Drone player Garuda Aerospace raises $22 mn, largest funding in Indian drone sector

Drone-as-a-Service (DaaS) player Garuda Aerospace on Monday said it has raised $22 million as Series A funding.

According to Garuda Aerospace, the funding round was led by Venture Capital firm SphitiCap which invested $12 million along with participation from other global investors, angel investors and high net worth individuals (HNI) at $5 million.

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