Marut Drones secures $6.2 Mn in Series A round

Dronetech startup Marut Dronetech has raised $6.2 million in its Series A round from Lok Capital. 

The proceeds will be used to develop custom agricultural drones, expand partner networks and service centers in tier II-III cities for rural reach, and establish hubs offering "Drone-as-a-Service" through partnerships. 

Founded in 2019 by Prem Kumar Vislawath, Suraj Peddi and Sai Kumar Chinthala, drone technology provider Marut Drones is also exploring disaster management and surveillance applications other than its key focus on agriculture. 

The Hyderabad-based startup claims to have over 200 team members and a fleet of 750 drones and over 1,000 drone pilots across 14 states in India. 

It also aims to recruit professionals across all verticals, foster drone entrepreneurship, launch 17 new drone academies to train skilled professionals, and enhance its research and development efforts.

Last month, Marut launched AG365H, a DGCA Type Certified medium category agricultural drone. The AG365H can be used for fish feeding, broadcasting fertiliser granules, spraying pesticides, and providing comprehensive training for drone operators.