Shark Tank-Featured InsideFPV Soars with Fresh Funding, Eyes Market Expansion
InsideFPV, a home-grown drone maker, has made headlines by securing $420,490 (Rs 3.5 crore) in a fresh funding round from several investors, including Inflection Point Ventures, Mumbai Angels, and Soonicorn Ventures. As per the startup, the freshly raised funds will be used for expanding its market, research and development (R&D) […]
Unmanned Innovation: Top 5 Innovative Drone Startups In India
The drone startup landscape in India has undergone a transformative shift ever since the liberalization of drone operations through the Drones Rules 2021. This policy change has breathed new life into the unmanned aerial vehicle (UAV) ecosystem, paving the way for innovative ideas, technological advancements, and unprecedented growth opportunities. Recent […]
Garuda Aerospace Raises $22 Mn In Series A Funding Round
Garuda Aerospace, a Chennai-based drone startup, has raised $22 million (around Rs 182 crore) in a Series A funding round led by early-stage venture capital company SphitiCap. The round, which valued the startup at $250 million, also saw participation from other global investors, angel investors and high net-worth individuals (HNIs). […]
Drone Startup Garuda Aerospace Raises $5 Million In Funding
Garuda Aerospace, a Chennai-based drone startup, has raised $5 million in funding from a large infra-development company, a group of HNI and angel investors from India, Singapore and the UAE. The startup plans to use the raised funds to focus on building advanced drone solutions for the Indian Armed Forces […]
Zerodha’s Nikhil Kamath Invests In Omnipresent Robot Tech
Nikhil Kamath, Co-founder of Zerodha, along with Abhijeet Pai, has invested in drone startup Omnipresent Robot Tech through their investment arm Gruhas Proptech. First reported by PTI, the funding round also saw participation from Kavin Shah and other high net worth individuals. Founded by Aakash Sinha, an MIT TR35 Innovator […]