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Dronetech firm Marut Drones bags $6.2M in Series A funding from Lok Capital

  • 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.

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