Hyderabad-based Brihaspathi Technologies has secured $10 million in funding from foreign institutional investors (FIIs) for expansion.
The funds will be used to establish a new 72,000 sq. ft. CCTV manufacturing facility in Hyderabad.
Brihaspathi Technologies plans to hire over 400 new employees, pursue an IPO in FY 2026–27, and enhance its research and development capabilities.
The company has undertaken a significant surveillance project for the Maharashtra State Road Transport Corporation and has an extensive track record in deploying AI-based security solutions across various sectors.