New Delhi, Delhi, India | 10th September 2025: SIG Tattva, the corporate venture capital arm of Somany Impresa Group (promoter of AGI Greenpac Limited – BSE: 500187 and Hindware Home Innovation Limited – BSE: 542905), has announced a strategic investment of ₹3.5 crore in Crion Technologies, a pioneering company specializing in IoT, AI, AR/VR, and cloud-based digital solutions.
Crion Technologies’ flagship platform, Clonos, is a next-generation digital twin solution that is transforming asset management. By providing real-time insights and predictive analytics, Clonos helps enterprises improve operational efficiency, reduce downtime, and make data-driven decisions.
Vishnuvardhan Jayachandran, CEO of Crion Technologies, stated, “We are thrilled to partner with SIG Tattva. This collaboration enables us to scale faster, accelerate product innovation, and expand Clonos into new markets. Working with a group that understands the transformative potential of technology in manufacturing, utilities, and infrastructure is incredibly exciting. Together, we aim to unlock significant impact at scale.”
Alongside the investment, SIG Tattva launched its flagship ‘Pilot Before Pitch (PBP)’ program, an industry-first initiative designed to redefine start-up and enterprise collaboration. The launch event brought together top venture capital firms, start-ups, academic institutions, and senior leaders from Somany Impresa Group for a day of open innovation and collaboration.
Participating venture capital firms included Huddle Ventures, TVS Capital, Pontaq, Alteria Capital, Arali Ventures, Forge, and Nirman Venture. The program featured start-up showcases, interactive panel discussions, and insights from industry, VC, and academic stakeholders on accelerating the adoption of deep-tech solutions in real-world environments.
Shashvat Somany, Founder of SIG Tattva, commented, “Our investment in Crion Technologies signals our commitment to backing and scaling deep-tech ventures. Clonos demonstrates immediate value within industrial operations, a key factor for successful technology scaling. With our Pilot Before Pitch program, we aim to give start-ups the platform to validate solutions in live industrial settings and scale rapidly. It’s about fostering a model where industry and innovation grow together.”
As part of the PBP launch, SIG Tattva hosted leading VCs, incubators, and accelerators at AGI Greenpac’s Bhongir Glass Manufacturing Plant, India’s largest glass bottle manufacturing facility. The visit highlighted the Group’s advanced manufacturing capabilities and demonstrated how start-ups can leverage SIG Tattva’s resources, operational expertise, and industry-scale pilot opportunities to co-create innovative solutions.
Sriharsha Bandaluppi, Head of SIG Tattva, added, “Pilot Before Pitch brings the entire ecosystem together — investors, academia, and start-ups. The Bhongir plant visit showcased the scale at which solutions can be tested and highlighted our commitment to building a collaborative deep-tech ecosystem for India’s start-ups.”
With the Pilot Before Pitch initiative, SIG Tattva aims to establish one of India’s most collaborative deep-tech ecosystems, enabling start-ups, investors, and industry leaders to co-create the next generation of industrial and technological solutions.
