InsideFPV, a robot maker, brought Rs 2.75 crore up in a seed-raising support round headed by Expression Point Adventures. The cash will be utilized for item improvement, promoting, and research.
InsideFPV was established in July 2020 and is now focused on serving the consumer market while conducting ongoing studies in the military and agricultural sectors.
Business Expansion
According to the company, their drones are small, sturdy, and agile, and prices range from Rs 2,800 and up to accommodate various use cases. “Drones are a costly item to own while being primarily utilized in commercial, military, and agricultural applications.
With its cutting-edge technology, InsideFPV hopes to close this gap by providing consumers with feature-rich Plug and Fly FPV (First Person View) drones at a competitive price, according to the business.
- InsideFPV raises Rs 2.75 crore in seed funding.
- Company offers affordable drones for commercial, military, and agricultural applications.
- Ideaforge Technology’s public offering reaches 106.05 subscriptions, raising Rs 567.24 billion.
The initial public offering of drone manufacturer Ideaforge Technology just received a record-breaking 106.05 subscriptions. The business has raised Rs 567.24 billion.
It invests Rs. 30 billion in Gurugram-based IoTechWorld Avigation, as part of the Rs. 567.24 billion that it raises in 2021.