Hyderabad-based drone technology firm Marut Drones has raised $6.2 million in Series A funding from Lok Capital.
The company plans to use the funds for developing advanced agricultural drones, expanding its network and service centers, and establishing drone agriculture service hubs.
Marut Drones aims to modernize agriculture, create rural employment opportunities, and enhance productivity for farmers.
The drone market in India is projected to reach $15 billion by 2030.