Skylark Drones gets $3 mn funding from InfoEdge Ventures and IAN Fund
Technology

Skylark Drones gets $3 mn funding from InfoEdge Ventures and IAN Fund

Skylark Drones, a provider of enterprise drone solutions, has raised $3 million in a pre-Series A funding round led by InfoEdge Ventures and IAN Fund to expand its geospatial intelligence product and enter international markets.

AdvantEdge Founders, agriculture solutions company Fowler Westrup, Redstart Labs, IKP, and mining conglomerate Vimson Group all contributed to the fundraise.

SkyLark, founded in 2015 by Mughilan Thiru Ramasamy and Mrinal Pai, provides companies in industries like mining, solar power, real estate, and agriculture with insights on how to improve worksite productivity by using drones for data collection.

The company also offers enterprise and individual operators project and fleet management solutions for drone flights, as well as a hardware product for drone manufacturers looking to comply with India's no permission, no take-off (NP:NT) protocol.

Skylark provides full-stack drone solutions to businesses, from helping them manage and deploy drone fleets to helping customers in the mining, construction, and solar power sectors derive actionable and up-to-date insights from images.

Amit Behl, partner at InfoEdge Venture Fund said that aerial intelligence is a theme with immense potential because it provides significant cost, time, and accuracy benefits for large infrastructure companies that face frequent cost and time overruns.

Skylark Drones is a technology company that is developing the global drone ecosystem's core infrastructure.

Image Source


Also read: "A metrics-driven approach will help companies with planning, overall project costs and on-time deliveries"

Skylark Drones, a provider of enterprise drone solutions, has raised $3 million in a pre-Series A funding round led by InfoEdge Ventures and IAN Fund to expand its geospatial intelligence product and enter international markets. AdvantEdge Founders, agriculture solutions company Fowler Westrup, Redstart Labs, IKP, and mining conglomerate Vimson Group all contributed to the fundraise. SkyLark, founded in 2015 by Mughilan Thiru Ramasamy and Mrinal Pai, provides companies in industries like mining, solar power, real estate, and agriculture with insights on how to improve worksite productivity by using drones for data collection. The company also offers enterprise and individual operators project and fleet management solutions for drone flights, as well as a hardware product for drone manufacturers looking to comply with India's no permission, no take-off (NP:NT) protocol. Skylark provides full-stack drone solutions to businesses, from helping them manage and deploy drone fleets to helping customers in the mining, construction, and solar power sectors derive actionable and up-to-date insights from images. Amit Behl, partner at InfoEdge Venture Fund said that aerial intelligence is a theme with immense potential because it provides significant cost, time, and accuracy benefits for large infrastructure companies that face frequent cost and time overruns. Skylark Drones is a technology company that is developing the global drone ecosystem's core infrastructure. Image Source Also read: A metrics-driven approach will help companies with planning, overall project costs and on-time deliveries

Next Story
Infrastructure Urban

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Next Story
Infrastructure Transport

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Next Story
Infrastructure Transport

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement