· Aerospace & Technology · Source: economictimes.indiatimes.com

Garuda Aerospace lands $10 million pre-IPO funding at $320 million valuation

Drone company Garuda Aerospace has raised $10 million in pre-IPO funding at a valuation of $320 million. The round comes as the company prepares for a public listing and looks to scale up manufacturing and services. It reflects continued investor interest in India’s drone sector, which is being supported by government incentives, rising commercial adoption and growing demand across multiple industries.

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