Enterprise capital agency GVFL has led a Rs 6 crore pre-Collection A funding spherical in insideFPV, an Gujarat-based defence drone expertise startup targeted on constructing indigenous, battlefield-ready unmanned programs for India’s armed forces.
The Shark Tank India-featured startup will use the funding for product growth, engineering functionality constructing and scaling manufacturing readiness for defence-grade drone platforms. A portion of the capital may also be deployed in direction of testing and validation, increasing manufacturing capability, working capital necessities, and strengthening deployment help, together with operator coaching, spares and speedy restore capabilities.
Based in 2020 by Arth Chowdhary, Deyvant Bhardwaj and Oshi Kumari, insideFPV builds combat-ready drones designed to function in real-world battlefield circumstances and excessive environments. Its product portfolio consists of FPV drones, kamikaze and surveillance programs, and interceptor drones tailor-made for defence functions.
The startup plans to scale manufacturing and broaden its product vary over the subsequent 12 months. Over the subsequent three to 5 years, it goals to place itself as a worldwide defence drone producer.