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MS Dhoni invests for Chennai drone company Garuda Aerospace

MS Dhoni invests for Chennai drone company Garuda Aerospace

Former Indian cricket team captain MS Dhoni, has invested an undisclosed sum in Chennai based drone company, Garuda Aerospace. , India’s leading drone-as-a-service (DaaS) provider. He will also be the face and brand ambassador of the company. The investment is part of a bridge round, ahead of a $30-million Series A round, which the company is currently in the process of closing by end-July at a valuation of $250 million, confirmed founder Agnishwar Jayaprakash.

About the Garuda Aerospace:

Started in 2015, Garuda Aerospace has made significant inroads into the drone startup ecosystem. The company provides low-cost drone-based solutions and has designed drones for 38 diverse applications, including sanitisation, agriculture spraying, mapping, industries, security, delivery and surveillance.

Garuda has also forayed into the defence sector by bagging a significant order for 33 anti-drone systems for the ministry of defence. In Uttar Pradesh, under Svamitva, a survey of land was done to map 1,000 villages. This was done to make digital records of ownership, which are being made available online.

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