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Economic Times

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Drone startup Garuda Aerospace secures Rs 100 crore funding from Venture Catalysts at $250 million valuation

  • Drone startup Garuda Aerospace raised Rs 100 crore in series B funding from Venture Catalysts.
  • The company plans to enhance drone manufacturing capabilities and scale up production facility.
  • Garuda Aerospace aims to advance both civilian and defence drone innovations.
  • The Chennai-based company operates a fleet of 400 drones and has served over 750 clients, including Tatas, Adani, and government agencies.

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