Marut Drone Startup Raises $6.2M to Advance Aerial Tech in Hyderabad
Marut Dronetech, a Hyderabad-based drone startup, has raised $6.2 million in Series A funding from Lok Capital. Founded in 2019, Marut focuses on using drones for agriculture, healthcare, and rural development. The funds will be used to develop advanced agricultural drones, expand service centers in Tier 2 and 3 cities, and establish Drone-as-a-Service hubs. Marut aims to scale its operations, with a five-year revenue target of ₹1,000 crore and plans to manufacture 3,000 drones annually, supporting its mission to drive sustainable growth and entrepreneurship in rural India.