The fundraise marks the largest ever Series A round in the drone sector led by SphitiCap while also receiving participation from a global investment fund and several HNI angels
Earlier, Garuda Aerospace deployed drones for rescue and relief operations to the Chamoli glacier burst at Uttarakhand and supported the locust control operation in Rajasthan
Prior to the latest funding, the Rigi bagged $10 million in its Series A funding round co-led by Accel India, Sequoia Capital India and Stellaris Venture Partners
