Passenger Drone Research Pvt. Ltd (PDRL), a drone software product company, has successfully concluded its Pre-Series A funding round. It has raised Rs 3.5 crore to advance and expand its range of drone software products.
The funding round was led by marquee investors from Bestvantage Investments, and supported by BizDateUp and others, with participation from several other investors in the technology and drone industries.
The company will utilise the newly-infused fund to invest in new customer acquisitions, expand the team, and scale operations to meet the growing demand for PDRL’s AeroMegh platform.
PDRL’s AeroMegh SaaS platform aims to revolutionise the way industries ranging from agriculture to oil and gas conduct inspections, surveillance, and monitoring operations. The company's proprietary software platform called AeroMegh enables autonomous flight and data capture and data analytics leading to increased efficiency and cost savings for its customers. Its AeroGCS GREEN which is part of AeroMegh is being used by around 75 per cent type certified Indian Agriculture drone manufacturers.
"We are thrilled to have the support of investors as we take PDRL to the next level," said Anil Chandaliya, CEO of PDRL. "Our innovative drone software products have the potential to transform industries across the board, and this funding will enable us to accelerate our development and expand our reach."
"We are excited to partner with PDRL to provide actionable insights on drone data through AeroMegh Drone Data Analytics platform," said Raman Sharma, Founder & CEO at Bestvantage Investments. "Their cutting-edge solutions have the potential to disrupt traditional industries and create new opportunities for businesses worldwide. We look forward to supporting their growth and success."