Garuda Aerospace raises $1 million from Narotam Sekhsaria Family Office, others - The Economic Times

▤ Summary

Garuda Aerospace raised $1 million from the Narotam Sekhsaria Family Office and other investors. The company plans to use the money to scale drone manufacturing from 8,000 units a year to as many as 15,000, while also speeding up R&D. It aims to expand exports to 50 countries by year-end and grow its presence in the US and Africa. The startup says it is increasingly focusing on software and automation in its drones, alongside its existing drone products, services, and training business.

$ Funding

▦ Linked Companies