Launch · Government, Defense & Space
Garuda Aerospace gets export licence, plans global shipments
By Startup Enthusiast ·
- Date
- Company
- Garuda Aerospace
- What it does
- Drone manufacturer and services
- Kind
- Launch
- Amount
- ₹100 Cr
- Stage
- Series B
- Founded
- 2015
What they do
Garuda Aerospace makes drones for agriculture, surveillance, and defence
What happened
It received an export licence and will start shipping to the US, Australia, and the Middle East
Why it matters
The company raised ₹100 crore in Series B in April 2025 and is preparing for an IPO
The details
- Garuda Aerospace has received an export licence for drone shipments.
- It will begin exports to the US, Australia, and the Middle East.
- The flagship export product is the Garuda Kisan Drone for precision agriculture.
- The company also targets surveillance and security demand in the Middle East.
- Garuda Aerospace is already present in Sri Lanka.
- It aims to operate in at least 50 countries in the coming years.
- The company is preparing for a public listing (IPO) in the near future.
The bigger picture
- Garuda Aerospace raised ₹100 crore in Series B in April 2025, led by Venture Catalysts.
- Its valuation after the Series B round was $250 million.
- Cricket star MS Dhoni increased his stake by 1.1% in 2024 after investing ₹4 crore.
- The company has strategic partnerships with Elbit Systems, Lockheed Martin, Thales, Cognizant, and SAS Greece.
About the business
- Garuda Aerospace makes drones for agriculture, surveillance, payload delivery, landmine detection, and rocket launches.
- 70% of its current revenue comes from precision agriculture.
- The innovation pipeline includes amphibious drones and ISR (intelligence, surveillance, reconnaissance) systems.
- It has conducted multiple demonstrations for the Army, Navy, and Air Force.
What happens next
- Begin exports to the US, Australia, and the Middle East.
- Operate in at least 50 countries in the coming years.
- Prepare for a public listing (IPO) in the near future.
The deal
- Type
- launch
Investors
- Venture Catalysts (lead) — Led the Series B round in April 2025.
- MS Dhoni (existing) — Brand ambassador since 2022; increased stake by 1.1% in 2024 after investing ₹4 crore.
Founders
- Agnishwar Jayaprakash, founder and CEO
About Garuda Aerospace
- Product
- Manufacturing and development of autonomous drones for agriculture, defense, and material handling; proprietary drone OS and R&D capabilities
- Customers
- Government agencies, defense sector, agricultural stakeholders, logistics operators in India and international markets
- How it makes money
- Direct sales of drones, software licensing, and training services for government and enterprise customers
- What sets it apart
- Proprietary defense-grade drone technology with presence in 50 countries; demonstrated capabilities for flood relief and disaster management
Other articles talking about it
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