Garuda Aerospace to export 12,000 drones

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Drone manufacturer and drone-as-a-service provider Garuda Aerospace will ship out about 4,000 drones to African countries and is also the lowest bidder in the RITES Ltd’s tender for LiDAR based survey, said a top company official.

Meanwhile, Garuda Aerospace has raised an undisclosed sum as Pre-series A funding from investors led by Ocgrow Ventures.

According to Jayaprakash, the investors include prominent super angels from the global Investment banking circles.

This investment round would serve more so as a primer before the startup’s larger $30 million Series A Round scheduled in June 2022.