• Startup Pulse
    Vama raises ₹19.03 crore in ongoing pre-Series A funding led by Writers and Publishers Private Limited (Dainik Bhaskar family office). CHOSEN raises an undisclosed amount in a Series A extension from Wellbeing Nutrition founders Avnish Chhabria and Saurabh Kapoor. QwikBuild raises $2.3 million in pre-seed funding led by Globalway, with Blume Ventures, DeVC and Marsshot participating. BE Hub opens applications for Udaan, its first 12-week accelerator cohort for deep-tech and technology-led startups, closing 18 November. dubdub raises $1.3 million in seed funding co-led by 3one4 Capital, Antler and Stellaris. Vama raises ₹19.03 crore in ongoing pre-Series A funding led by Writers and Publishers Private Limited (Dainik Bhaskar family office). CHOSEN raises an undisclosed amount in a Series A extension from Wellbeing Nutrition founders Avnish Chhabria and Saurabh Kapoor. QwikBuild raises $2.3 million in pre-seed funding led by Globalway, with Blume Ventures, DeVC and Marsshot participating. BE Hub opens applications for Udaan, its first 12-week accelerator cohort for deep-tech and technology-led startups, closing 18 November. dubdub raises $1.3 million in seed funding co-led by 3one4 Capital, Antler and Stellaris.
  • India to Indigenously Produce HAMMER Smart Precision Guided Weapon Under BEL-Safran JV

    HAMMER Smart Precision Guided Weapon

    New Delhi: In a significant boost to India’s defence manufacturing ecosystem, Bharat Electronics Limited (BEL) and Safran Electronics & Defence (SED), France have entered into a Joint Venture Cooperation Agreement (JVCA) for the production of the HAMMER Smart Precision Guided Weapon in India.

    The collaboration supports the national vision of Aatmanirbhar Bharat and Make in India. The JVCA was formally signed on November 24, 2025, in New Delhi by BEL Chairman and Managing Director Manoj Jain and SED Executive Vice President Alexandre Ziegler.

    The signing ceremony was attended by Sanjeev Kumar, Secretary (Defence Production), and Safran CEO Olivier Andries.

    Also Read: Tata Advanced Systems and Safran Inaugurate LEAP Engine Manufacturing Facility in Hyderabad

    JV Aims to Accelerate Local Production of HAMMER Smart Precision Guided Weapon

    The agreement follows the Memorandum of Understanding (MoU) signed between BEL and SED during Aero India on February 11, 2025.

    It confirms the commitment of both organisations to establish a Joint Venture Company (JVC) in India with equal 50:50 shareholding.

    The proposed JVC will oversee the indigenous manufacturing, supply, and maintenance of the HAMMER Smart Precision Guided Weapon, ensuring timely support to the operational requirements of the Indian Air Force and Indian Navy.

    Indigenisation to Reach 60% Through Phased Local Manufacturing

    The joint venture targets an indigenisation level of up to 60%, with critical sub-assemblies, electronics, and mechanical components planned for local production.

    The transfer of production will take place in phases, with BEL handling final assembly, quality assurance, and system testing.

    Also Read: Godrej Aerospace Secures Safran Aircraft Engines Contract for LEAP Engine Components

    HAMMER Smart Precision Guided Weapon: Combat-Proven Technology for Multiple Fighter Platforms

    The HAMMER system, a combat-proven precision-guided air-to-ground weapon, is valued for its high accuracy, modular architecture, and platform versatility. It is compatible with aircraft such as the Rafale and the Light Combat Aircraft (LCA) Tejas.

    Strengthening India’s Defence Industrial Base

    This JVCA reinforces BEL’s commitment to expanding India’s defence manufacturing capabilities and leverages Safran’s global experience in smart precision-guided weapons.

    The collaboration is expected to strengthen India’s self-reliance in advanced air-to-ground weapon systems.

    Author

    • Salil Urunkar

      Salil Urunkar is a senior journalist and the editorial mind behind Sahyadri Startups. With years of experience covering Pune’s entrepreneurial rise, he’s passionate about telling the real stories of founders, disruptors, and game-changers.

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