Drone maker BonV Aero raises Rs.6-Cr led by IPV
Bengaluru-based drone maker BonV Aero has raised INR 6 crore in a round led by Inflection Point Ventures (IPV). The funds will be used for client demonstrations, team expansion and R&D focused on enhancing products, researching propulsion systems and advancing power plants.The firm had raised seed funding from Headstart Investor Circle in December 2022.Founded by Satyabrata Satapathy, BonV Aero provides aerial vehicles for both goods and passenger transportation tailored for challenging terrains like the Himalayas. It focuses on the needs of Indian defence logistics, disaster relief, emergency medical services, supply chain logistics and rapid commerce deliveries.
Want to receive such news items in your inbox? Click Here to sign up for a trial.