SIG Tattva, the corporate venture capital arm of the Somany Impresa Group (promoter group of AGI Greenpac Limited – BSE: 500187 and Hindware Home Innovation Limited – BSE: 542905), has announced an investment of ₹3.5 crore in Crion Technologies, a startup building advanced digital solutions in IoT, AI, AR/VR, and cloud computing.
Crion’s flagship product, Clonos, is a digital twin platform designed to modernize asset management. By combining real-time analytics with predictive intelligence, it enables enterprises to improve uptime, enhance operational efficiency, and make data-led decisions.
Vishnuvardhan Jayachandran, CEO of Crion Technologies, highlighted that the partnership will accelerate product development, expand into new markets, and strengthen Clonos’ adoption across industries including manufacturing, utilities, and infrastructure.
Alongside the investment, SIG Tattva also unveiled its “Pilot Before Pitch (PBP)” program, a unique initiative aimed at reshaping startup–enterprise collaboration. Through PBP, startups will have the opportunity to test solutions in real industrial environments before scaling commercially.
The program’s launch event brought together leading VCs, founders, academic leaders, and industry experts for discussions on building a more integrated deep-tech ecosystem. Participating investors included Huddle Ventures, TVS Capital, Pontaq, Alteria Capital, Arali Ventures, Forge, and Nirman Venture, among others.
Commenting on the dual milestone, Shashvat Somany, Founder of SIG Tattva, said:
“Our partnership with Crion Technologies reflects the type of deep-tech ventures we want to support—solutions that can prove real value inside industrial settings. With the launch of PBP, we aim to give startups a platform to validate, refine, and scale innovations in live ecosystems.”
The PBP launch at AGI Greenpac’s Bhongir Glass Manufacturing Plant—India’s largest glass bottle manufacturing facility—gave participants a first-hand view of how large-scale operations can act as testing grounds for breakthrough technologies.
Sriharsha Bandaluppi, Head of SIG Tattva, added that the initiative is about building a truly collaborative deep-tech ecosystem, where startups, investors, and corporates work together to accelerate adoption and co-create solutions.
With this investment and the launch of PBP, SIG Tattva strengthens its commitment to supporting early-stage ventures in enterprise SaaS, clean technologies, deep-tech manufacturing, and disruptive product innovation—backing founders with both capital and real-world industry access.
By: Arushi Agarwal
