The funds will support the dronetech company’s market expansion, new technology innovations, and indigenous manufacturing efforts. :
Drone technology firm Marut Drones has bagged $6.2 million in Series A funding from investment firm Lok Capital. The Hyderabad-based company plans to use the funds in initiatives, including developing advanced agricultural drones tailored to customer needs, expanding its channel partner network and service centres in Tier II and III cities, and establishing drone agriculture service hubs to provide Drone-as-a-Service through partnerships.