORY SHIELD PRIVATE LIMITED CIN: U62013HR2024PTC118273 , India, Active | Jan 22, 2024 | 0 - ₹10 Cr (As on Mar 31, 2025) | - |
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Armory's funding and investors
Armory has raised a total funding of $3.78M over 3 rounds. Its first funding round was on Apr 09, 2025. Its latest funding round was a Seed round on Mar 31, 2026 for $*****. 5 investors participated in its latest round. Armory has 12 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Armory:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 31, 2026 | 5475333 | Seed | 4799462 | 6389249 | 7233170 | 9409780 |
May 03, 2025 | 5129080 | Seed | 9240305 | 6283420 | 6096853 | |
Apr 09, 2025 | 9239525 | Seed | 7305244 | 1728711 |
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Armory's founders and board of directors
Founder? Claim ProfileThe founders of Armory is Amardeep Singh. Amardeep Singh is the CEO of Armory.
Here are the details of Armory's key team members:
- Amardeep Singh: Founder & CEO of Armory and founder of 1 other company. They serve on the board of 1 company.Contact Info: 2 email addresses and 1 phone number
Armory's Board of Directors
Armory's board has 2 active members. Amardeep Singh and Ruhani Singh are part of team.Here is the list of Armory's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 2y 8m | |
Team | - | Current | 2y 8m |
View details of Armory's Founder profiles and Board Members
Armory's employee count trend
Armory has 25 employees as of Sep 26. Here is Armory's employee count trend over the years:
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Armory's Competitors and alternates
Top competitors of Armory include Epirus, BBBS and DroneShield. Here is the list of Top 10 competitors of Armory, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Epirus 2017, Los Angeles (United States), Series D | Developer of high-power microwave systems for electronic warfare and air defense | $595M | 67/100 | |
2nd | Manufacturer of electronic warfare systems and autonomous defense technology platforms | $37.7M | 65/100 | ||
3rd | DroneShield 2014, Herndon (United States), Public | Provider of AI-powered counter-drone systems | $26.2M | 65/100 | |
4th | D-Fend Solutions 2016, Netanya (Israel), Acquired | Developer of counter-drone systems for drone detection and mitigation purposes | $67M | 65/100 | |
5th |  Allen Control Systems 2024, Austin (United States), Series B | Provider of counter-drone robotic gun systems for military | $242M | 64/100 | |
6th | Deep-tech defence technology platform that develops AI-powered counter-drone and airspace security systems | $7.34M | 64/100 | ||
7th | Fortem Technologies 2016, Provo (United States), Series B | Developer of airspace security and defense solutions for drone threats | $94.1M | 64/100 | |
8th | Provider of technology for real-time detection and neutralization of drones | $7.83M | 63/100 | ||
9th | SkySafe 2015, San Diego (United States), Series B | Provider of cloud-connected drone detection systems | $49M | 62/100 | |
10th |  Zen Technologies 1993, Hyderabad (India), Public | Provider of defence training simulators, combat training centers, and anti-drone systems | - | 57/100 | |
18th | Manufacturer of counter drone systems for detection and defense purposes | $3.78M | 54/100 |
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Armory's Latest cap tables and shareholding
Founders (largest shareholder) own 54.35%, Funds own 22.42%, Enterprises own 1.09% and Angels own 0.11%. The net worth of Armory's founders is INR 125Cr as of Mar 31, 2026.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 54.35% | 125Cr | 1611040 | 8802541 | 3649732 | 6317892 |
1211561 | 7153218 | 6871735 | 7861823 | 4548740 | 7966635 | |
Fund | 22.42% | 51.6Cr | 9925799 | 9545264 | 5265141 | 9831763 |
2315 | 4183 | 7781 | 8529 | 8797 | 1919 | |
54 | 97 | 41 | 88 | 66 | 45 | |
1 | 5 | 6 | 6 | 5 | 6 | |
Enterprise | 1.09% | 2.5Cr | 5 | 7 | 6 | 6 |
Angel | 0.11% | 25.3L | 0 | 0 | 0 | 0 |
Other People | 0.55% | 1.26Cr | 0 | 0 | 0 | 0 |
ESOP Pool | 21.49% | 49.4Cr | 4098541 | 2528085 | 4558385 | 7269258 |
Total | 100.00% | 230Cr | 7933990 | 7654512 | 3381625 | 3236972 |
To unlock detailed Cap Table of Armory Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of Armory's Shareholding
Armory's Investments and acquisitions
Armory has made no investments or acquisitions yet.
Reports related to Armory
Here is the latest report on Armory's sector:
News related to Armory
Media has covered Armory for a total of 3 events in the last 1 year, 2 of them have been about company updates.
•
•
Armory Secures ₹100 Cr Ministry of Defence Order for AI Drone SystemWhalesbook•May 04, 2026•Armory, Gov.in, Ministry of Defence
•
Former ideaForge Executive’s Armory Bags Funding To Build Defence Tech SystemsInc42•Jun 25, 2025•Armory, ideaForge
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