Big Bang Boom Solutions Private Limited
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Big Bang Boom Solutions Private Limited - overview
Established
2018
Location
Chennai, -, India
Primary Industry
Defence
About
Based in India, Big Bang Boom Solutions Private Limited develops innovative defense technologies, focusing on indigenous intellectual property to provide advanced solutions for military and security applications. Founded in 2018, Big Bang Boom Solutions Private Limited, located in Chennai, India, specializes in defense technology. The company was co-founded by Praveen Dwarkanath and Shivaraman Ramaswamy. It has raised a total of INR 2500.
000 mn through multiple funding rounds, with the latest funding round led by Marquee Equity. Significant investors also include Asquare Investing, Mumbai Angels, and the State Bank of India, among others. The firm has successfully completed 4 deals to date. Big Bang Boom Solutions (BBBS) specializes in developing advanced defense technologies, focusing on indigenous intellectual property.
The company's core product offerings include Next Generation Hybrid Personal Combat Armour, which enhances individual soldier protection, and a non-lethal vessel stopping system for maritime security applications. Additionally, BBBS has developed the 360 Advanced Battle Interface (ABI) for comprehensive battlefield awareness and an Anti-Drone Defense System designed to counter unauthorized drone incursions. These solutions are aimed primarily at governmental defense agencies and security forces in markets including India, the UK, Israel, and Australia, where they address critical national security challenges. The products have been constructed to meet the specific operational requirements of military and law enforcement agencies, ensuring both reliability and effectiveness in various scenarios.
BBBS generates revenue through direct contracts with government entities and defense organizations. In 2021, the company reported a revenue of INR 2488. 9 mn, alongside an EBITDA of -INR 512382. 2.
The company has successfully secured multiple grants from the Ministry of Defense of India, totaling INR 7. 5 Crore for the five iDEX challenges won. BBBS engages in business-to-business transactions, supplying its flagship products like the Anti-Drone Defense System and Hybrid Personal Combat Armour to defense agencies. The revenue model is structured around fixed contract amounts for system deliveries, complemented by potential maintenance and support agreements, fostering long-term partnerships with defense and security establishments.
Big Bang Boom Solutions Private Limited plans to utilize recent funding to enhance its product development and expand into new markets. The company is working on upcoming products that include advanced versions of their existing combat and security systems, although specific release dates have not been disclosed. Markets targeted for expansion include the US and European defense sectors by 2025. Moreover, the recent venture funding from Sarcha Advisors will support these initiatives, allowing BBBS to strengthen its position in the defense technology sector.
Current Investors
Mumbai Angels, Keiretsu Forum, PitchRight Ventures
Primary Industry
Defence
Sub Industries
Defence
Website
www.bigbangboom.com
Verticals
Manufacturing
Company Stage
Series A
Total Amount Raised
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