Innovations for Defence Excellence
Overview
Innovations for Defence Excellence (iDEX) is a government initiative by the Indian Ministry of Defence, launched in 2018 to foster innovation and technology development in the Defence and Aerospace sectors by providing grants and support to startups, MSMEs, and individual innovators.
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Pixxel | Jun 2025 | Grant | Lead |
| Zeus Numerix | Jan 2023 | Seed | Co-investor |
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Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Innovations for Defence Excellence based?
Innovations for Defence Excellence is headquartered in New Delhi, India.
When was Innovations for Defence Excellence founded?
Innovations for Defence Excellence was founded in 2018.
How many portfolio companies does Innovations for Defence Excellence have?
Innovations for Defence Excellence has 5 portfolio companies in Caplight's dataset.
What are some companies in Innovations for Defence Excellence's portfolio?
Portfolio companies visible on Caplight include Pixxel, Zeus Numerix.
What was Innovations for Defence Excellence's most recent investment shown here?
Innovations for Defence Excellence's most recent investment in this portfolio sample was in Pixxel in 2025.
What sectors does Innovations for Defence Excellence focus on?
Innovations for Defence Excellence focuses on Frontier & Industrial Tech, Frontier & Industrial Tech, Frontier & Industrial Tech, Frontier & Industrial Tech, Mobility, Transportation & Logistics, Energy & Sustainability, AI, Data & Cloud Infrastructure, Enterprise Software.
What company stages does Innovations for Defence Excellence focus on?
Stage focus information for Innovations for Defence Excellence is not publicly available.
What is Innovations for Defence Excellence's AUM?
Innovations for Defence Excellence's assets under management are estimated between $59.7M and $59.7M.