Singapore: Innefu Labs, an Indian artificial intelligence company focused on national security and sovereign AI technologies, has secured a USD 30 million investment in its Series B funding round from Panthera Growth Partners (PGP), a Singapore-based growth equity firm.
The investment is aimed at supporting Innefu Labs’ expansion plans, accelerating deep-tech innovation, and preparing the company for a future initial public offering (IPO).
The funding, structured through a combination of primary and secondary transactions from Panthera Growth Partners’ second fund, comes at a time when India’s domestic procurement of critical security technologies is witnessing significant growth under the Government of India’s Atmanirbhar Bharat initiatives.
The investment also follows Innefu Labs’ successful expansion efforts in Middle Eastern markets and is expected to strengthen its international presence further.
According to the company, Innefu Labs has witnessed increasing momentum through a growing portfolio of contracts exceeding USD 10 million across sectors such as defense, intelligence, law enforcement, and revenue intelligence operations.
The fresh capital will support the next phase of growth for Innefu Labs, including international market expansion and enhanced research and development efforts focused on sovereign artificial intelligence capabilities.
The company plans to advance its proprietary Agentic AI platform, establish a dedicated Physical AI and robotics division, and develop sovereign AI infrastructure powered by secure, domain-specific language models designed for high-trust environments.
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Tarun Wig, Co-Founder and CEO of Innefu Labs, said: “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.”
He further added: “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 Opportunity
The domestic security technology sector continues to demand highly specialized capabilities that have historically been fulfilled by international defense technology providers.
In this environment, Innefu Labs has established itself as a key indigenous technology player by delivering AI-powered intelligence and security platforms for government agencies and enterprise clients.
The company’s deployments include several large-scale intelligence and security initiatives, such as:
- 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 Platforms for law enforcement and defense agencies
Abhishek Sharma, Co-Founder and CTO of Innefu Labs, highlighted the company’s long-term technology vision, saying: “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.”
The latest investment strengthens the position of Innefu Labs as a major player in India’s sovereign AI and national security technology ecosystem, while providing the resources required to scale globally and prepare for a future listing on public markets.
Panthera Growth Partners’ second fund is backed by institutional investors from India, the European Union, and the United States.
The fund focuses on growth-stage companies with proven product-market fit and typically deploys around USD 20 million per company across India and Southeast Asia.
The firm’s portfolio across its investment vehicles includes companies such as FoxTale, OfBusiness, Zivame, Travelstack Tech, EMotorad, and Flipspaces.
