Marut Dronetech, a pioneering startup in the drone technology sector, has successfully raised $6.2 million in a Series A funding round led by Lok Capital.
The funds will be allocated towards the creation of specialized agricultural drones, expanding its network of partners and service centers in tier II and III cities to enhance rural accessibility. Additionally, Marut Drones plans to establish hubs for “Drone-as-a-Service” through strategic partnerships.
Founded in 2019 by Prem Kumar Vislawath, Suraj Peddi, and Sai Kumar Chinthala, the Hyderabad-based company is not only focused on agriculture but is also exploring applications in disaster management and surveillance.
With a workforce of over 200 employees, Marut Drones operates a fleet of 750 drones and boasts a network of more than 1,000 drone pilots across 14 Indian states. The startup is set to expand its recruitment efforts across various sectors, promote drone entrepreneurship, and launch 17 new drone academies to train aspiring professionals while boosting its research and development initiatives.
Recently, Marut introduced the AG365H, a medium-category agricultural drone certified by the DGCA. This innovative drone is versatile, capable of fish feeding, broadcasting fertilizer granules, spraying pesticides, and providing comprehensive training for drone operators.