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[Funding alert] Mumbai-based drone startup ideaForge raises Rs 15 Cr from BlackSoil Drone startup ideaForge will be utilising the funds to meet its working capital requirements. Recently, it received an investment of $1 million from Infosys. 0 claps ideaForge has raised Rs 15 crore from BlackSoil in a venture debt round. This announcement comes in right after IT services major Infosys announced its investment of $1 million in the company. According to the official statement, the company will utilise these funds to meet its working capital requirements for servicing its large order book. We are pleased to have BlackSoil as our partner. The time of the funding is opportune as we expect strong growth in our product pipeline. The funds, along with recent fundraise from Infosys and other investors, will support ideaForge in the execution of our burgeoning order book, and we hope to build on this relationship and catapult the company into the next phase of growth, Ankit Mehta,

MumbaiMaharashtraIndiaVipul joshiRahul singhAnkit mehtaIndian armyInfosysAshish bhatSwitch unmanned aerial vehicleVertical take offStartup fundingDronesIdeaforgeJustinDefence tech startup