Tardid Technologies, a leading AI firm based in Bangalore, recently secured strategic funding from two prominent investors, Samarthya Investment Advisors and Pegasus India Evolving Fund. This investment signifies the growing recognition of Indian aerospace and defence companies in the investment landscape.

Samarthya Investment Advisors, headquartered in Mumbai, specializes in supporting early-stage ventures in DefenceTech, DeepTech, and CleanTech sectors. Their investment in Tardid aligns with the company’s mission of developing essential technologies for armed forces, with future global export potential. Additionally, Pegasus India Evolving Fund, an Impact Fund, shares Tardid’s vision of innovation with social and environmental impact.

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Founded in 2016 by Niladri Dutta and Aastha Verma, Tardid Technologies is known for its proprietary Brainbox Artificial Intelligence Platform. The company caters to clients in defence, oil & gas, and marine industries, offering niche AI-based solutions. Notable achievements include winning projects under the Ministry of Defence and being recognized by Gartner as a leading IT Provider for Digital Twin.

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Tardid Technologies aims for international expansion, positioning itself as a prominent player in the global defence and technology sectors. Image: X)

Samarthya’s decision to invest in Tardid is attributed to the company’s unique position in the AI vertical, with applications spanning various sectors such as defence, railways, maritime, aerospace, and industrial sectors. The funding infusion will fuel Tardid’s growth trajectory, facilitating expansion into international markets and acquiring new customers.

Jatin Karani, Partner at Samarthya, expressed enthusiasm about Tardid’s potential in the AI vertical, particularly its Brainbox platform for defence applications. Karan Goshar, another Partner at Samarthya, highlighted the platform’s potential for asset digitization and health monitoring.

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With this strategic funding, Tardid Technologies aims for international expansion, positioning itself as a prominent player in the global defence and technology sectors. The company remains committed to realizing the vision of Aatmanirbhar Bharat, striving to be a leader in innovation on a global scale.