Coromandel Internationals VC arm invests in Dhaksha Unmanned Systems

17 Sep 2022 , 01:33 AM

Dare Ventures the venture capital arm of Coromandel International has announced its third investment this year into a differentiated drone startup Dhaksha Unmanned Systems The company plans to use this funding for talent acquisition RD and production scale up Dhaksha one of the forerunners in the drone space in India provides a complete range of Unmanned Aerial Systems UAS technology solutions for different applications covering agriculture defence surveillance and delivery among others Based out of Chennai the company has over the years developed expertise in drone RD testing manufacturing and customer support In addition to having developed capability to manufacture battery-operated drones Dhaksha is the only company in India to manufacture petrol engine-based drones