Marut Drones raises USD 6.2 million Series A

Nov 5, 2024 · Funding · MARUT Drones · Aerial

Marut Drones raised USD 6.2 million in Series A funding from Lok Capital to expand manufacturing, service and training infrastructure.

MARUT Drones company media
Company media · MARUT Drones
  • Lok Capital supplied the USD 6.2 million Series A financing.
  • Marut planned to expand agricultural-drone development, rural service centres and drone-as-a-service hubs.
  • The company targeted annual manufacturing capacity of 3,000 drones and expansion of its training-academy network.

MARUT Drones designs and manufactures unmanned aircraft for agriculture, logistics, mapping, surveillance and heavy-payload work. The Indian company reports five DGCA-certified platforms and a portfolio extending from spraying systems to aircraft designed to carry payloads up to 200 kilograms.