The company is looking to revolutionise logistics services across long distances by making effective and time-sensitive deliveries between various business hubs of courier service providers.
BonV Aero, which provides electric aerial vehicles for challenging terrains, catering to critical logistics, will utilise the funds for client demos, team growth and R&D
The company has allocated 37.93 lakh equity shares to 31 funds at Rs 672 apiece, aggregating the transaction size to Rs 255 crore, according to a circular uploaded on the BSE website
Under the partnership, Garuda Aerospace and Ninjacart would offer short-term financing options to farmers thereby enabling them to access the latest drone technology at affordable rates
MapmyIndia and Indrones to jointly offer drones and drone-based solutions across all use cases including surveying, mapping, inspections and real-time monitoring
