Marut Dronetech, a drone manufacturing and training company, has raised $6.2 million in Series A funding from Lok Capital. The company, specializing in drone solutions for agriculture and other sectors, aims to drive drone adoption across India with a focus on enhancing rural productivity, entrepreneurship, and support for farmers through agricultural technology.
The funds will support Marut Dronetech’s plans to expand its ecosystem for drone services, including the development of advanced agricultural drones tailored for functions like direct seeding and crop monitoring. Marut will also broaden its network of service centers and establish drone agriculture hubs in Tier 2-3 cities, along with creating 17 new drone academies for training skilled professionals. These efforts aim to provide better service to rural areas, boost local employment, and foster drone-based entrepreneurship. Additionally, the company plans to recruit specialists across divisions, invest in research partnerships with Indian institutions, and increase its manufacturing capacity to 3,000 drones annually.
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Lok Capital’s Director, Hari Krishnan, emphasized the relevance of this technology to agriculture and rural economies, stating:
“We’re excited to partner with Marut to bring solutions to farmers and the broader rural economy. Drones for agriculture are a novel technology that can secure the health of crops, while also saving water, preserving soil health, and providing income to village-level entrepreneurs. Our investment will support market expansion, new technology innovations, and indigenous manufacturing efforts.”
Prem Kumar Vislawath, CEO and Co-Founder of Marut Dronetech, highlighted the value of the funding round, stating:
“This investment reinforces Marut Dronetech’s commitment to empower Indian farmers and develop applications for aggregating drone-based services across sectors. The fresh capital will allow us to scale rapidly, with the goal of reaching a revenue target of ₹1,000 crore over the next five years.”
Established in 2019 by IIT alumni Prem Kumar Vislawath, Suraj Peddi, and Sai Kumar Chinthala, Marut Dronetech has grown to over 200 team members and operates a fleet of 750 drones across 14 states in India. Recently, the company introduced AG365H, a DGCA-certified medium-category agricultural and fish-feeding drone, designed for India’s agri-tech needs. While agriculture remains a core focus, Marut is also exploring applications in disaster management and surveillance as part of its broader drone technology offerings.
Marut Dronetech is currently inviting collaborations with agri-entrepreneurs, equipment manufacturers, and distributors to further its objective of supporting the Indian agricultural sector through drone technology.
