Crion Technologies, a company developing advanced digital solutions in IoT, AI, AR/VR, and cloud technologies, has raised ₹3.5 crore in a funding round led by SIG Tattva, the corporate venture capital arm of Somany Impresa Group.
Founded in 2016 by Rahul K, Karthik Pondugula and Rathees Paneerselvam, Crion Technologies specializes in digital twin solutions and other advanced digital technologies, including AI, IoT, and AR/VR, to optimize industrial asset management, maintenance, and operational efficiency for the manufacturing and process industries.
Crion’s flagship digital twin platform, Clonos, is redefining asset management by providing real-time insights and predictive capabilities, helping enterprises drive efficiency, reduce downtime, and make smarter decisions.
Vishnuvardhan Jayachandran, CEO of Crion Technologies, said, “We are thrilled to partner with SIG Tattva. This collaboration gives us the momentum to scale faster, accelerate product development, and take Clonos into new markets. What excites us most is working with an industry group that truly understands how transformative technologies can reshape manufacturing, utilities, and infrastructure. Together, we can unlock meaningful impact at scale.”
Shashvat Somany, Founder of SIG Tattva, said, “We are proud to announce our investment with Crion Technologies, a partnership that sets the tone for the kind of deep-tech ventures we want to back and scale. What excites us about Clonos is its ability to prove value quickly inside industrial operations — a critical requirement for technologies looking to scale. And with the launch of our Pilot Before Pitch program, we want to give start-ups the opportunity to validate solutions in real-world environments and then support them to scale. It’s about creating a model where industry and innovation grow hand-in-hand.”
Alongside the investment, SIG Tattva also launched its flagship ‘Pilot Before Pitch (PBP)’ program — an industry-first initiative designed to reshape how start-ups and enterprises collaborate.
The launch brought VCs including Huddle Ventures, TVS Capital, Pontaq, Alteria Capital, Arali Ventures, Forge, and Nirman Venture, among others.
The program featured start-up showcases, interactive discussions, and a panel with industry, VC, and academic stakeholders on how models like PBP can accelerate adoption of breakthrough solutions in real-world contexts.
Sriharsha Bandaluppi, Head of SIG Tattva, added, “The Pilot Before Pitch launch is an opportunity to bring the ecosystem together, with venture investors, academia, and start-ups under one roof. This collaboration highlighted the role industry can play in working alongside innovators to accelerate adoption. The visit to our Bhongir plant further reinforced this spirit, giving participants a first-hand view of the scale at which solutions can be tested and our commitment to building a truly collaborative model for India’s start-up ecosystem.”
