BBB Solutions breaks into the Rs 100 Cr. club within its first year of operations
India's hottest new startup in the Defence Sector, Big Bang Boom Solutions (BBB) broke into the 100 crore club within its first year of operations and secured funding in the form of convertible notes from strategic investors. Adding another success,
- Adding another success, the company won the 'See Through Armour' challenge from the Ministry of Defence under the aegis of iDex, within which the Defence Minister had launched the Defence India Startup Challenge.
- "As a part of treasury operations; the funds received will be invested into a Hedge Fund to generate superior returns besides running the general operations of the company and business development," said elaborating on the funding, Praveen Dwarakanath, CEO, BBB.
- "The recent win in the MoD competition was around 'See Through Armor'.
- We feel that India of 2018 in the defence sector; is the India of 1992 when it decided to open its economy.