IG Drones Takes Flight: $1M Funding Fuels Global Ambitions

Ever wondered how drones could transform industries beyond imagination? What if they could strengthen national defense, revolutionize agriculture, and even promote sustainability?

One Indian company is making these possibilities a reality. IG Drones, a leading name in drone technology and AI, has just secured a significant $1 million investment. This marks a pivotal moment in their journey, propelling them towards global expansion and groundbreaking innovation. Here TICE brings you details about this recently raised funding by IG Drones and their future expansion plans.

IG Drones Funding & Global Expansion

With fresh capital in hand, IG Drones has ambitious plans. A considerable chunk of the funds will be channeled into research and development, particularly in creating advanced drone solutions for defense applications. They're already collaborating with international defense and aerospace companies, hinting at exciting breakthroughs on the horizon.

But that's not all. IG Drones has its sights set on even bigger goals. They're looking to raise an additional $3 million in the coming months to further solidify their presence in India and expand their reach globally.

Indian Drone Industry

India's drone industry is set to explode, with estimates predicting a market size of a staggering 2.5 trillion INR by 2030. IG Drones is strategically positioned to capitalize on this growth, especially in the defense sector, which is a key driver of the industry's expansion.

Ashish Bhatia, Founder & CEO of India Accelerator, one of IG Drones' backers, lauds their innovative spirit. "IG Drones is pushing the boundaries of aerial technology, redefining industries," he says. "Their advanced tech-based solutions are not only transforming operations but also driving efficiency and scalability in truly remarkable ways."

A Legacy of Excellence

IG Drones, founded by Bodhisattwa Sanghapriya and Om Prakash, has a rich history of innovation. They've been involved in Asia's first student rocketry mission, even receiving praise from Prime Minister Narendra Modi. The company specializes in drone manufacturing, research and development, and provides surveying, mapping, and inspection services. With over 500 projects under their belt, they've partnered with prestigious organizations like the Indian Army, state governments, and numerous enterprises.

IG Drones' flagship product, the AI-powered Jaga drone, is a testament to their commitment to cutting-edge technology. They've also developed India's first 5G drone and the Kisaan drone, which is revolutionizing the agricultural sector by empowering farmers with advanced solutions.

Empowering the Youth, Shaping the Future

Aligned with national initiatives, IG Drones has established the Drone Centre of Excellence (CoE) to educate young minds about drone technology. They've also partnered with premier institutions like IIT Bhubaneswar and IIM Sambalpur, training over 50,000 youth as an NSDC Prime Partner.

A Global Vision, A Sustainable Future

IG Drones launched India's first indigenously developed military drone simulator in 2023, and they're rapidly expanding their global footprint. With operations in five countries and partnerships with major international companies, they're poised to make a significant impact on the global stage.

Moreover, drone technology is playing a crucial role in promoting sustainability. From precision farming to wildlife conservation and disaster response, drones enable more efficient and environmentally friendly practices.

As IG Drones continues to innovate and push boundaries, they stand at the forefront of this technological revolution. They're not just shaping the future of industries; they're driving progress globally, proving that the sky is truly the limit for drone technology.

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