India’s drone components market targets $3.08 billion, but import dependence on China highlights the challenges facing domestic manufacturers.
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Deeptech Aerospace Startup Tessat Space Raises ₹1 Crore in Angel Funding Round from Xylapay Kutlerri.ai raises $4 million from Narahari Investments. JSW Ventures completes the first close of Fund III, with JSW Family Office as anchor investor. Desible.ai raises ₹32 crore in a funding round led by Prime Venture Partners, with participation from Invention Engine. mistEO raises ₹18 crore in a seed round led by MGF Kavachh, with Seafund and other investors participating. Astrome Technologies signs an agreement with the Technology Development Board for ₹64.05 crore in support through optionally convertible debt under the RDI Fund. Nawgati is selected among the top 10 finalists of the UAE-India Startup Series 2.0. ValueQuest commits ₹775 crore across Sagar Defence Engineering, TASE Global and Rational Engineers. Greenjoules raises ₹150 crore in a Series B round co-led by Amazon Smbhav Venture Fund and Climate Pledge Fund, with Rainmatter and Singularity Strategic Autonomy Fund participating, and secures a separate ₹100 crore loan from the Technology Development Board. London-based fintech startup Seva Money announced a $5 million seed funding round co-led by Blockwall and Revent, with participation from Seedcamp. Deeptech Aerospace Startup Tessat Space Raises ₹1 Crore in Angel Funding Round from Xylapay Kutlerri.ai raises $4 million from Narahari Investments. JSW Ventures completes the first close of Fund III, with JSW Family Office as anchor investor. Desible.ai raises ₹32 crore in a funding round led by Prime Venture Partners, with participation from Invention Engine. mistEO raises ₹18 crore in a seed round led by MGF Kavachh, with Seafund and other investors participating. Astrome Technologies signs an agreement with the Technology Development Board for ₹64.05 crore in support through optionally convertible debt under the RDI Fund. Nawgati is selected among the top 10 finalists of the UAE-India Startup Series 2.0. ValueQuest commits ₹775 crore across Sagar Defence Engineering, TASE Global and Rational Engineers. Greenjoules raises ₹150 crore in a Series B round co-led by Amazon Smbhav Venture Fund and Climate Pledge Fund, with Rainmatter and Singularity Strategic Autonomy Fund participating, and secures a separate ₹100 crore loan from the Technology Development Board. London-based fintech startup Seva Money announced a $5 million seed funding round co-led by Blockwall and Revent, with participation from Seedcamp.
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