Marut Dronetech raised $6.2 million in Series A funding led by Lok Capital to develop advanced agricultural drones and expand services into rural areas.
Amount Raised
$6.2 Million
Round Type
Series A
HyderabadManufacturingAgriculture and FarmingInvestors
Description
Marut Dronetech announced it has raised $6.2 million in Series A funding from Lok Capital. The funds will be used to enhance their agricultural drone offerings and expand their operations in Tier 2-3 cities.
Quick answer
Marut Dronetech raised $6.2 Million in a Series A round, dated November 5, 2024. Investors: Lok Capital. Marut Dronetech is based in Hyderabad, Telangana, India.
- How much did Marut Dronetech raise?
- Marut Dronetech raised $6.2 Million in a Series A round on November 5, 2024.
- Who invested in Marut Dronetech?
- Lok Capital is named as investors in this round.
- What does Marut Dronetech do?
- Marut Dronetech is a drone manufacturing and training startup focused on advanced agricultural applications.
- Where is Marut Dronetech based and how big is it?
- Marut Dronetech is based in Hyderabad, Telangana, India.
- Who are the decision-makers at Marut Dronetech?
- Fundz holds 1 contact at Marut Dronetech. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Agriculture and Farming and Manufacturing around the same time
Companies in the same sectors as Marut Dronetech that raised within 45 days of this round, from Fundz verified event records.
- Micropep Technologies raised $40M (Series B) on December 6, 2024.
- Agrileaf raised $2M (Seed) on December 3, 2024.
- Farmwise raised $8M on November 15, 2024.
- Happy Plant Protein raised $1.9M (Pre-Seed) on November 14, 2024.
- Verano raised $2M (Seed) on November 11, 2024.
- Cauldron raised an undisclosed amount (Grant) on October 2, 2024.
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What this usually meansMarut Dronetech raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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