Brihaspathi Technologies Raises $10 Million, Bags MSRTC Project, And Unveils IPO Plans For FY 2026–27

Hyderabad: Brihaspathi Technologies Limited, a Hyderabad-based pioneer in AI surveillance and smart security solutions, has successfully raised USD 10 million in funding from foreign institutional investors (FIIs) and other strategic partners. The capital will power the company’s ambitious expansion plans, including the launch of a state-of-the-art 72,000 sq. ft. CCTV manufacturing facility in Hyderabad, slated for completion by the end of the current fiscal year.

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IPO in Sight: A Strategic Leap Ahead

Brihaspathi Technologies has also revealed plans for an Initial Public Offering (IPO) in FY 2026–27. The IPO proceeds will primarily be utilized to boost R&D, expand manufacturing capabilities, and deepen its AI and IoT-based product offerings across India and global markets.

“This is a transformative phase for Brihaspathi Technologies,” said Mr. Rajasekhar Papolu, Managing Director. “The funding will fast-track our scale-up journey, especially the commissioning of our new manufacturing unit. Our upcoming IPO will further accelerate innovation and market expansion.”

Major Public Sector Win: MSRTC Surveillance Contract

The company also secured a major surveillance contract from the Maharashtra State Road Transport Corporation (MSRTC). Under the agreement, Brihaspathi will deploy a comprehensive AI-powered CCTV monitoring system across MSRTC’s network, reinforcing its credentials in public sector security infrastructure.

Rapid Growth, Nationwide Presence

To date, Brihaspathi Technologies has deployed over 1.2 million CCTV cameras across India, including:

• 64,000 cameras in 19 states in a single day for the NEET exam
• Surveillance installations for the Border Security Force (BSF)
• Election monitoring for the Election Commission of India
• AI-powered classroom and exam monitoring systems
• Wildlife and national park security projects

With over 300 employees and GST-registered offices in 19 states, the company is now preparing to add 400+ new hires to support its growth trajectory.

30% Revenue Growth Projected for FY 2025–26

Driven by demand from sectors like education, transport, smart cities, and public safety, Brihaspathi expects a 30% revenue surge this fiscal year. The company has become the first Indian security surveillance firm to attract FII funding, a milestone that underlines its innovation leadership and global potential.

Focus on AI & Smart Infrastructure

Brihaspathi’s technology suite includes:

• AI video analytics
• Real-time monitoring systems
• Solar-powered surveillance solutions
• Custom-built IoT and smart infrastructure tools

The upcoming Hyderabad plant will enhance production for both domestic and export markets, aligning with the ‘Make in India’ vision and India’s internal security push.

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