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Get latest articles and stories on Business at LatestLY. This funding, spearheaded by Venture Catalysts, a premier incubator and early-stage investor, in collaboration with WeFounderCircle, marks a pivotal moment in the company's growth trajectory. Business News | MS Dhoni-backed Drone Startup Garuda Aerospace Raises Rs 25 Cr in Fresh Bridge Funding Round.
Hyderabad: DroneTech startup Marut Drones has set up its new integrated facility in Madhapur and is looking at raising $4 million to fuel future growt.
A majority share -- $45.2 million -- of the total funding went to early-stage startups, making up 57% of the total weekly funding. Late-stage startups saw $30 million being pumped in as investments, while seed-stage companies received a mere $4.8 million.
MS Dhoni-Backed drone startup Garuda Aerospace raises Rs.25 Crores in a fresh bridge round led by Venture Catalysts and WeFounderCircle
Inc.5 Shoes has raised its maiden institutional funding, Garuda Aerospace has bagged $3 million, and Husk Power Systems has closed $43 million in Series D.