SIG Tattva Invests INR 3.5 Crore in Crion Technologies; Launches ‘Pilot Before Pitch’ Program for Start-ups
New Delhi, September 10, 2025 – SIG Tattva, the corporate venture capital arm of Somany Impresa Group (promoter group of AGI Greenpac Limited – BSE: 500187 and Hindware Home Innovation Limited – BSE: 542905), has announced an investment of INR 3.5 crore in Crion Technologies, a leading innovator in digital transformation through IoT, AI, AR/VR, and cloud solutions.
Crion Technologies is best known for its digital twin platform ‘Clonos’, which is redefining industrial asset management. The platform provides real-time insights and predictive capabilities, enabling enterprises to optimize efficiency, reduce downtime, and make smarter operational decisions.
Strategic Partnership to Drive Innovation
Commenting on the collaboration, 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. Together, we can unlock meaningful impact at scale.”
The investment aligns with SIG Tattva’s focus on backing deep-tech ventures that demonstrate strong potential to transform industries like manufacturing, utilities, and infrastructure.
Industry-first ‘Pilot Before Pitch’ Program
Alongside the funding, SIG Tattva introduced its flagship initiative – ‘Pilot Before Pitch (PBP)’ – an industry-first program designed to change how start-ups and enterprises collaborate.
The launch event brought together leading venture capital firms, start-ups, academia, and industry leaders for a day of open innovation. Participants included Huddle Ventures, TVS Capital, Pontaq, Alteria Capital, Arali Ventures, Forge, and Nirman Venture. The program featured start-up showcases, interactive discussions, and a panel session on how the PBP model can accelerate the real-world adoption of breakthrough solutions.
Leadership Perspective
Shashvat Somany, Founder of SIG Tattva, highlighted the importance of this dual announcement:
“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. With our Pilot Before Pitch program, we aim to give start-ups the opportunity to validate solutions in real-world environments and support them to scale.”
Sriharsha Bandaluppi, Head of SIG Tattva, added:
“The Pilot Before Pitch launch is an opportunity to bring the ecosystem together. Our visit to the Bhongir Glass Manufacturing Plant showcased the scale at which start-ups can test solutions and reinforced our commitment to open innovation.”
Building India’s Deep-Tech Ecosystem
The PBP program was inaugurated at AGI Greenpac’s Bhongir Glass Manufacturing Plant – India’s largest glass bottle manufacturing facility. The visit allowed participants to witness advanced manufacturing operations and explore opportunities for collaboration, co-creation, and industrial pilots.
Through this initiative, SIG Tattva aims to build one of India’s most collaborative deep-tech ecosystems, where start-ups, investors, and industry leaders co-create solutions for the future.
About SIG Tattva
SIG Tattva is the corporate venture capital arm of Somany Impresa Group, committed to empowering visionary founders and transformative start-ups. Focused on deep-tech manufacturing, enterprise SaaS, clean technologies, next-gen e-commerce, and disruptive product innovations, the platform goes beyond funding by providing strategic guidance, industry access, and operational expertise.
By bridging entrepreneurs with real-world industrial ecosystems, SIG Tattva seeks to accelerate breakthrough innovations and strengthen India’s deep-tech landscape.