In a country where getting a bank locker can still mean long waitlists and limited access, Aurm is rethinking how—and where—people store what matters most.
The startup has raised ₹42 crore in a seed funding round co-led by Earth Fund and Sattva Ventures, with participation from angel investors. But beyond the capital, the bet here is on convenience meeting high-grade security.
Founded in 2023 by Vijay Arisetty, Suraj HS, Pratap Chandana, and Ganesh Balakrishnan, Aurm is building fully automated, private safety deposit lockers—embedded directly into gated communities, corporate campuses, and even bank branches.
The idea is simple, but timely: instead of travelling to a bank and waiting for access, what if secure storage was available where you live or work?
Aurm’s “vault-at-your-doorstep” model brings military-grade locker infrastructure closer to users, offering on-demand access backed by multi-factor authentication, 24/7 availability, and intrusion-proof surveillance systems. The company is also leaning into experience—designing its strong rooms to feel less like traditional vaults and more like premium, private spaces.
The fresh funds will go toward scaling these tech-enabled vaulting solutions, deepening automation, and expanding access across residential and commercial clusters.
The timing aligns with a larger shift in urban living—where convenience, security, and infrastructure are increasingly expected to coexist within the same ecosystem. For investors like Earth Fund, which is anchored by real estate players such as Brigade Group and Gruhas, Aurm fits into a broader push toward tech-led, future-ready built environments.
As Indian cities grow denser and more digitally integrated, Aurm is positioning itself at the intersection of physical security and smart infrastructure—turning an old-world necessity into a modern, on-demand service.
-By Muskan Dengra
