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Garuda Aerospace secures Rs 25 cr in bridge round
The Business Guardian
|October 26, 2023
In order to meet its working capital needs, drone maker Garuda Aerospace announced on Wednesday that it has secured Rs 25 crore in funding from a new bridge round headed by integrated incubator Venture Catalysts, WeFounderCircle.
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Other investors, such as Hems Angels, San Angels, Peaceful Progress Funds, and a few angel investors, also pledged to participate in the new capital raising round. “This fresh capital infusion will play a crucial role in accelerating our growth and enhancing our capabilities to meet the escalating market demand,” said Garuda Aerospace Founder-CEO Agnishwar Jayaprakash.
Diese Geschichte stammt aus der October 26, 2023-Ausgabe von The Business Guardian.
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