Drone startup ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/garuda-aerospace” target=”_blank”>Garuda Aerospace, backed by former Indian cricket team captain ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/mahendra-singh-dhoni” target=”_blank”>Mahendra Singh Dhoni, has raised Rs 100 crore in its ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/series-b-funding” target=”_blank”>series B funding round from early-stage investor ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/venture-catalysts” target=”_blank”>Venture Catalysts, at a valuation of $250 million.

The newly raised funds will be utilised to enhance its ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/drone-manufacturing” target=”_blank”>drone manufacturing capabilities, scale up its production facility, and accelerate the completion of an R&D and testing centre focused on advanced ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/defence-drone” target=”_blank”>defence drone design, the Chennai-based company said on Wednesday.

The company also plans to expand its ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/intellectual-property-portfolio” target=”_blank”>intellectual property…

Drone startup ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/garuda-aerospace” target=”_blank”>Garuda Aerospace, backed by former Indian cricket team captain ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/mahendra-singh-dhoni” target=”_blank”>Mahendra Singh Dhoni, has raised Rs 100 crore in its ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/series-b-funding” target=”_blank”>series B funding round from early-stage investor ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/venture-catalysts” target=”_blank”>Venture Catalysts, at a valuation of $250 million.

The newly raised funds will be utilised to enhance its ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/drone-manufacturing” target=”_blank”>drone manufacturing capabilities, scale up its production facility, and accelerate the completion of an R&D and testing centre focused on advanced ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/defence-drone” target=”_blank”>defence drone design, the Chennai-based company said on Wednesday.

The company also plans to expand its ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/intellectual-property-portfolio” target=”_blank”>intellectual property…