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The reason for the recission is to re-evaluate the term sheet and focus on the current growth and future opportunities in the sector, DroneAchary said
However, DroneAcharya founder and MD Prateek Srivastava told Inc42 that the company has not cancelled the merger but put it on hold for now
In January, DroneAcharya and agri-drone company AITMC Ventures signed a term sheet for a strategic merger
BSE SME-listed DroneAcharya has taken a U-turn from its decision to merge…
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The reason for the recission is to re-evaluate the term sheet and focus on the current growth and future opportunities in the sector, DroneAchary said
However, DroneAcharya founder and MD Prateek Srivastava told Inc42 that the company has not cancelled the merger but put it on hold for now
In January, DroneAcharya and agri-drone company AITMC Ventures signed a term sheet for a strategic merger
BSE SME-listed DroneAcharya has taken a U-turn from its decision to merge…
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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