# Panthera Growth Partners Invests USD 30 Million in Innefu Labs Series B Round

- Link: https://www.thailand-business-news.com/pr-news/panthera-growth-partners-invests-usd-30-million-in-innefu-labs-series-b-round
- Published: 2026-06-05T11:30:00+07:00
- Author: PR Newswire

Backs India’s sovereign AI security platform ahead of IPO

 ◦ **Innefu Labs achieves Series B Capital to Scale Sovereign National Security 
   AI**
 ◦ **Innefu labs on pathway for IPO**
 ◦ **The transaction occurs amid accelerating domestic procurement cycles driven
   by the Government of India’s Atmanirbhar Bharat mandates**

SINGAPORE, June 5, 2026 /PRNewswire/ — Panthera Growth Partners (PGP), a Singapore-
based growth equity firm, today announced a USD 30 million investment in Innefu 
Labs, India’s leading artificial intelligence company in the space of National Security
and creating indigenous platforms & multi-modal fusion systems currently deployed
across defense, intelligence, law enforcement, revenue intelligence, and large enterprise
clients. The capital injection, completed through a combination of primary and secondary
transactions from Panthera’s second fund, positions Innefu for an IPO and accelerates
its push into international markets after Innefu’s initial successful forays in 
Middle East.

The investment comes as India’s sovereign defense initiatives drive sharply increased
domestic procurement of critical security technologies. This is evident from Innefu’s
momentum in a growing pool of USD 10 million + contracts spanning defense, intelligence,
law enforcement, and revenue intelligence operations.

The proceeds will fund Innefu’s next phase of global market expansion, alongside
deep-tech research and development anchored in its AI-first, sovereign capabilities.
This includes advancing its proprietary Agentic AI platform, establishing a dedicated
Physical AI (robotics) wing, and developing sovereign AI infrastructure with secure,
domain-specialized language models built for high-trust environments.

**Tarun Wig, Co-Founder and CEO of Innefu Labs, stated: **"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.

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 Context**

The domestic security technology market involves complex technical requirements 
historically met by international defense vendors.

Innefu’s deployments include several national scale AI intelligence fusion centres
including:

 ◦ 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 Platform for 
   Law Enforcement & Defense Agencies.

**Abhishek Sharma, Co-Founder and CTO of Innefu Labs, added: **"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"

Panthera’s second fund, backed by institutional investors from India, the European
Union, and the United States, focuses on growth-stage companies with established
product-market fit, deploying an average capital allocation of USD 20 million per
company across India and Southeast Asia. The firm’s historical portfolio across 
its fund vehicles includes allocations in FoxTale, OfBusiness, Zivame, Travelstack
Tech, EMotorad, Flipspaces etc.

**About Panthera Growth Partners**

Panthera Growth Partners is a growth equity investment firm investing in next generation
technology leveraged businesses. We are differentiated by our deep network of operational
resources and industry relationships, systematic value creation process, and strong
execution capability.

For more information, visit [www.pantheragp.com](https://www.pantheragp.com/).

**About Innefu Labs**

Founded in 2010, Innefu is an AI driven company in the field of National and Cyber
Security. The company was started with a clear focus to carry out high Tech R&D 
which fuels innovation and leads to products which can capture the global market
and be the cornerstone of the economy of the country. Innefu is a fully indigenous
Artificial Intelligence company committed to strengthening National and Cyber Security.
With more than 100+ installations across Indian Subcontinent, Middle East and South
East Asia, the company is today a de-facto leader in developing and deploying AI
for National and Cyber Security.

The company with its own range of products serves a diverse client base including
Defense and Intelligence organizations, Law Enforcement Agencies, Financial Intelligence
Units, BFSI as well as top Fortune 500 companies. Having worked with some of the
most sensitive organizations the company has a deep understanding of handling sensitive
and critical installations.

For more information, visit [www.innefu.com](https://www.innefu.com/).

---

  |  This article was produced by Cision PR Newswire, our trusted news partner. The views expressed and the content presented here are solely those of the author and may not fully reflect the opinions of Thailand Business News. |

---

 
**Read the original article :** [Panthera Growth Partners Invests USD 30 Million in Innefu Labs Series B Round ](http://www.prnasia.com/story/archive/4976830_AE76830_0?rand=184833)
