Viridian Ingni Propulsion Pre-Seed (2026)
Viridian Ingni Propulsion raised 1.47 crore rupees in pre-seed funding, announced on 2026-10-29.
- Company
- Viridian Ingni Propulsion
- Round type
- Pre-Seed
- Date
- 2026-10-29
- Industry
- electric propulsion
- Location
- Chennai, India
Summary
Viridian Ingni Propulsion raised 1.47 crore rupees, about $175K by FinSMEs' estimate, in pre-seed funding announced on 2026-10-29. Inflection Point Ventures led.
Entrackr, The Hindu BusinessLine, and FinSMEs agree on the stage and the lead. The company also received grants of 53.75 lakh rupees from SIPCOT, MeitY Startup Hub, NIDHI PRAYAS, IIT Madras Research Park's RTBI programme, and Cummins CSR. The grants are not part of the round amount.
Investors
Lead
Sources
Last verified:
- https://entrackr.com/snippets/viridian-ingni-propulsion-raises-rs-147-cr-in-pre-seed-round-led-by-ipv-12763438
Type: reputable publication. Accessed 2026-10-30.
Entrackr, 29 Oct 2026, 11:44 IST. Says Chennai based deeptech startup Viridian Ingni Propulsion raised Rs 1.47 crore in a pre seed round led by Inflection Point Ventures (IPV), and received Rs 53.75 lakh in grants. Says founded in February 2024 by Sriram G and incubated at IIT Madras Research Park. - https://www.thehindubusinessline.com/companies/propulsion-start-up-viridian-ingni-raises-147-crore-in-pre-seed-round-led-by-inflection-point-ventures/article71639522.ece
Type: reputable publication. Accessed 2026-10-30.
The Hindu BusinessLine, BL Chennai Bureau, October 29, 2026. Says Viridian Ingni Propulsion, a Chennai-based propulsion technology start-up, raised Rs 1.47 crore in a pre-seed round led by Inflection Point Ventures, plus Rs 53.75 lakh in grants. - https://www.finsmes.com/2026/10/viridian-ingni-propulsion-raises-approx-175k-in-pre-seed-funding.html
Type: reputable publication. Accessed 2026-10-30.
FinSMEs, October 30, 2026. Says Viridian Ingni Propulsion, a Chennai, India-based developer of electric motors and propulsion systems, raised approximately $175k in pre-seed funding led by Inflection Point Ventures (IPV), with an additional $64k in non-dilutive grants. - https://buttondown.com/raisetrack/archive/raise-track-update-2026-10-30/
Type: other verified public source. Accessed 2026-10-30.
Raise Track Update for 2026-10-30, Section 1. Amount line ~$175K (Pre-Seed). Says led by Inflection Point Ventures (IPV), with an additional $64K in non-dilutive grants. The amount is approximate, so no US dollar amount is stored.