The funds will be used to deepen the company’s research and development (R&D) capabilities, expand manufacturing infrastructure, and accelerate deployments with India’s defence forces.
Vayudh, the defence vertical of BotLab Dynamics Private Limited, is a startup from IIT Delhi, building indigenous drone platforms for real-time battlefield intelligence, surveillance and reconnaissance.
In 2023, Vayudh was awarded the iDEX (Innovations for Defence Excellence) grant to develop India’s smallest surveillance drone.
Commenting on the announcement, Tanmay Bunkar, chief executive officer of Vayudh, said, “This funding marks a pivotal step in our journey to develop indigenous, cutting-edge defence drone technology of global standards. We remain focused on deepening our R&D pipeline and scaling manufacturing to meet growing demand from India’s defence sector.”
Vamsi Duvvuri, founder and managing partner of Dharana Capital, said, “India’s rising defence spend and push for indigenisation have opened a rare window to build world-class defence tech locally. The Vayudh team brings exceptional technical depth in drone technology — their swarming tech is field-tested, mission-ready and built in India. We are excited to be part of their growth journey.”
 
									 
					
 
								