| Date | Title | Description |
| 02.04.2026 | Dronetech Startup Garuda Aerospace Pre-Files Draft Papers For ₹750 Cr+ IPO | SUMMARY
Chennai-based dronetech startup Garuda Aerospace has pre-filed its draft red herring prospectus (DRHP) with the SEBI
While the exact size of the IPO is yet to be determined, the company’s board, via an extraordinary general meeting ... |
| 15.10.2025 | Drone Startup Airbound Raises USD 8.65 Mn to Revolutionise Autonomous Logistics The seed funding round was led by Lachy Groom, co-founder of Physical Intelligence, with participation from Humba Ventur... | Bengaluru-based autonomous logistics startup Airbound has secured USD 8.65 million in seed funding, led by Lachy Groom, co-founder of Physical Intelligence, with participation from Humba Ventures, Lightspeed Venture Partners, and senior exe... |
| 20.09.2025 | India's Drone Industry Braces For Impact As Govt Plans Stricter Regulations India may reverse some of its relaxed rules and regulations for drone usage in the country. | India is looking to change its drone rules that may have a big impact on the related industry and hobbyists as well.
India's Civil Aviation Ministry has come up with a "Draft Civil Drone (Promotion and Regulation) Bill, 2025" whic... |
| 18.09.2025 | EndureAir Systems raises $2.85 M from IAN Alpha Fund | Deep-tech UAV (Unmanned Aerial Vehicle) and aerial robotics company EndureAir Systems has raised Rs 25 crore, or roughly $2.85 million, in funding led by IAN Alpha Fund and including IAN Angel Fund.
The money raised will go toward expanding... |
| 10.09.2025 | EndureAir and Asaya Raise Early-Stage Funding The below brands have announced their latest funding rounds. |
Deep-tech Startup EndureAir Systems Raises INR 25 Cr Funding
EndureAir Systems, a Noida-based deep-tech company specialising in unmanned aerial vehicles and aerial robotics, has secured INR 25 crore in funding.
The round was led by IAN Alp... |
| 18.08.2025 | We Founder Circle CEO Neeraj Tyagi succumbs to cardiac arrest, aged 50 | Neeraj Tyagi | Credit: LinkedIn
Neeraj Tyagi, the co-founder of investment platform We Founder Circle and early-stage venture capital fund Avinya Ventures, died of cardiac arrest early in the morning on Sunday.
He had no prior history of ca... |
| 27.06.2025 | Soaring High: Raphe mPhibr's $100 Million Leap into the Future of Drone Technology | In a world where technology evolves at breakneck speed, the aerospace sector is no exception. The recent $100 million funding round for Indian drone manufacturer Raphe mPhibr Pvt Ltd marks a significant milestone. This funding, led by the U... |
| 26.06.2025 | General Catalyst leads $100 mn funding in drone maker Raphe mPhibir | Credit: Pixabay
US-based venture capital firm General Catalyst has led a $100 million (about Rs 860 crore) funding round in Indian drone manufacturing company Raphe mPhibr Pvt Ltd, the largest funding round in the space, as the country's de... |
| 11.06.2025 | Garuda Aerospace raises $1 million from Narotam Sekhsaria Family Office, others | ETtech
Drone startup Garuda Aerospace, backed by former Indian cricket team captain Mahendra Singh Dhoni, has raised $1 million in a funding round from the Narotam Sekhsaria Family Office (NSFO).
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Garuda Aerospace fundingdr... |
| 11.06.2025 | Garuda Aerospace Secures Strategic Investment Ahead of IPO The company says the capital infusion will fuel an aggressive expansion in drone manufacturing, increasing output from the current 8,000 unit... | Garuda Aerospace, one of India's prominent drone manufacturers, has received fresh funding from the Narotam Sekhsaria Family Office (NSFO) in the lead-up to its anticipated Initial Public Offering (IPO), according to a press release issued ... |
| 19.04.2025 | From Drones to Diamonds: This Week's Top Funded Startups (April 12–April 18) Here is a list of the startups that have raised the most money this week, from April 12 to April 18. | From drone innovation to autonomous robotics and sustainable manufacturing, Indian startups made impressive strides this week, collectively raising over USD 40 million. These funding rounds reflect investor confidence in tech-led businesses... |
| 19.04.2025 | From Garuda Aerospace To Jewelbox— Indian Startups Raised $65 Mn This Week | SUMMARY
Between April 14 and 19, startups cumulatively raised a meagre $65.3 Mn across 22 deals, a 67% drop from the $195.1 Mn raised via twenty deals in the preceding week
Deeptech emerged as the most funded sector this week, with four sta... |
| 16.04.2025 | Garuda Aerospace Bags INR 100 Cr From Venture Catalysts, Others | SUMMARY
The latest funding is part of Garuda Aerospace's Series B round with a post-money valuation of $250 Mn
The Chennai-based startup will deploy the fresh funds to fuel its R&D efforts and scale up production facilities
Founded in 2... |
| 16.04.2025 | MS Dhoni-backed drone start-up Garuda Aerospace raises ₹100 crore in Series B Funding | - |
| 16.04.2025 | MS Dhoni-backed Garuda Aerospace Raises INR 100 Cr in Series B from Venture Catalysts A significant portion of the new funding will also be allocated to expanding Garuda's IP portfolio, which currentl... | Drone tech startup Garuda Aerospace, backed by cricketer MS Dhoni, has secured INR 100 crore (USD 11.6 million) in a Series B funding round led by Venture Catalysts, valuing the company at USD 250 million post-money.
The fresh capital will ... |
| 16.04.2025 | Garuda Aerospace secures Series B funding from Venture Catalysts | (From left) Garuda Aerospace co-founder and CEO Agnishwar Jayaprakash, investor MS Dhoni, and co-founder Rithika Agnishwar
Garuda Aerospace announced on Wednesday that it has secured Rs 100 crore ($11.7 million) in a Series B funding round ... |
| 16.04.2025 | MS Dhoni-backed Garuda Aerospace scores Rs 100 Cr in Series B funding | MS Dhoni-backed drone startup Garuda Aerospace on Wednesday said it secured Rs 100 crore in a Series B funding round led by Venture Catalysts at a valuation of $250 million, as it gears up to accelerate its run rate in indigenous drone ma... |
| 16.04.2025 | Drone startup Garuda Aerospace secures Rs 100 crore funding from Venture Catalysts at $250 million valuation | ETtech
Drone startup Garuda Aerospace, backed by former Indian cricket team captain Mahendra Singh Dhoni, has raised Rs 100 crore in its Series B funding round from early-stage investor Venture Catalysts, at a valuation of $250 million.
Rea... |
| 30.01.2025 | Chennai-Based Peaceful Progress Fund Eyes Innovation with INR 50 Cr First Close The fund plans to invest in 25+ startups over three years, focusing on AI, IoT, FMCG, EVs, drones, and spacetech across ... | Chennai-based SEBI-registered CAT-I Alternative Investment Fund (AIF), Peaceful Progress Fund, has successfully closed its first fund at INR 50 crore.
The fund, dedicated to co-investing in early-stage businesses across tech-enabled, consum... |
| 07.10.2024 | MS Dhoni Increases Investment in Drone Startup Garuda Aerospace Ahead of IPO MS Dhoni boosts his stake in Garuda Aerospace to 1.1% with a fresh INR 4 crore investment, supporting the drone startup's u... | Former Indian cricket captain MS Dhoni has amplified his investment in the drone startup Garuda Aerospace, which is gearing up for an initial public offering (IPO). While the exact investment amount remains undisclosed, sources indicate tha... |
| 04.10.2024 | MS Dhoni invests Rs 4 crore in IPO-bound drone startup Garuda Aerospace | Agencies
Former Indian cricket captain MS Dhoni has increased his investment in the drone start-up Garuda Aerospace, which is preparing for an IPO. While the exact amount of the investment has not been publicly disclosed, sources indicate t... |
| 04.10.2024 | MS Dhoni Tops Up Bet On Drone Startup Garuda Aerospace | SUMMARY
Cricketer MS Dhoni has made an additional investment in Garuda Aerospace, a drone startup based in Chennai
Dhoni, who is also the brand ambassador for Garuda Aerospace, expressed his belief in the company's vision to make India a gl... |
| 28.08.2024 | Garuda Aerospace plans to double drone output by FY26
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28 Aug 2024 1 Min Read CW Team
Garuda Aerospace, a leading Indian drone manufacturer, has announced its plans to double its drone production capacity by FY26, aim... |
| 02.08.2024 | Garuda Aerospace Teams with French Thales to Boost Drone Ecosystem
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Adani Energy Sets QIP Floor Price | AVIATION & AIRPORTS Garuda Aerospace Teams with French Thales to Boost Drone Ecosystem
02 Aug 2024 1 Min Read CW Team
French aerospace leader Thales revealed that it had entered into a preliminary agreement with Garuda Aerospace, a prom... |
| 04.06.2024 | Garuda Aerospace aims to sell 50,000 agri, consumer drones in coming years | - |
| 16.04.2024 | Mahendra Singh Dhoni Ventures into the EV Space: Invests in EMotorad Dhoni has invested in a number of businesses over the years, including the fitness startup Tagda Raho, the drone startup Garuda Aer... | - |
| 11.04.2024 | ISRO places first order with Garuda Aerospace | AVIATION & AIRPORTS ISRO places first order with Garuda Aerospace
11 Apr 2024 1 Min Read CW Team
Garuda Aerospace announced that it had secured the first order from ISRO for the provision of its state-of-the-art quadcopter drones. The d... |
| 11.04.2024 | Garuda Aerospace Secures First Order from ISRO | AVIATION & AIRPORTS Garuda Aerospace Secures First Order from ISRO
11 Apr 2024 2 Min Read CW Team
Garuda Aerospace, a prominent player in the aerospace industry, has secured its first-ever order from the Indian Space Research Organisati... |
| 30.10.2023 | Deals in brief: J&T Express makes HKEX debut, Gentari and GIC invest in AM Green Ammonia Holdings, multiple China and India deals, and more | J&T Express raises USD 450 million in Hong Kong Stock Exchange debut
The logistics service provider made its debut on the Hong Kong Stock Exchange last Friday, revealing a public offer price of HKD 12 (USD 1.53) per share, resulting in ... |
| 25.10.2023 | Garuda Aerospace Secures Rs 25 Crore Bridge Funding, Targets Expanding Drone Demand | Garuda Aerospace, a Chennai-based drone manufacturer, has raised Rs 25 crore in a bridge funding round led by integrated incubator Venture Catalysts and WeFounderCircle. The funding round also saw participation from several prominent invest... |
| 25.10.2023 | MS Dhoni-backed drone startup Garuda Aerospace raises funding of Rs 25 cr | Garuda Aerospace, the drone company backed by former Indian cricket captain Mahendra Singh Dhoni, has raised Rs 25 crore in a fresh bridge round of funding led by Venture Catalysts and WeFounderCircle. The funding round witnessed commitment... |
| 25.10.2023 | Drone maker Garuda Aerospace raises Rs 25 crore from Venture Catalysts, others | ETtechAgnishwar Jayaprakash, founder CEO, Garuda Aerospace.
Drone startup Garuda Aerospace, backed by former Indian cricket team captain Mahendra Singh Dhoni, has raised Rs 25 crore in a recent bridge round of funding led by early-stage inv... |
| 18.02.2023 | [Funding Galore] From InsuranceDekho To Garuda Aerospace — Indian Startups Raised $301 Mn This Week | Around $301 Mn has been raised across 19 deals between February 13 and February 18
The week saw CarDekho’s insurance arm InsuranceDekho raising $150 Mn in a Series A round
Inc42 exclusively reported about neobank startup Jupiter acquiring H... |
| 17.02.2023 | Garuda Aerospace and Narayana Health Join Hands to Transport Biomedical Samples Using 'Sanjeevani' Drones | Bengaluru, Karnataka, India
Garuda Aerospace, a leading provider of drone technology solutions, today announced a partnership with Narayana Health, one of India's leading healthcare providers, for transporting bio medical samples using dron... |
| 13.02.2023 | Garuda Aerospace Raises $22 Mn In Series A Funding Round | Garuda Aerospace, a Chennai-based drone startup, has raised $22 million (around Rs 182 crore) in a Series A funding round led by early-stage venture capital company SphitiCap.
The round, which valued the startup at $250 million, also saw pa... |
| 13.02.2023 | Drone startup Garuda Aerospace raises $22M in a Series A round | Advertisment
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| 13.02.2023 | Garuda Aerospace raises $22 mn, aims to sell 25,000 drones in next 18 mnths | Drone startup Garuda Aerospace on Monday said it has raised $22 million which is touted as the largest-ever Series A funding in the drone sector.
Venture capital firm SphitiCap invested $12 mn along with participation from other global inve... |
| 13.02.2023 | Garuda Aerospace raises $22 mn in Series A round | Agnishwar Jayprakash, founder and CEO, Garuda Aerospace
Drone maker Garuda Aerospace has raised $22 million (around Rs 182 crore) in a Series A round, led by early-stage venture capital company SphitiCap.
The round - that also saw participa... |
| 13.02.2023 | Garuda Aerospace raises $22 mn in Series A round | K Amoghavarsha 13 Feb, 2023
Drone maker Garuda Aerospace has raised $22 million (around Rs 182 crore) in a Series A round, led by early-stage venture capital company SphitiCap.
The round - that also saw participation from other global inves... |
| 13.02.2023 | Drone startup Garuda Aerospace raises $22 million in funding led by SphitiCap | Agnishwar Jayaprakash, founder and CEO, Garuda Aerospace
Drone startup Garuda Aerospace on Monday said it has raised $22 million in an early stage funding round led by venture capital firm SphitiCap.
The Series A funding round provides Garu... |
| 13.02.2023 | Garuda Aerospace Secures $17 Mn Funding From SphitiCap, Others | Of the total $17 Mn investment, SphitiCap infused $12 Mn while global and angel investors along with HNIs concertedly put $5 Mn
The startup said the proceeds of the fund will be used to strengthen its existing offerings and expand operation... |
| 13.02.2023 | Garuda Aerospace raises $22 Mn in Series A, turns profitable in FY22 | Drone startup Garuda Aerospace has raised $22 million in its Series A round led by Venture Capital firm SphitiCap with the participation of other global investors, angels, and HNIs.
The latest round includes a $12 million investment from Sp... |
| 13.02.2023 | Drone player Garuda Aerospace raises $22 mn from SphitiCap & others | Drone-as-a-Service (DaaS) player Garuda Aerospace on Monday said it has raised $22 million as Series A funding.
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According to Garuda Aerospace, the funding round was led by Venture Capital firm SphitiCap which invested $12 mill... |
| 13.02.2023 | Drone Startup Garuda Aerospace Raises Rs 180 Crore In Funding Led By SphitiCap
WRITTEN BY | Drone manufacturer Garuda Aerospace has raised $22 million (Rs 181 crore) in a Series A funding round led by early stage investor SphitiCap.
SphitiCap invested $12 million, while other global investors, angel investors and high net worth in... |
| 13.02.2023 | Garuda Aerospace Raises $22 Mn In Series A Round | - |
| 03.01.2023 | New delivery drone technology put to the test | |
| 10.11.2022 | Drone player Garuda Aerospace raises $5 mn | City-based drone-as-a-service company Garuda Aerospace said that has raised $5 million from a large infrastructure development company, high-net-worth individuals and angel investors.
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With the acquired funds, Garuda Aerospace ... |
| 10.11.2022 | Drone Startup Garuda Aerospace Raises $5 Million In Funding | Garuda Aerospace, a Chennai-based drone startup, has raised $5 million in funding from a large infra-development company, a group of HNI and angel investors from India, Singapore and the UAE.
The startup plans to use the raised funds to foc... |
| 06.06.2022 | MS Dhoni Invests In Drone Startup Garuda Aerospace, Joins As Brand Ambassador | Founded in 2015 by Jayaprakash, Garuda Aerospace is a drone-as-a-service (DaaS) startup
Garuda Aerospace has recently received orders for around 8,000 drones from multiple countries
Garuda has become the latest startup to rope in a crickete... |
| 30.05.2022 | Garuda Aerospace's Agnishwar Jayaprakash Promises to Create Employment for 10 Lakh Indian Youth in an Open Letter to the PM | Chennai, Tamil Nadu, India
Leading Indian Drone start-up, Garuda Aerospace continues to innovate and lead the category’s growth in India. Committed to building a comprehensive and safe ecosystem for the use of drones in India, Garuda Aerosp... |
| - | Drone startup Garuda Aerospace raises $5M to build for Armed Forces | Chennai-based drone startup Garuda Aerospace has secured $5 million in funding from a large infra development company, a group of HNI and angel investors from India, the UAE, and Singapore.With the new capital, Garuda Aerospace plans to f... |
| - | Apoorva Ranjan Sharma
MS Dhoni-backed Garuda Aerospace Raises INR 100 Cr in Series B from Venture Catalysts | - |
| - | Drone Startup Garuda Gets Global Funding, Bags Over 8,000 Drone Orders From Malaysia, Panama & UAE | The Chennai-based startup is also gearing up for a larger funding round scheduled in June this year, likely to raise about $30 Mn capital in the round
After PM Narendra Modi launched ‘Make in India’ drone manufacturing facilities in Februar... |
| - | Garuda Aerospace | “Garuda Aerospace Pvt Ltd is the market leader in the Drone as a Solution space to increase efficiency & it is the Best Drone Company in India” |
| - | Drone startup Garuda Aerospace raises $22M in Series A led by VC firm SphitiCap | Drone startup Garuda Aerospace has raised $22 million in a Series A funding round led by venture capital firm SphitiCap. The round also saw participation from other global investors, angel investors, and HNIs.
The company raised $12 milli... |
| - | Garuda Aerospace | “Garuda Aerospace stands out as the Best Drone Manufacturing Company in India, offering cutting-edge Drone solutions for agriculture, defense, and beyond.” |
| - | Garuda Aerospace | “Named after captain cool M.S.Dhoni DRONI – India’s Smartest Personal Drone https://youtu.be/XI26fJMPrig?si=2pPixlailvyTRJe7 Inspired by M.S.Dhoni, crafted by Garuda Aerospace, the Droni Drone is a technological marvel. It features a 4K 48M... |
