Agishwar Jayprakash, founder and CEO of Garuda Aerospace
Garuda Aerospace, the chennai -based drone company, has collected ₹ 100 million rupees in a Round of Financing of Catalysts de Venture (VCAT), at an assessment of $ 250 million. Crickt Mahendra Singh Dhoni player had previously invested in the company and is also the brand’s ambassador.
The new funds will improve the company’s capabilities in the production of drone systems. The funds will also be assigned to expand their current production installation and accelerate the completion of an R&D center and tests for the advanced defense drones design.
This development not only strengthens Garuda Aerospace position in the Indian aerospace ecosystem, but also aligns it with the largest nations vision of achieving self -sufficiency in the manufacture of high -tech defense, according to the statement.
Agishwar Jayaprakash, founder and CEO of Garuda Aospace, said that financing not only strengthens its ability to climb manufacturing and innovation, but also positions the company to accelerate the development of next -generation drones technology.
Dr. Supporta Ranjan Sharma, co -founder and managing director of VCAT, said that Garuda’s role in strengthening the Indian defense manufacturing ecosystem of India, while creating a global footprint, was exciting.
The seven -year -old company has more than 400 drones and 500 pilots operating in 84 cities. Manufactures 30 types of drones and sacrifices 50 types of services. Having Served Over 750 clients, Including Tata, Godrej, Adani, Reliance, Swiggy, Flipkart, Delhiver, L & T, Survey of India, Sail, NTPC, IOCL, Smart Cities, Intel, Amazon, Wip NHAILED AND NHAIL AND NHLY AND NHALDED AND NHAILED AND NHAILED AND NHAIL AND NHAILED AND NHALLY AND NHLY AND NHLY AND NHLY AND NHALY, NHALY AND NHLY AND NHALY, NHLY AND NHALED AND NHALY AND NHALY AND NHALY Nhald and Nhald and Nhaled Giants such as Lockhead, Callin, Conte Systems and Elbit.
Posted on April 16, 2025