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Garuda Aerospace, an Indian drone startup backed by former cricket captain MS Dhoni, has secured ₹100 crore (approximately $11 million) in its Series B funding round. The investment was led by Venture Catalysts, valuing the company at $250 million. This funding round highlights continued investor interest in the drone technology sector in India.
Indian drone startup Garuda Aerospace secures $11m series B https://t.co/ZZnlavzxA5
Garuda Aerospace raises ₹100 crore in Series B funding https://t.co/tfZ83GRtcj
Garuda Aerospace, a drone start-up, said it has raised ₹100 crore in its Series B funding round from Venture Catalysts at a valuation of $250 million. https://t.co/tfZ83GRtcj