1. Composio

IITB Alumni Fuel the Future of Learning AI with $25M Series A Funding for Composio

IIT Bombay alumni, Mr. Soham Ganatra (B.Tech., Computer Science Engineering, 2017) and Mr. Karan Vaidya (B.Tech., Computer Science Engineering, 2017), co-founders of the San Francisco–based Composio, have secured $25 million in Series A funding led by Lightspeed Venture Partners. Their startup is pioneering agentic AI—systems that execute tasks, and learn and evolve with every use. Unlike conventional AI that stays static, Composio’s technology builds experience over time, unlocking powerful new possibilities for enterprise automation. This latest funding will accelerate their mission to develop a robust learning infrastructure and reshape how intelligent systems grow.

Their bold vision is making headlines across major publications:

• Times of India: AI startup Composio raises $25 million led by Lightspeed Venture Partners
• Economic Times: Agentic AI startup Composio raises $25 million in funding round led by Lightspeed
• Moneycontrol: Composio raises $25 million in Series A led by Lightspeed Venture Partners
• Tech in Asia: Lightspeed Venture leads $25M round of US AI startup Composio
• CNBCTV18: Composio raises $25 million to build learning AI for enterprise automation
• NewsBytes: IIT Bombay grads’ AI startup Composio raises $25 million

This is a proud moment for IIT Bombay as its alumni continue to push the boundaries of innovation and redefine the future of AI on the global stage.

2 – Armory

IITB Alumnus-Led Armory Secures Rs. 13 Cr to Tackle Rogue Drones

Image Courtesy: LinkedIn

IIT Bombay alumnus, Mr. Amardeep Singh (B.Tech. + M.Tech. Dual Degree, Aerospace Engineering, 2008), has raised Rs. 13 crore to scale up his startup Armory for its AI-powered counter-drone systems. Designed to protect India’s borders, Armory’s flagship Samaritan OS uses advanced AI to detect and neutralise rogue drones. With primary clients including the Indian Army and paramilitary forces, the company is now focused on accelerating development and expanding into commercial markets.

Explore the full story on CNBCTV18 to see how this IIT Bombay-led innovation is shaping the future of defence technology:

CNBCTV18: Defence startup Armory raises funds to scale AI-powered drone tech

This milestone underscores the growing role of IIT Bombay alumni in advancing India’s strategic capabilities through cutting-edge innovation.