Drone maker InsideFPV raises Rs.3.5 Cr led by Mumbai Angels
Drone manufacturer InsideFPV has raised INR 3.5 crore in a seed funding round, led by Mumbai Angels. Other contributors in the funding round include Inflection Point Ventures (IPV), Soonicorn, Fossbytes, and Kumar Sahu. The company will use these funds to drive growth, advance product development, expand market presence, enhance distribution and logistics capabilities, strengthen data analytics, and pursue strategic acquisitions and investments. Established in 2021 by co-founders Arth Chowdhary, Devyant Bhardwaj, and Oshi Kumari, insideFPV makes drones that enable clients to engage in STEM education, conduct surveillance activities, and capture first-person view videos that were previously challenging to achieve. The company operates across sectors such as government contracts and defense, agriculture, commercial industries, and surveillance.
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