Ending Soon! Save 33% on All Access

AjnaLens Raises INR 12 Crore The funds will be used to propel tech innovation, increase manufacturing in India, expand the team and customer base

By Shrabona Ghosh

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Company handout

AjnaLens, Mumbai-based XR hardware and software company, has raised INR 12 crore from Let's Venture Angel Fund, JITO Angel Network and angel investors, in another round of a pre-Series A funding.

The funds will be used to propel tech innovation, increase manufacturing in India, expand the team and customer base.

"Just a few years back, startups were lagging behind in competing with the established defense companies. Now, the Indian defense system is booming with a range of defense startups. AjnaLens is one of them and we are proud to back the dynamic team who have developed critical solutions for the security and defense space," said Sunil Kumar Singhvi, vice chairman JITO Angel Network.

"With rapid adoption of technology, deeper Internet penetration in India, terms like metaverse will become common tech vocabulary in the near future. We thank the investors for believing in our vision to augment human intelligence and empowering them to progress towards higher awareness. Focusing on growth, AjnaLens will utilize the funds to propel tech innovation, manufacturing in India, expanding team and customer base," said Abhijit Patil, co-founder and COO, AjnaLens.

AjnaLens is helping India's government and fortune 500 companies in digital transformation by providing end-to-end solutions related to VR training simulations, AR-based remote assistance, digital twin, enterprise metaverse as well as providing indigeneous defense solutions like see-through armor to Indian defense forces, said a statement.

Shrabona Ghosh


A journalist with a cosmopolitan mindset. I lead a project called 'Corporate Innovations' wherein I cover corporates across verticals and try to tell stories on innovations. Apart from this, I write industry pieces on FMCGs, auto, aviation, 5G and defense. 
Thought Leaders

Need More Confidence? These 10 Bestselling Books Will Help Improve Your Self-Esteem

Self-esteem can be hard to come by and even harder to maintain. To give yourself a boost, try these authors' words of wisdom.


How to Break Free From the Cycle of Overthinking and Master Your Mind

Discover the true cost of negative thought loops — and practical strategies for nipping rumination in the bud.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

News and Trends

Soleos Solar Energy Secures INR 48.5 Cr Funding

This funding infusion will help the company in generating its working capital, global renewable energy portfolio development and establishing manufacturing facilities across the globe.

Business News

Court Halts Graceland Foreclosure, Elvis' Granddaughter Calls Paperwork 'Forgeries'

The 13.8-acre estate was scheduled to be sold in a public foreclosure auction on Thursday. Presley's granddaughter and heir, Riley Keough, is fighting to save Graceland in court.

Business News

Target Is Lowering Prices on Thousands of Items — Here's Where You Can Expect to Save

The news was announced ahead of Target's Q1 2024 earnings call, expected to occur Wednesday at 10 a.m. EST.