<h1>Deep-tech startup raises Rs 1.32 crore at Rs 52.8 crore valuation; compliance focus on FDI, data and defence rules</h1> A Kolkata-based deep-tech startup announced a pre-seed funding round of approximately Rs 1.32 crore at a reported valuation of about Rs 52.8 crore from a mix of foreign and domestic angel investors, with stated uses including product development, hiring and R&D for a privacy-focused AI platform marketed across cloud and sectors including defence and healthcare. Legal issues to note include securities and startup fundraising compliance, FDI/foreign investment and cross-border remittance rules, data protection and privacy obligations, sectoral regulatory or export-control restrictions for defence-related technology, and IP, contractual and corporate governance implications as it expands internationally.