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Garuda Aerospace raises $1 million from Narotam Sekhsaria Family Office, others
The drone startup, which is backed by former Indian cricket captain Mahendra Singh Dhoni, will use the funds for scaling up production capacity from 8,000 drones per annum now to between 12,000 and 15,000 units. The funds will also help boost R&D efforts and expand its export presence to 50 countries by the year-end.