Big Bang Boom Solutions (BBBS) is a Chennai-based Indian deeptech defence company making anti-drone systems and see-through armour technology for the armed forces.

This Startup Deep Dive explains what Big Bang Boom Solutions does, how it makes money, who backs it, how it compares with rivals and what could go wrong, using publicly available information. It is educational and not investment advice. Last updated: October 2026.

Big Bang Boom Solutions in Brief

• What it is: Big Bang Boom Solutions is an Indian Defence / counter-drone company based in Chennai.
• Who it serves: businesses, institutions, consumers, learners and public-sector buyers.
• Builds anti-drone detection and defeat systems for the Indian armed forces.
• Develops see-through armour technology and customised defence solutions for surveillance, monitoring and security.
• Has won five iDEX challenges and completed three.
• Funding: About USD 31 Mn (USD 31.2-31.7 Mn on two sources; others report USD 35-42 Mn; reports differ).

Big Bang Boom Solutions Quick Facts

Figures marked “reported” come from published reports and may differ between sources; “Not disclosed” means no reliable public figure was found.

What Is Big Bang Boom Solutions?

Big Bang Boom Solutions operates in the Defence / counter-drone space in India. Understanding a company like this starts with three questions: who is the customer, what painful problem is being solved, and why the solution is better than the alternatives. The sections below apply that lens to Big Bang Boom Solutions.

• Builds anti-drone detection and defeat systems for the Indian armed forces.
• Develops see-through armour technology and customised defence solutions for surveillance, monitoring and security.
• Has won five iDEX challenges and completed three.

The Origin Story of Big Bang Boom Solutions

Every company starts from a noticed gap and a team willing to commit to closing it. Strong origin stories are specific: a clear problem, a founding team with relevant skills, and an early product that real customers could test. Founder-market fit, meaning the team’s lived experience or technical depth in the domain, tends to predict how fast a young company learns.

• Founders: Praveen Dwarakanath, Shivaraman Ramaswamy.
• Founded in 2018 by Praveen Dwarakanath (CEO) and Shivaraman Ramaswamy (CTO).
• Early backing came from a Defence Innovation Organisation grant in 2019.

Key Milestones and Challenges

No startup grows in a straight line. Early years usually involve slow adoption, product rewrites, hiring mistakes and funding gaps. In the Defence / counter-drone sector the common turning points are a first paying customer, a regulatory approval, a successful product demonstration or a funding round that lets the team invest ahead of demand. How a team responds to setbacks says more about resilience than any single headline.

• 2019: Defence grant of about USD 218K.
• Jul 2020: Angel round of about USD 1 Mn from Mumbai Angels.
• Dec 2022: Seed round with Forge Innovation and Ventures.
• Early 2024: Order worth over Rs 200 crore from the Indian Air Force and Army for anti-drone technology.
• Sep 2024: Rs 250 crore round announced.

Big Bang Boom Solutions Funding and Investors

Funding history shows how much outside confidence a company has attracted and how long it can operate before needing more capital. Figures below are reported and may differ between sources; valuation figures are estimates unless the company has confirmed them.

• 2019: Grant about USD 218K, Defence Innovation Organisation.
• Jul 2020: About USD 1 Mn, Mumbai Angels Network.
• Dec 2022: Seed, undisclosed, Forge Innovation and Ventures.
• Sep 2024: Rs 250 crore led by Mumbai Angels Network, Vyom Family Office, SBI Startup Branch Chennai and Asquare Investing; part of the round gave early investors an exit.

How Does Big Bang Boom Solutions Make Money? (Business Model)

A business model describes who pays, how often and how much it costs to serve them. Strong models show repeat usage, improving margins with scale and acquisition channels that do not depend only on paid spend. Weak models show one-off sales, rising costs and growth that stops when spending stops. For companies selling to businesses, institutions, consumers, learners and public-sector buyers, sales cycles and contract size matter as much as headline growth.

• Sells defence systems to the Indian armed forces through iDEX and procurement orders.

The Numbers: Big Bang Boom Solutions Financials

Financial figures show whether growth is turning into a self-sustaining business. Small and private companies often disclose little, so any number below is included only if it was found in public reporting.

• FY23 revenue Rs 2.6 crore.
• FY24 revenue about Rs 10-11 crore (Rs 10.1 crore on one page, Rs 11.3 crore on another; reports differ).
• FY24 profit after tax about Rs 83 lakh (one source).
• No FY25 figures found.

Market Opportunity for Big Bang Boom Solutions

Market size is easy to exaggerate, so a useful approach separates the total market from the portion a company can realistically reach with its current product and distribution. The main forces behind demand in this sector are rising digital adoption, cloud and mobile penetration, growing enterprise technology spending, government digitisation programmes and a deep pool of engineering talent. Each of these widens the opportunity, but capital efficiency and execution decide who captures it.

• India's armed forces are procuring counter-drone technology; DRDO reportedly asked BEL, L&T and Adani to develop anti-drone technology.

Technology and Product at Big Bang Boom Solutions

Technology is rarely the whole moat, but it drives speed, cost and customer experience. A practical way to assess it is to separate the capability the company controls from the commodity infrastructure it rents. In this sector the important factors are product quality, data and integration depth, security, scalability and the speed of shipping improvements.

• Anti-drone detection systems and See Through Armour battle interface for armoured vehicle crews.
• Work spans drones, chemical engineering, computer vision and cybersecurity.

Team and Culture at Big Bang Boom Solutions

Teams are the most important and least measurable asset of a young company. Look at how complementary the founders’ skills are, how deep the second layer of leadership is, and how the company hires and retains specialists. Culture shows up in small repeated behaviours: how quickly bad news travels upward and whether commitments to customers are kept.

• Praveen Dwarakanath, director and CEO; Shivaraman Ramaswamy, director and CTO.
• Headcount listed as 151 or 68.

Big Bang Boom Solutions Competitors: Competitive Landscape

A fair competitive analysis names direct rivals, adjacent players who could move into the space, and the customer’s default alternative. Durable advantages include proprietary data or technology, licences and approvals, brand trust, switching costs and cost leadership.

Risks and Challenges for Big Bang Boom Solutions

• Dependence on government orders.
• Revenue was small (about Rs 10 crore) relative to the funding raised.
• Conflicting public data on funding and headcount.
• Competition: low barriers to entry and well-funded rivals can compress pricing and slow growth.
• Funding risk: technology businesses often burn cash before reaching profit and depend on investor appetite.

Risk is not a reason to avoid a company; it is a reason to price it correctly and to monitor the right indicators over time. Regulation in this sector is shaped by data protection rules under the Digital Personal Data Protection Act, sector regulators, consumer protection law and IT rules.

Big Bang Boom Solutions Growth Outlook: What to Watch

• Funds earmarked to expand operations and build new technologies.
• Key indicators: recurring revenue, customer retention, gross margin, customer acquisition cost and runway.
• Funding position: Whether Big Bang Boom Solutions can reach its next milestone before needing new capital.
• Regulation: Changes from data protection rules under the Digital Personal Data Protection Act, sector regulators, consumer protection law and IT rules.

Industry Context: Where Big Bang Boom Solutions Fits

India's technology startup ecosystem is one of the largest in the world, supported by cheap data, a large base of smartphone users, digital public infrastructure and a deep engineering talent pool. Companies now build for education, software, mobility, logistics, agriculture, defence, media and more, selling both to Indian customers and abroad.

Durable technology companies usually combine a clear customer problem with repeatable distribution and disciplined unit economics. Growth funded only by spending tends to fade, while products that customers keep using and paying for build compounding advantages.

For readers new to this field, a useful habit is to separate announcements from evidence. A plan, a partnership or a funding headline describes intent, while a delivered product, a paying customer or an audited financial statement describes results. Comparing the two over time shows how reliably a company turns promises into outcomes.

Bull Case and Bear Case for Big Bang Boom Solutions

An investment thesis is a short, testable statement of why a company could become far more valuable, together with what evidence would prove it wrong. The points below are general to this sector and are not forecasts for Big Bang Boom Solutions.

Bull case

• A large and growing base of digital users and businesses expands the addressable market.
• Recurring revenue and strong retention can compound growth.
• Selling into global markets widens the opportunity beyond India.

Bear case

• Heavy competition can compress pricing and margins.
• Dependence on external funding can force painful cost cuts.
• Regulation or platform changes can disrupt a product quickly.

Lessons Founders and Investors Can Take from Big Bang Boom Solutions

Studying a company in the Defence / counter-drone space offers lessons that go beyond any single firm. The points below are general lessons for the sector and are not claims about Big Bang Boom Solutions.

• Solving a clear, frequent customer problem matters more than adding features.
• Retention and repeat usage are better health signals than sign-ups.
• Disciplined spending extends runway and keeps options open when funding tightens.
• Distribution, not just product quality, decides who wins in crowded markets.
• Building trust through data protection and reliability is part of the product.

How to Evaluate Big Bang Boom Solutions as a Startup

• Customer clarity: Can Big Bang Boom Solutions name its customer and the problem it solves in one sentence?
• Evidence of demand: Look for repeat customers, signed contracts or measurable usage rather than announcements alone.
• Economics: Check whether margins improve as volume grows.
• Execution: Compare announced timelines with what has actually been delivered.
• Funding runway: Estimate how long current capital lasts at the present spending rate.
• Regulatory standing: Confirm required approvals are in place.
• Customer concentration: Check whether a few customers account for most of the revenue.
• Management depth: Look for experienced leaders beyond the founders and a stable core team.

The Takeaway

Big Bang Boom Solutions is part of India’s growing Defence / counter-drone ecosystem. The useful lesson from studying it is the discipline of asking structured questions about customers, economics, advantage and resilience. Companies that answer them well, repeatedly and under pressure are the ones that endure. Readers should treat any single report, ranking or funding headline as one input among many, and should re-check key facts against recent company announcements. Because public information on young companies is often limited, patience in verifying claims is part of good analysis. Public sources can also describe the same company in different ways, so it is worth checking dates, definitions and whether a figure refers to revenue, total income or transaction value, and whether it covers one entity or a wider group, before drawing conclusions. Small differences in rounding, currency conversion or reporting periods can also change how a figure reads. Comparing the same figure across several recent reports helps show whether it is stable or has changed over time. This article is educational and is not investment advice.

• Clear customers and repeat demand matter more than announcements.
• Regulation and capital needs shape how fast a startup in this sector can grow.
• Track a few leading indicators over time rather than one headline metric.

Big Bang Boom Solutions FAQs: Frequently Asked Questions

What is Big Bang Boom Solutions?

Big Bang Boom Solutions (BBBS) is a Chennai-based Indian deeptech defence company making anti-drone systems and see-through armour technology for the armed forces. It is profiled in the Startup Deep Dive series, which explains business model, funding, competitors and risks.

Who founded Big Bang Boom Solutions?

Big Bang Boom Solutions was founded by Praveen Dwarakanath, Shivaraman Ramaswamy, and the company reports a founding year of 2018.

How much funding has Big Bang Boom Solutions raised?

About USD 31 Mn (USD 31.2-31.7 Mn on two sources; others report USD 35-42 Mn; reports differ). Funding figures are reported and may differ between sources, so readers should check the latest company announcements.

How does Big Bang Boom Solutions make money?

Big Bang Boom Solutions earns revenue from its Defence / counter-drone products and services sold to businesses, institutions, consumers, learners and public-sector buyers. The exact revenue mix is described in the business model section and is not fully disclosed publicly.

Who are the competitors of Big Bang Boom Solutions?

Reported rivals include IoTechWorld, ideaForge, EndureAir Systems, BEL. See the competitor comparison above for how they differ.

What are the main risks for Big Bang Boom Solutions?

Main risks include competition: low barriers to entry and well-funded rivals can compress pricing and slow growth, funding and capital needs, competition and regulation by data protection rules under the Digital Personal Data Protection Act, sector regulators, consumer protection law and IT rules. This is educational content, not investment advice.

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Source

Source: Publicly available data, published reports, industry research, and other credible sources.