{"id":243979,"date":"2025-04-16T14:52:31","date_gmt":"2025-04-16T14:52:31","guid":{"rendered":"https:\/\/peoplebugs.com\/business\/garuda-aerospace-raises-%e2%82%b9100-crore-in-series-b-funding\/"},"modified":"2025-04-17T00:58:49","modified_gmt":"2025-04-17T00:58:49","slug":"garuda-aerospace-raises-%e2%82%b9100-crore-in-series-b-funding","status":"publish","type":"post","link":"https:\/\/peoplebugs.com\/business\/garuda-aerospace-raises-%e2%82%b9100-crore-in-series-b-funding\/","title":{"rendered":"Garuda Aerospace raises \u20b9100 crore in Series B funding\u00a0"},"content":{"rendered":"


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<\/picture><\/div>\n

\n Agnishwar Jayaprakash, Founder and CEO, Garuda Aerospace with a drone.
\n | Photo Credit: Bijoy Ghosh\n <\/p>\n<\/div>\n

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Garuda Aerospace, a drone start-up, said it has raised \u20b9100 crore in its Series B funding round from Venture Catalysts (VCAT), at a valuation of $250 million.\u00a0<\/p>\n

The fresh funds are expected to enhance the company\u2019s capabilities in producing drone systems.\u00a0<\/p>\n

The funds will also be allocated to scaling up its current production facility and fast-tracking the completion of a cutting-edge R&D and testing centre dedicated to advanced defence drone design, the firm said.<\/p>\n

Agnishwar Jayaprakash, Founder and CEO, Garuda Aerospace, said, \u201cThis Series B funding will only strengthens our capacity to scale manufacturing and innovation but also positions us to accelerate the development of next-generation drones technology.\u201d<\/p>\n

\u201c As we prepare for global growth expansion journey, this investment reinforces our commitment to building world-class, indigenous drone technologies that contribute to India\u2019s economic progress, self-reliance in defense, and technological leadership on the global stage,\u201d he added.<\/p>\n

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Published – April 16, 2025 08:22 pm IST<\/span><\/p>\n<\/div>\n<\/div>\n


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Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Agnishwar Jayaprakash, Founder and CEO, Garuda Aerospace with a drone. | Photo Credit: Bijoy Ghosh Garuda Aerospace, a drone start-up, said it has raised \u20b9100 crore in its Series B funding round from Venture Catalysts (VCAT), at a valuation of $250 million.\u00a0 The fresh funds are expected to enhance the company\u2019s capabilities in producing drone […]<\/p>\n","protected":false},"author":2,"featured_media":243980,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[10],"tags":[],"class_list":{"0":"post-243979","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business"},"yoast_head":"\nGaruda Aerospace raises \u20b9100 crore in Series B funding\u00a0 -<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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