Siddharth Mody 
Dealstreet

JSA advises Lok Capital on Marut Drones $6.2 million Series A fundraise

Marut Drones, a Hyderabad-based company, plans to deploy these funds to accelerate several strategic initiatives.

Bar & Bench

JSA Advocates and Solicitors advised Lok Capital on its $6.2 million investment in Hyderabad based Dronetech company Marut Drones. This would be Marut Drones' series A funding.

The transaction team of JSA consisted of Siddharth Mody (Lead Partner), Prerana Chaudhari (Principal Associate), Alister Sequeira (Senior Associate) and Ayush Chaturvedi (Associate).

Lok Capital

Marut Drones, an Hyderabad-based company, plans to deploy these funds to accelerate several strategic initiatives, such as developing cutting-edge agricultural drones tailored to specific customer needs.

The company develops drones for agricultural productivity, healthcare logistics, drones for prevention of mosquito-borne diseases and aerial seeding.

Marut Drones has trained over 700 drone operators and operates a fleet of about 750 drones across 14 states. The company is part of T-Hub's Lab32 program.

If you would like your Deals, Columns, Press Releases to be published on Bar & Bench, please fill in the form available here.

Also Read

Mumbai Centre for International Arbitration set to host MCIA Singapore Roadshow at the Singapore Convention Week

SILF holds Sindoor Meeting at Pahalgam, resolves to support families affected by Pahalgam attack

Clarence & Partners advises investor Visceral on Mythik's ~₹128 crore fundraise

Service charge on top of ₹100 rupee water bottle? Delhi High Court miffed

Novelty in the age of algorithms

SCROLL FOR NEXT