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Indian drone startup Raphe mPhibr raises $100M as military UAV demand soars

  • Indian drone startup Raphe mPhibr secures $100 million in Series B funding.
  • Raphe mPhibr aims to enhance R&D and production capabilities due to growing drone demand.
  • Startup offers various drones to Indian government agencies and plans global expansion.
  • Company produces flight controllers and components domestically, focusing on AI for drone capabilities.
  • Raphe mPhibr profitable, eyes IPO in 2-5 years, has around 600 employees.

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