Defencetech startup Constelli has raised $20 Mn (about ₹182 Cr) in a fresh funding round led by General Catalyst
It plans to use the funds to accelerate R&D for its electronic warfare and communication payloads across multiple platforms
The startup had last raised $3 Mn in its pre-Series A round in 2025, bringing its total funding raised to date to $23 Mn (₹209.36 Cr)
Defencetech startup Constelli has raised $20 Mn (about ₹182 Cr) in a fresh funding round led by General Catalyst. The round also saw participation from 360 ONE Asset as well as existing investor Pravega Ventures.
The Hyderabad-based startup plans to use the fresh capital to accelerate research and development for its electronic warfare and communication payloads across platforms such as drones, ground systems, naval vessels and satellites. It also plans to deploy capital towards building infrastructure for rapid prototyping and initial production, enabling faster deployment of field-ready systems.
Founded in 2017 by Satya Gopal Panigrahi and Avinash Chenreddy, Constelli specialises in advanced signal processing, radar systems and electronic warfare (EW) solutions for aerospace and defense. It develops mission-critical systems like telemetry receivers, EW simulators and tactical radios for real-time threat analysis.
The startup had last raised $3 Mn in its pre-Series A round in 2025, bringing its total funding raised to date to $23 Mn (₹209.36 Cr).
Constelli works with organisations such as DRDO, the Indian Air Force, HAL, and BEL, and is also looking to expand its footprint in export markets like South Korea and Australia.
The investment comes at a time when defencetech startups are attracting increased investor interest, supported by the Centre’s push for self-reliance in the sector as India aims to transition from being one of the world’s largest importers to a global manufacturing hub. Policy initiatives such as Defense Innovation Organisation’s iDEX, along with initiatives like Make in India and Aatmanirbhar Bharat Abhiyan, have created collaboration opportunities between startups, the armed forces, and defense public sector undertakings.
“Policy support from the MoD, the armed forces, and DRDO, combined with increasing financial backing and abundant technical talent, have created the strongest foundation yet for building world-class defense companies in India,” Panigrahi said.
It is important to highlight, startups in this segment recorded their highest yearly funding inflow to date of $247 Mn in 2025, taking cumulative funding to $711 Mn over the past ten years. The funding has largely been fuelled by non-combat systems such as drones, anti-drone technologies, AI, and secure communications, which account for roughly 78% of the total capital.
According to Inc42’s India’s Defense Tech Startup Ecosystem Report 2025the country’s defence tech market is projected to grow at a CAGR of 20% from $7.6 Bn in 2025 to $19 Bn by 2030.
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