Bank locker infrastructure startup Aurm has raised Rs 42 crore in a seed funding round co-led by Earth Fund and Sattva Ventures along with participation from other angel investors.

The proceeds will be deployed to scale tech-enabled vaulting solutions and secure storage through automation and enhanced accessibility, Aurm said in a press release.

Co-founded in 2023 by Vijay Arisetty, Suraj HS, Pratap Chandana, and Ganesh Balakrishnan, Aurm provides fully automated, high-security private safety deposit lockers for residential gated communities and corporate clusters. The startup's technology gives residents and employees on-demand access to professional-grade secure storage within their own communities.

Aurm facilitates 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.

According to Aurm,its 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.