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policy Bar&Bench Monday, 11 May 2026 NEW

Sequitur advises 8X Ventures Fund on investment in defence tech startup Armory

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Policy framework or directive — a strategic document setting direction, principles, and objectives for governance. Guides the design of schemes, legislation, and implementation strategies.
 
 
 
Summary
 
8X Ventures Fund has made an investment in Armory as part of its ₹20 crore funding round.Sequitur Advocates & Legal Consultants advised 8X Ventures Fund on this investment deal. The Firm's advisory encompassed advising on the structuring of the investment transaction, and the negotiation and finalisation of definitive transaction documentation.The transaction team was led by Utpal Kant (Managing Partner), with assistance from Associates Prateek Arora and Puja Modi.The mandate relates to Armo
 
  
 
 
Key Facts
 
 
 Type Policy 
 
 Source Bar and Bench 
 
 Published Monday, 11 May 2026 
 
 Affected Population ~850 million internet users, 75,000+ startups 
 
 
 
 
Key Numbers
 
 
    Rs 15,000 crore for Digital India initiatives 
    UPI: 14 billion monthly transactions 
    850 million+ Aadhaar-linked mobiles 
    GDP: $3.9 trillion (2025 est.) 
 
 
 
  
 
 
Key Authorities
 
 Ministry of Electronics & ITTRAICERT-InMinistry of FinanceRBI 
 
 
 
Key Stakeholders
 
 Internet UsersTech CompaniesStartupsTaxpayersBanks & NBFCsInvestors 
 
 
 
Government Context
 
 
 NDA III BJP-led NDA 
 
 
 
  Centre-Right 
 
 
 Left Centre Right 
 
 
 
 
      
 
Explore Sectors
 
  Digital & Technology 1482 tracked →  Finance & Economy 226 tracked →  Social Protection 1456 tracked →  
 
  
 
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