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, R&D 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 R&D, 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. Powered by Capital Market – Live News
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