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Analysis · AI & Deep Tech

Drone startup raises 46 crore in pre-series a round

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Date
Company
Unspecified Drone Startup
What it does
Builds drones for defence and civil use
Kind
Analysis
Amount
₹46 Cr
Stage
Pre-Series A
Founded
2018
Sector
AI & Deep Tech

What they do

The company builds drones and allied technology for both defence and civil applications

What happened

It raised nearly ₹46 Cr in an ongoing Pre-Series A round at a ₹420 Cr valuation

Why it matters

Revenue jumped 330% to ₹22.4 Cr in FY25 with plans to reach ₹100 Cr next year

The details

  • An unspecified Indian drone startup has raised nearly ₹46 Cr in an ongoing Pre-Series A funding round.
  • The round was led by India Accelerator, Finvolve, and a clutch of family offices.
  • The company achieved a post-money valuation of ₹420 Cr following this capital injection.
  • Founded in 2018, the firm supplies drones to the Armed Forces and handles civil use cases.
  • Drones were supplied during Operation Sindoor last year, highlighting its defence sector involvement.
  • The startup is planning to continue raising capital to support product development and business expansion.
  • Investors are backing the company's growth trajectory driven by significant revenue increases.
  • The funding will help scale operations as the company targets higher revenue milestones.

The bigger picture

  • A 330% YoY revenue jump signals strong market demand for its products.
  • Defence and civil dual-use technology is a high-growth area for Indian startups.
  • Family office participation indicates confidence in the company's long-term potential.

About the business

  • The company designs and manufactures drones for various operational requirements.
  • It serves both the defence sector and civil application markets.
  • Products include allied technology alongside core drone hardware solutions.
  • Revenue reached ₹22.4 Cr in FY25, showing substantial commercial traction.
  • The firm experienced a 330% year-over-year jump in revenue.
  • Founders established the company in 2018 to address these tech needs.
  • The business model relies on selling hardware and allied technology services.
  • Supplying the Armed Forces provides a stable and high-value customer base.
  • Civil use cases diversify revenue streams beyond government contracts.

What happens next

  • The company aims to achieve ₹100 Cr revenue in FY26.
  • Plans include continuing to raise capital for further expansion.
  • Product development remains a key focus for future growth.

The deal

Type
Pre-Series A

Investors

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