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 commitments from other notable investors, including Hems Angels, San Angels, Peaceful Progress funds, and several prominent angel investors, which collectively capped out the funding round.
“This fresh capital infusion will play a crucial role in accelerating our growth and enhancing our capabilities to meet the escalating market demand,” said Agnishwar Jayaprakash, founder-chief executive officer, Garuda Aerospace.
