Bengaluru-based Aurm has raised Rs 42 crore in a Collection A funding spherical led by Earth Fund and Sattva Ventures. Other than Earth Fund and Sattva, the spherical noticed participation from a number of distinguished angel traders.

Aurm offers military-grade, automated protected deposit lockers built-in immediately into gated communities, company campuses, and financial institution branches.

The startup stated it addresses the acute shortage of conventional financial institution lockers by providing a tech-led “vault-at-your-doorstep” mannequin. It options 24/7 accessibility, multi-factor authentication, and energetic intrusion-proof surveillance.

“We began Aurm with a easy statement that folks residing in well-appointed houses in well-run communities nonetheless had no dependable technique to safe their valuables with out travelling throughout town to a financial institution department. We have constructed one thing that modifications that fully. This partnership permits us to leverage the deep area experience within the construct atmosphere and concrete infrastructure of Earth Fund and Sattva Ventures. It permits us to seamlessly combine our next-gen vaults into India’s fashionable residential and company developments,” stated Vijay Arisetty, CEO and Co-founder of Aurm.

The startup plans to make use of the raised capital to scale its tech-enabled vaulting options and redefine safe storage by means of automation and enhanced accessibility.

“This partnership represents a synergy between like-minded collaborators, empowering entrepreneurs to construct safe, sustainable city ecosystems. By bridging the hole between innovation and infrastructure, we now have created a platform the place shared values and experience catalyze development. Vijay and staff have recognized an issue hiding in plain sight,” stated Abhay Garg, Head of Earth Fund.

“The demand for safe personal storage in residential and company communities is actual and largely unaddressed. What they’ve executed is mix the appropriate expertise with a deployment mannequin that works inside the pure rhythms of how these communities perform, and that is a genuinely arduous factor to get proper,” Garg added.

“By deploying tech-led, automated vaults immediately into gated communities, Aurm is creating the infrastructure layer for Rs 100 trillion in family wealth. This mannequin delivers an ideal trifecta: unlocking premium actual property for builders, asset-light growth for banks, and 24/7 safety for HNIs. Aurm is shifting past easy comfort to offer navy grade safety for the Indian family’s most vital asset,” stated Adrija Agarwal, Founder, Sattva Ventures.