Indrones Solutions secures strategic investment from MapmyIndia for drone solutions
- ByStartupStory | February 14, 2023
MapmyIndia, a digital mapping and geospatial software firm, has announced a strategic investment of Rs 7 crores to acquire a 20% stake in Indrones Solutions Private Limited, an end-to-end drone solutions startup.
Indrones Solutions Private Limited has revealed that it will utilize the fresh funding to expand its operational capabilities, increase its flying experience, and enhance its capacity to execute more and larger projects for clients, while also developing reliable and autonomous drones. MapmyIndia’s investment in Indrones will enable both companies to take advantage of the rapidly growing drone industry, providing enterprise customers across various verticals with cutting-edge drone capabilities. “We are thrilled to collaborate with Indrones to enhance our drone-based solutions, which is enabling us to meet the diverse requirements of our customers,” said Rakesh Verma, CMD of MapmyIndia.
With the investment in Indrones Solutions, MapmyIndia will expand its offerings to include drones and drone-based solutions for customers. The Mappls app will now feature high-definition and 3D maps, gathered using drone-captured data, providing users with an immersive experience in the metaverse.
What is drome Solutions? It is a drone manufacturer that offers end-to-end solutions for various industries such as smart cities, government, agriculture, construction, and oil & gas. The company’s core expertise lies in drone-based data collection, processing, and analytics. Indrones has been providing its services to clients across India through the ‘Drone as a Service’ model, which has been well received.
According to Pravin Prajapati, the Founder & CEO of Indrones Solutions, drones are being utilized to address complicated issues across a variety of industries, including construction, mining, infrastructure, oil & gas, and agriculture. Indrones intends to contribute to the digital transformation of its customers by leveraging MapmyIndia’s indigenous software maps, geospatial software, and IoT technologies.
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