Topic

dronetech

The image shows a Marut drone, a multi-rotor UAV with a sleek black frame, equipped with four propellers and various sensors and attachments. The drone hovers against a blurred outdoor background, suggesting it is in flight. The logo "Marut Drones" appears in bold text to the right, with the "A" stylized to include a red dot.

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.

Piyush Goyal, a minister in the Government of India, stands beside a graphic of a drone on a blue background. The text reads "PLI Scheme for Drones."

The Next Phase of India's PLI Scheme for Drones: A Boost for Startups and MSMEs

India’s drone sector is on the cusp of significant growth, with the government set to launch an improved Production-Linked Incentive (PLI) scheme tailored to startups and MSMEs. This initiative will address issues faced by smaller players, such as complex documentation and limited inclusivity, while offering increased financial support. The new scheme, with a proposed outlay of ₹1,000 crore, aims to encourage indigenous drone manufacturing, segment the market into civilian, defense, and counter-drone uses, and empower rural women entrepreneurs through programs like the Namo Drone Didi Scheme. This effort aligns with India’s Make in India vision and focuses on bolstering domestic innovation in both civilian and defense drone technologies​.

The image features a drone in flight over a vibrant green field with a clear blue sky in the background. The drone appears to be spraying a substance from two nozzles beneath it. Above the drone, there is a logo that includes a three-part triangular symbol and the text "IG DRONES™," both in white. The scene suggests agricultural or industrial use of the drone for tasks like crop spraying.

IG Drones Raises $1M to Boost Defense Drone Technology

IG Drones, India's leading Drone Tech and AI company, has raised $1 million in its initial funding round led by India Accelerator and angel investors. The funds will support advanced R&D for defense applications, alongside plans for global expansion. With India's drone market expected to grow to ₹2.5 trillion by 2030, IG Drones is well-positioned to capitalize on this momentum. The company’s AI-powered Jaga drone and other innovations are transforming sectors like defense and agriculture. IG Drones has completed over 500 projects, partnered with the Indian Army, and trained 50,000+ youth. With expansion plans in five countries, IG Drones is set to lead the drone tech revolution globally.