DroneAcharya Aerial Innovations Raises 4.6 Million, Achieves 1,000% Growth in 2 Years
DroneAcharya Aerial Innovations, a leading Indian drone startup, has announced its successful fundraising of 4.6 Million in a Pre-seed Round, one of the highest by an Indian drone startup till date in 2021. The company has achieved an impressive growth of 1,000% over the last 2 financial years (FY 2021-22 and FY 2022-23). DroneAcharya is known for its innovative applications in precision agriculture, drone survey, drone delivery, and drone as a service (DaaS). The startup has also made significant contributions to the drone industry through various projects, such as carrying out BVLOS (Beyond Visual Line of Sight) drone missions for delivery of COVID-19 vaccines and lifting the largest greeting card by a drone for Honorable Prime Minister Narendra Modi.
Key Highlights
- Raised 4.6 Million in Pre-seed Round
- Achieved a growth of 1,000% over the last 2 financial years
- One of the first drone companies to carry out BVLOS drone missions for COVID-19 vaccine delivery
- Lifted the largest greeting card by a drone for Honorable Prime Minister Narendra Modi
- Secured a contract worth USD 1.26 Million (INR 10.5 Crore) in Qatar for Drone Sales, Service and Software Development