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Success story of startup Sagar Defence: From 150 sq ft workspace to leading provider of swarm boats to Navy - The Times of India
By Surendra Singh3 min read at Times of India
In brief
Sagar Defence, a startup founded in 2015, has grown from a 150 sq ft workspace to a leading defense company supplying swarm boats and unmanned systems to the Indian Navy under the iDEX 'SPRINT' contract.
The company has also partnered with Israel Aerospace Industries to co-develop a precision strike missile for India.
This is an AI-estimated analysis and may not reflect the article's actual intent or the publisher's editorial position.
Read this page in Telugu · Google Translate (opens translate.google.com in a new tab)Machine translation by Google, not checked by Vekuva
NEW DELHI: A startup that started its operations from a tiny 150 sq ft workspace in Mumbai has now grown into a full-fledged defence company with major R&D and manufacturing campuses in Pune and Andhra Pradesh. The success story of Sagar Defence, which was founded in 2015 by Capt Nikunj Parashar along with co-founders Mridul Babbar, Lakshay Dang, Saurabh Patil, and Ankit Kumar, is replete with failures, hard work and perseverance.
While addressing a gathering at the Indian Navy’s ‘Swavlamban’ Naval Innovation and Indigenisation Seminar here as a guest speaker on Monday, Capt Parashar disclosed that he survived two heart attacks and a paralytic stroke and faced a lot of setbacks while struggling to make their company witness success. Sagar Defence is now a leading player for swarm boats, autonomous and unmanned weapons systems to the Indian armed forces, especially to the Indian Navy. Similar unmanned or swarm boats have been used by Iran and the US to attack each other and for surveillance purposes during the ongoing…
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