Drone Startup DroniTech raises $500,000 in Seed Funding

Drone Startup DroniTech raises $500,000 in Seed Funding
October 31, 2018
by admin

Thank you Techstory (https://techstory.in/droni-tech-raises-500000-in-seed-funding-2018/) for a noteworthy write up on our recent milestone. We truly appreciate the feature. Sharing the article by Techstory below:

Drone Startup Droni Tech raises $500,000 in Seed Funding

Drone startup Droni Tech has raised $500,000 in seed funding from Eagle Group and angel investors.

The startup will use the fresh capital to drive research and development in Mumbai and the United States (US) and aims to ramp up growth through sales and marketing, it said in a statement.

Onkar Bhosle, Co-founder, Droni Tech, said, “In 2018, we will focus our energies on a few priority markets like India, the US and Canada. In 2019, the company looks to expand beyond these markets globally.”

Onkar Bhosle added, “Our vision is for drones to manage agriculture farms and other applications on their own, better than humans. Right now, each data point of flying drones is transmitted on dashboard in real time. In Phase-III of our product, we would enter the exciting phase of automated decision-making by the machine.”

Recently, Indian government announced policies to regulate the uses of drones.

Droni Tech was founded by Onkar Bhosle, Chirag Patel, Rohit Shirke and Anisha Bhosle in March 2018. It is a drone services company which specializes in drone photography, drone video, and drone inspection. It is a sub-brand of the parent company Drovation Software Solutions Pvt. Ltd.

Originally published at techstory.in on August 31, 2018.