Bengaluru Startup Bringing Secure Vaults Closer to Consumers

Bengaluru-based secure storage startup Aurm has raised Rs 42 crore in a Series A funding round led by Earth Fund and Sattva Ventures. The round also witnessed participation from several prominent angel investors.

The fresh funding will help Aurm accelerate the expansion of its tech-enabled vaulting infrastructure as the company aims to modernize India’s traditional bank locker ecosystem through automation, accessibility, and advanced security technologies.

Founded by Vijay Arisetty, Prathap Chandana, and Suraj HS, the startup is focused on solving a long-standing challenge faced by urban consumers ,  the lack of convenient and secure locker facilities.

Building the “Vault-at-Your-Doorstep” Model

Aurm provides military-grade automated safe deposit lockers that are integrated directly into gated residential communities, corporate campuses, and bank branches. The company describes its solution as a “vault-at-your-doorstep” model aimed at making secure storage more accessible and convenient for modern consumers.

Traditional bank lockers in India are often difficult to obtain due to high demand and limited availability. Additionally, users typically need to travel to bank branches during fixed hours, making the process inconvenient for many households and professionals.

Aurm’s technology-driven model addresses these issues by offering 24/7 accessibility combined with advanced security features such as multi-factor authentication, active intrusion-proof surveillance systems, and automated locker management.

The startup believes this infrastructure can significantly improve how individuals store valuable assets such as jewellery, important documents, heirlooms, and confidential belongings.

Redefining Security Through Technology and Infrastructure

The company plans to use the newly raised capital to scale its deployment network across India while enhancing its automation and security technologies.

According to the founders, Aurm’s vision is to integrate modern vault infrastructure directly into the country’s evolving residential and corporate real estate ecosystem. By partnering with developers and infrastructure players, the startup aims to make secure storage a built-in feature of modern urban living.

Investors believe the startup has identified a massive but underserved market opportunity in India’s growing urban communities and high-net-worth households.

Industry experts also point out that as wealth creation increases across Indian households, demand for secure and easily accessible private storage solutions is expected to rise rapidly in the coming years.

Creating the Future of Secure Urban Infrastructure

Aurm’s infrastructure-led approach is also being viewed as beneficial for builders and banks. Developers can offer premium secure storage amenities within residential projects, while banks can expand locker services without relying entirely on traditional branch infrastructure.

The startup’s asset-light deployment model and technology integration position it uniquely within India’s evolving proptech and fintech ecosystem.

As urban lifestyles continue changing and consumer expectations around security and convenience grow, Aurm is attempting to redefine how secure storage infrastructure is designed and delivered across India.

With strong investor backing and a scalable infrastructure model, the company is positioning itself as a next-generation player in India’s secure vaulting and wealth protection ecosystem.

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