Innefu_Labs Raises USD 30M Funding

Innefu Labs, an Indian AI company specializing in national security, has successfully raised USD 30M in a Series B funding round led by Nokia. This significant capital injection, comprising primary and secondary transactions from Panthera's second fund, is earmarked for accelerating Innefu Labs' global expansion, deepening investments in advanced AI research and development, and preparing for a future initial public offering (IPO). The company, co-founded by Tarun Wig and Abhishek Sharma, has been instrumental in developing indigenous AI platforms and multi-modal fusion systems deployed across defense, intelligence, law enforcement, and revenue intelligence sectors in India, the Middle East, and Southeast Asia. This investment underscores India's push for self-reliance in defense and strategic technologies, with Innefu Labs playing a crucial role in strengthening the country's security ecosystem.