Earth Fund and Sattva Ventures back Aurm with ₹42 Crore Investment to Modernize India’s Bank Locker Ecosystem
Bengaluru : Earth Fund, India’s specialist Built Environment and Sustainability focused venture capital platform along with Sattva Ventures have announced a series A funding of ₹42 crore in Aurm, a Bangalore-based startup building the next generation of bank locker infrastructure for India’s urban residents, banks and corporate campuses. This investment will enable Aurm to scale its tech-enabled vaulting solutions and redefine secure storage through automation and enhanced accessibility. By integrating advanced security protocols with seamless urban infrastructure, the partnership highlights Earth Fund’s commitment to backing innovative startups that enhance the resilience and efficiency of the modern Indian cityscape. Apart from Earth Fund and Sattva, the round drew participation from several prominent angels.
Commenting on the investment, Abhay Garg, Head of Earth Fund, said, “This partnership represents a synergy between like-minded collaborators, empowering entrepreneurs to build secure, sustainable urban ecosystems. By bridging the gap between innovation and infrastructure, we have created a platform where shared values and expertise catalyze growth. Vijay and team have identified a problem hiding in plain sight. The demand for secure private storage in residential and corporate communities is real and largely unaddressed. What they have done is combine the right technology with a deployment model that works within the natural rhythms of how these communities function, and that’s a genuinely hard thing to get right.
Vijay Arisetty, CEO and Co-founder of Aurm, said, “We started Aurm with a simple observation that people living in well-appointed homes in well-run communities still had no reliable way to secure their valuables without travelling across the city to a bank branch. We’ve built something that changes that entirely. This partnership allows us to leverage the deep domain expertise in the build environment and urban infrastructure of Earth Fund and Sattva Ventures. It allows us to seamlessly integrate our next-gen vaults into India’s modern residential and corporate developments”.
Adrija Agarwal, Founder, Sattva Ventures “Our investment reflects a strong conviction in the future of security technology infrastructure, where physical security meets digital-first efficiency. By deploying tech-led, automated vaults directly into gated communities, Aurm is creating the infrastructure layer for ₹100 trillion in household wealth. This model delivers a perfect trifecta: unlocking premium real estate for builders, asset-light expansion for banks, and 24/7 security for HNIs. Aurm is moving beyond simple convenience to provide military grade protection for the Indian household’s most significant asset”.
Aurm provides military-grade, fully automated safe deposit lockers integrated directly into gated communities, corporate campuses, and bank branches. The platform addresses the acute scarcity of traditional bank lockers by offering a tech-led “vault-at-your-doorstep” model. These state-of-the-art strong rooms feature 24/7 accessibility, multi-factor authentication, and active intrusion-proof surveillance, all while providing a premium “dressing room” experience. The collaboration between Earth Fund, Sattva Ventures, and Aurm indicates a transformative shift, moving away from centralized, inconvenient legacy systems toward a decentralized, tech-driven future.
