Home-grown ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/defence-technology” target=”_blank”>defence technology company ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/vayudh” target=”_blank”>Vayudh has raised $10 million in a ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/funding-round” target=”_blank”>funding round led by Vy Capital’s offshoot ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/dharana-capital” target=”_blank”>Dharana Capital.
The round also saw participation from ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/zomato-founder” target=”_blank”>Zomato founder and chief executive Deepinder Goyal, along with other investors. Vayudh had earlier raised funds from Florintree Advisors.
The funds will be used for strengthening R&D capabilities, scaling up manufacturing infrastructure, and accelerating deployments with India’s defence forces.
“This funding marks a pivotal step in our journey to develop indigenous, cutting-edge…
