Garuda Aerospace Invests In MapmyIndia-Backed Zuppa 

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SUMMARY

While Garuda has infused INR 1 Cr in Zuppa, it has also placed orders worth INR 1 Cr for the Chennai-based company’s drones

Zuppa cofounder Sai Pattabiram told Inc42 that the company’s post-money valuation stands at INR 160 Cr after the latest investment

Pattabiram said that the investment is part of its ongoing bridge funding round of $1 Mn

Garuda Aerospace has made a strategic investment in MapmyIndia-backed drone manufacturing startup Zuppa Neo Navigation Technologies. 

While Garuda has infused INR 1 Cr in…



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Garuda Aerospace Invests In MapmyIndia-Backed Zuppa 


SUMMARY

While Garuda has infused INR 1 Cr in Zuppa, it has also placed orders worth INR 1 Cr for the Chennai-based company’s drones

Zuppa cofounder Sai Pattabiram told Inc42 that the company’s post-money valuation stands at INR 160 Cr after the latest investment

Pattabiram said that the investment is part of its ongoing bridge funding round of $1 Mn

Garuda Aerospace has made a strategic investment in MapmyIndia-backed drone manufacturing startup Zuppa Neo Navigation Technologies. 

While Garuda has infused INR 1 Cr in…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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