Drone Tech Startup IG Drones Raises $1 Mn In Seed Round

Drone-tech startup IG Drones secured USD 1 million in a seed funding round led by India Accelerator, with participation from other angel investors. The funding will be used to advance research and development, focusing on creating state-of-the-art drone solutions tailored for defence applications, as per a press release from IG Drones.

IG Drones, a company that Bodhisattwa Sanghapriya and Om Prakash co-founded in 2018, provides drone-based services for mapping, inspection, and surveying. Powerline monitoring, bridge inspection, pipeline and solar plant inspection, railroad services, agricultural surveys, and more are among the services they offer.

The artificial intelligence-powered Jaga drone, the flagship product of IG Drones, uses state-of-the-art technology to deliver precise performance. The company is working with the defence industry and other top companies, and it has built a 5G drone. Its Kisaan drone is aimed to empower the agricultural sector by providing creative solutions for farmers.

IG Drones, a Delhi-based company, says it has completed over 500 projects in collaboration with the Indian Army, numerous state governments, and more than 100 major corporations. It also debuted India’s first indigenously developed simulator, the ‘IG Military Simulator.’ 

IG Drones could face competition from Ideaforge and Drona Aviation, among other market participants, either directly or indirectly.