Skylark Drones raises $3 million led by InfoEdge Ventures, IAN Fund - News Summed Up

Skylark Drones raises $3 million led by InfoEdge Ventures, IAN Fund


Bengaluru: Skylark Drones, a drone platform company, on Monday said it has raised $3 million in a pre-series A funding round to strengthen its product offerings and fuel international expansion. The funding round was co-led by InfoEdge Ventures and IAN Fund with participation from AdvantEdge Founders, Fowler Westrup, Redstart Labs, IKP and Vimson group. This follows the company’s previous seed funding round in 2018. Skylark Drones, which has offices in US and India, aims to elevate worksite productivity and safety by providing geospatial intelligence to different enterprises in sectors such as mining, solar power, real estate, agriculture and inspection. With the rising adoption of advanced technologies such as AI and ML, Skylark Drones’ solutions can unlock potential while increasing productivity and ensuring safety of work-sites, said Rajnish Kapur, managing partner at IAN Fund.


Source: Mint July 05, 2021 06:22 UTC



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