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Brihaspathi Technologies Secures $10 Million to Build ₹70 Crore CCTV Plant

The facility’s December launch will support the rollout of AI-driven CCTV systems for MSRTC

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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.