Marut Drones, an India-based drone technology company, has secured $6.2 million in Series A funding.
The funding will be used to expand manufacturing capabilities, develop new agricultural applications, and strengthen the company's presence in rural communities across India.
The Indian government's ban on drone imports has provided an opportunity for domestic manufacturers like Marut Drones to lead in the country's growing drone market, focusing on meeting local agricultural and industrial needs.
Marut Drones plans to use the funding to support agricultural advancements, create rural job opportunities, increase manufacturing capacity, and establish partnerships to enhance market reach.