Team Startupcity

• Brihaspathi Technologies raises $10 million from FIIs to fuel expansion.
• Plans underway for a 72,000 sq. ft. manufacturing unit and 400+ new hires.
• Prepares for FY 2026–27 IPO; wins major AI surveillance project from MSRTC.

Hyderabad-based Brihaspathi Technologies Limited, one of the top AI-based surveillance and security solution providers, has received $10 million investment from foreign institutional investors (FIIs) and others. The funding will drive the company's aggressive growth plans, among which is the setting up of a new 72,000 sq. ft. CCTV manufacturing facility in Hyderabad. The facility is planned to become functional by the end of the ongoing fiscal year.

As a strategy for expansion, the company is also going to hire more than 400 new people to add to its cause of providing indigenous, AI-based security systems. In the future, Brihaspathi Technologies is gearing up for an Initial Public Offering (IPO) in FY 2026–27. The IPO funds will be used to increase research and development strength, increase manufacturing capacity, and continue developing AI technology.

Adding to its recent success, the company has won a large surveillance deal with the Maharashtra State Road Transport Corporation (MSRTC). Under the project, an advanced AI-based CCTV monitoring system will be installed on the MSRTC network.

So far, Brihaspathi Technologies has installed over 1.2 million CCTV cameras in the country. Its portfolio includes some high-value projects like border monitoring systems for the Border Security Force (BSF) along the borders, live monitoring of elections for the Election Commission of India, AI-driven classroom and examination surveillance, wildlife protection in national parks, and control room solutions for exam centers in several states.

In a high-profile project, the firm installed 64,000 CCTV cameras in 19 states within a day of surveillance for NEET exams.

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Having a strong order book and growing demand for converged security infrastructure in segments such as education, public transport, and urban security, Brihaspathi Technologies sees 30% revenue growth in the current fiscal year.

Our $10 million funding round will accelerate our growth, particularly the commissioning of our new Hyderabad manufacturing facility, which will deeply boost production," said Rajasekhar Papolu, Managing Director of Brihaspathi Technologies.

"The victory of the MSRTC project demonstrates our ability to deploy high-impact, scalable surveillance solutions. With our IPO preparations underway, our focus is on creating world-class, AI-based, Made-in-India technologies that redefine security's future," he added.