Foxhog Ventures Invests In Digital Striker For India Manufacturing

Digital Striker Private Limited, an optical fiber tools and equipment company founded by Priyanka, has raised $1 million (approx. ₹8.5 crore) from Foxhog Ventures, the USA-based venture capital firm led by CEO, Mr. Tarun Poddar. The funding will be used to set up India's first manufacturing unit for optical fiber tools and equipment, a space currently dominated entirely by Chinese imports.

The Problem Digital Striker Is Solving

India's optical fiber industry is 100% dependent on China for tools and equipment products essential for building and maintaining the country's digital infrastructure. Currently, only 35% of India's mobile towers are connected through fiber, signaling massive untapped potential. Despite this, not a single company in India manufactures tools like fiber strippers, cleavers, VFLs, power meters, or splicing machines locally. This dependency has created a chain of challenges 100% advance payment requirements, 3-month delivery cycles via sea freight, bulk order mandates, and no local service support.

What the Funding Will Do

The $1 million investment will be deployed across two key areas. Approximately ₹5-6 crore will go toward setting up the manufacturing plant, hiring talent, and establishing offices in key metro cities across India. The remaining ₹4-5 crore will support import operations to fulfill existing demand while local manufacturing scales up. Digital Striker aims to start with 5-7 products in the first phase, with a roadmap to expand the product range and reach ₹100 crore in revenue within 4-5 years.

A Proven Business, Early Stage

Digital Striker is not a speculative bet. In just 40 months, the bootstrapped company has built a network of 450+ resellers and end-users across India, clocking a turnover of ₹8.85 crore entirely on its own steam. The founders bring a combined 15+ years of experience in the optical fiber and technology sector.

Quotes

Priyanka, Co-Founder, Digital Striker, said: "We started Digital Striker because we saw firsthand how badly the industry needed local solutions. Every single tool strippers, cleavers, OTDRs was coming from China with no local support, no customisation, and painful payment terms. This funding from Foxhog gives us the runway to finally start manufacturing in India. We will be the first, and we intend to do it right."

Mr. Tarun Poddar, CEO, Foxhog Ventures, said: "When we first looked at Digital Striker, one thing was clear this is a problem India cannot afford to ignore. We are 100% dependent on China for something as critical as optical fiber tools, and that is not sustainable. But what really stood out was what Baijnath and Deepak have already built ₹8.85 crore in revenue and 450+ resellers in just 40 months, entirely bootstrapped. They are not just talking about Make in India they are actually doing it. That tells us everything about the founders. Now with this funding, they have everything they need to start manufacturing locally and break India's dependency on China in a sector that touches every telecom tower in the country.