Overview
- Brihaspathi raised $10 million from foreign institutional investors to fund its manufacturing and AI surveillance expansion.
- The company is constructing a 72,000 sq ft plant in Tuniki Bollaram, Hyderabad, with a ₹70 crore investment and aims to begin operations by December.
- New regulations requiring STQC certification and the Make in India initiative are driving the firm to localize up to 80% of its CCTV production.
- Brihaspathi is implementing a comprehensive AI-enabled monitoring system for MSRTC and counts BSF, the Election Commission and Telangana High Court among its clients.
- The firm reported ₹204 crore revenue and ₹42 crore net profit in FY2024–25, expects ₹450 crore turnover this fiscal and is preparing for an IPO in FY2026–27.