Drone startup EndureAir Systems raises 13.5 cr in seed funding round
- ByStartupStory | July 19, 2022
EndureAir Systems, an unmanned aviation technology startup, has raised Rs 13.5 crore in a seed round led by Jalaj Dani of Asian Paints.
“This funding round will give an impetus to EndureAir’s momentum by scaling up its operations and innovating further by pushing the capabilities of the current designs,” added Rama Krishna, co-founder and CEO, EndureAir.
Commenting on the fundraising, Abhishek, founder and director, EndureAir, said, “The investment would be used to expand our product line-up to meet the demand for heavier payload capacity UAVs”.
The company also provides its services to Mitsubishi Heavy Industries, Zen Technologies, Delhivery, among others.
Recently, EndureAir was shortlisted by the Ministry of Civil Aviation under the Production-Linked Incentive (PLI) scheme for promoting the manufacturing of drones and its components in the country.
About EndureAir Systems:
Established in 2019 by Prof. Abhishek and Prof. Mangal Kothari alongside their understudies, Mr. Rama Krishna and Mr. Chirag Jain, EndureAir Systems gives UAS/RPAS arrangements by playing out a great many capabilities, for example, line reconnaissance, coordinated operations and medication conveyance, elevated planning, swarm checking, ISR applications, giving situational mindfulness.
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