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Funding · Agriculture & Food Systems

Suind raises ₹20.5 crore seed round

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SUIND logo
Date
Company
SUIND
What it does
Autonomous drone systems developer
Kind
Funding
Amount
₹20.5 Cr
Stage
seed
Based in
Bengaluru
Founded
2020
Sector
Agriculture & Food Systems

What they do

Suind builds autonomous drones using computer vision, not GPS

What happened

It raised ₹20.5 crore seed round led by Transition VC with IIMA Ventures participating

Why it matters

Funds will scale its agricultural drone Bumblebee and develop WASP for industrial use

The details

  • Suind raised a ₹20.5 crore seed round.
  • Transition VC led the round with a ₹20 crore investment for a 25% stake.
  • IIMA Ventures participated with ₹50 lakh for a 0.62% stake.
  • The post-money valuation is approximately ₹80 crore ($8.4 million).
  • Founders Kunal Shrivastava and Kevin Kleber each hold 25.08% post-round.
  • Existing investor Sunicon Ventures holds 9.22% post-round.
  • The company will use funds to scale manufacturing and develop new products.

The bigger picture

  • Indian drone tech is attracting rising investor interest, with deals like ideaForge's ₹500 crore QIP and Skye Air Mobility's $9 million Series B.
  • Suind's GPS-free computer vision navigation differentiates it from many competitors.
  • The company is pre-revenue with a loss of ₹1.89 crore in FY25.

About the business

  • Suind develops autonomous unmanned aerial systems (UAS) using computer vision navigation, not GPS.
  • Its product Bumblebee is a DGCA-certified agricultural spraying drone with a 10-litre capacity.
  • Bumblebee is deployed commercially on farms and plantations.
  • Its product WASP is an autonomous aerial platform for industrial monitoring, security, surveillance, infrastructure inspection, and defence.
  • WASP is in development and has been flight-tested.
  • The company is headquartered in Bengaluru.
  • It was founded in 2020 (some sources say 2022).

What happens next

  • Scale Bumblebee manufacturing and commercial deployment.
  • Accelerate WASP development.
  • Strengthen autonomy tech and engineering team.
  • Expand commercial partnerships.
  • Focus on India as primary market and engineering hub, with selective international expansion.
  • Timeline: next 12-24 months to scale Bumblebee and prepare WASP for market.

The deal

Type
seed

Investors

  • Transition VC (lead) — Transition Venture Capital Fund; invested ₹20 crore for 25% stake.
  • IIMA Ventures (participated) — CIIE Initiatives; invested ₹50 lakh for 0.62% stake.
  • Sunicon Ventures (existing) — Led Suind's previous ₹5 crore seed round in November 2023; holds 9.22% post-round.

Founders

  • Kunal Shrivastava, co-founder and CEO
  • Kevin Kleber, co-founder

About SUIND

Product
Vision-first autonomous unmanned aerial systems including Bumblebee agricultural spraying drone and WASP surveillance platform
Customers
Farmers, plantation owners, and industrial facilities needing autonomous aerial monitoring and agricultural operations
How it makes money
Hardware and services combining autonomous drone sales with deployment and ongoing support for agricultural and industrial use cases
What sets it apart
Computer vision and 3D perception enables autonomous operation at low altitudes and GPS-denied environments where traditional drones fail

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