16/4/2025, 2:28:03 pm

Garuda Aerospace secures Series B funding from Venture Catalysts

Garuda Aerospace raised ₹100 crore ($11.7 million) in a Series B round from Venture Catalysts, valuing the company at $270 million. The funds will scale drone production and complete the Garuda Drone Park, an R&D facility. Founded in 2015, the company operates India’s largest drone fleet, with revenue more than doubling to ₹122 crore in FY25.