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Marut Drones secures $6.2 million funding from Lok Capital

Nov 05, 2024over 1 year ago

Contract Type

partnership

HyderabadManufacturingAgriculture and Farming

Description

Marut Drones has successfully raised $6.2 million from Lok Capital in Series A funding, aiming to further develop its drone technology for aerial data collection and analytics.

Company Information

Company

Marut Dronetech

Location

Hyderabad, Telangana, India

About

Marut Dronetech is a drone manufacturing and training startup focused on advanced agricultural applications. Founded in 2019, the company is committed to empowering Indian farmers by offering innovative drone-based services. With a fleet of 750 drones and over 1,000 drone pilots, Marut Dronetech aims to expand its operations across Tier 2-3 cities in India. The company also explores applications in disaster management and surveillance.

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