Indian Drone Tech Startup Landscape & Market Opportunity Report 2024

About the report
India's drone tech landscape is rapidly expanding, offering a significant market opportunity. Launch of 200+ drone tech startups, an impressive tally of more than 13K registered drones nationwide and two listed drone tech startups, underscores the vast potential for further innovation and development. Drones are being increasingly utilised across a variety of sectors, including agriculture, mining, and defence, showcasing their versatility and capacity to revolutionise conventional methods. Additionally, strong government backing is propelling this emerging industry towards substantial growth and broader adoption.
India's drone tech landscape is rapidly expanding, offering a significant market opportunity. Launch of 200+ drone tech startups, an impressive tally of more than 13K registered drones nationwide and ...
200+
Drone Tech Startups In India
140 Mn+
Funding Raised By Indian Drone Tech Startups
$13 Bn+
Estimated Indian Drone Market Opportunity By 2030
21% CAGR
For Drone Tech Market Opportunity In India From 2022 To 2030
report summary







Table of Contents
- India’s Digital Economy In A Nutshell
- The Rise Of India’s Drone Tech Startups
- Decoding The Drone Tech Opportunity
- India’s Drone Tech Startup Landscape
- The Drone Tech Value Chain
- Understanding Drone Tech Use Cases
- Drone Tech Funding Trends In India
- The List Of India's Drone Tech Startups
- Regulatory Framework & The Role Of Government In Drone Tech
- Key Factors Propelling The Growth Of The Drone Tech Ecosystem In India
- Key Challenges Faced By Drone Tech Startups In India
- Performance Of Listed Indian Drone Tech Startups
latest inc42 reports
Summary
Latest Funding Rounds
Announcement date | Round Type | Investor Names | No. of Investors | Funding raised |
---|---|---|---|---|
15 April 2025 | Series A - Peppermint Robotics | N/A | 4 | $4.00 Mn |
15 April 2025 | Series B - Garuda Aerospace | N/A | 1 | $11.00 Mn |
13 April 2025 | Series A - Optimized Electrotech | N/A | 6 | $6.00 Mn |
10 March 2025 | Series C - Infinite Uptime | N/A | 5 | $35.00 Mn |
26 Feb 2025 | Pre-Seed - Astrogate Labs | N/A | 1 | $1.30 Mn |
18 Feb 2025 | Series A - Probus Smart Things | N/A | 1 | $5.00 Mn |
29 Jan 2025 | Pre-Series A - BonV Aero | N/A | 1 | $1.15 Mn |
28 Jan 2025 | Seed Funding - Manastu Space | N/A | 1 | Undisclosed |
Latest Acquisitions
Acquiree Name | Announcement date | Price | Acquirer Name | Acquiree HQ | Sector |
---|---|---|---|---|---|
Old City Innovations | 27 May 2022 | Undisclosed | SatSure | Bengaluru | Deeptech |
GeoSpoc | 26 May 2022 | Undisclosed | SatSure | Bengaluru | Deeptech |
SectorQube | 04 May 2022 | $2.33 Mn | Open App | Bengaluru | Deeptech |
CropTrails | 03 May 2022 | Undisclosed | SatSure | Bengaluru | Deeptech |
Algopixel Technologies | 01 Dec 2021 | Undisclosed | Aereo | Bengaluru | Deeptech |
SensiML | 03 Jan 2019 | Undisclosed | QuickLogic | San Jose | Deeptech |
Freemens SAS | 04 Feb 2018 | Undisclosed | ION Energy | Mumbai | Deeptech |
Freemens | 31 Jan 2018 | Undisclosed | ION Energy | Mumbai | Deeptech |
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