Mumbai-based ideaForge, known for manufacturing the Netra unmanned aerial vehicles (UAVs), has reportedly raised $10 Mn (INR 70 Cr) as part of its Series A investment round led by WRV Capital and IndusAge Partners. Also, Infosys, under its $500 Mn Innovation Fund has invested an undisclosed amount in the company.
ideaForge is a vertically integrated aerial robotics platform company with inter-disciplinary engineering expertise in advanced platform design, Aero-acoustics, Aerodynamics & Avionics, Mission Systems, Flight algorithms, autonomy and automation, Sensors, Data Compression & Communication Systems, Airspace integration & spatial analytics as well as specialised payloads.
ideaForge is an established market leader & preferred partner of the various security establishments for military-specification aerial robots with best in class performance, globally. Their Unmanned Aerial Systems (UAS) compete with global leaders such as Lockheed Martin & Aeryon and their solutions are now being deployed in other sectors such as wind farms, oil & gas & industrial security.
ideaForge is led by a passionate team of IIT Bombay graduates who continue to evolve their platform as well as the applications that their UAS support.