About Marut Drones
Marut Drones is a company based in Hyderabad (India) founded in 2019 by Sai Kumar, Prem Kumar Vislawath, and Suraj Peddi.. Marut Drones has raised $6.35 million across 3 funding rounds from investors including Lok Capital, Himanshu Varshney and Srivats Ram. The company has 49 employees as of April 10, 2024. Marut Drones offers products and services including AG 365, Agricopter, SeedCopter, and Marut ZAP. Marut Drones operates in a competitive market with competitors including DJI, ideaForge, Skydio, Vantage Robotics and H3 Dynamics, among others.
- Headquarter Hyderabad, India
- Employees 49 as on 10 Apr, 2024
- Founders Sai Kumar, Prem Kumar Vislawath, Suraj Peddi
- Stage Minicorn
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Sectors
AgricultureAerospace, Defense & Maritime
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Marut Dronetech Private Limited
- Date of Incorporation 29 Apr, 2019
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$654.12 K (USD)123.1as on Mar 31, 2023
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Net Profit
$71.09 K (USD)182.56as on Mar 31, 2023
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EBITDA
$102.23 K (USD)1039.16as on Mar 31, 2023
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Total Equity Funding
$6.35 M (USD)
in 3 rounds
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Latest Funding Round
$6.2 M (USD), Series A
Oct 09, 2024
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Investors
Lok Capital
& 14 more
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Employee Count
49
as on Apr 10, 2024
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Products & Services of Marut Drones
Marut Drones offers a comprehensive portfolio of products and services, including AG 365, Agricopter, SeedCopter, and Marut ZAP. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Multi-utility drone for pesticide spraying and crop intelligence tasks.
Drone designed for seeding and agricultural broadcasting applications.
Specialized drone for direct seeding in farming operations.
Drone for various agricultural utility and monitoring functions.
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Funding Insights of Marut Drones
Marut Drones has successfully raised a total of $6.35M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $6.2 million completed in October 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series A — $6.2M
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First Round
First Round
(22 Nov 2019)
- Investors Count 15
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2024 | Amount | Series A - Marut Drones | Valuation | Lok Capital | |
| Feb, 2023 | Amount | Angel Round - Marut Drones | Valuation | Venkata Subhashini Chedella , Hari prasad | |
| Nov, 2019 | Amount | Seed - Marut Drones | Valuation | Kiran Darisi , Parsuram Vijayasankar |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Marut Drones
Marut Drones has secured backing from 15 investors, including venture fund and angel investors. Prominent investors backing the company include Lok Capital, Himanshu Varshney and Srivats Ram. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investment firm focusing on tech-enabled enterprises in social and environmental sectors.
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Founded Year | Domain | Location | |
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HV
Himanshu Varshney |
Angel investor and entrepreneur, focused on tech startups in India.
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Founded Year | Domain | Location |
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SR
Srivats Ram |
Managing Director at Wheels India, prominent angel investor in Indian startups
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Marut Drones
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Marut Drones
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Marut Drones Comparisons
Competitors of Marut Drones
Marut Drones operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as DJI, ideaForge, Skydio, Vantage Robotics and H3 Dynamics, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multi-utility drones are developed for agriculture and filmmaking sectors.
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| domain | founded_year | HQ Location |
Developer of unmanned aerial vehicles
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| domain | founded_year | HQ Location |
Autonomous drones, software, and accessories are manufactured for various sectors.
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| domain | founded_year | HQ Location |
Unmanned aircraft systems are developed for government and business clients.
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| domain | founded_year | HQ Location |
Aerial inspection services are delivered using automated drones.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Marut Drones
Frequently Asked Questions about Marut Drones
When was Marut Drones founded?
Marut Drones was founded in 2019.
Where is Marut Drones located?
Marut Drones is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Who is the current CEO of Marut Drones?
Prem Kumar Vislawath is the current CEO of Marut Drones. They have also founded this company.
Is Marut Drones a funded company?
Marut Drones is a funded company, having raised a total of $6.35M across 3 funding rounds to date. The company's 1st funding round was a Seed of $99.62K, raised on Nov 22, 2019.
How many employees does Marut Drones have?
As of Apr 10, 2024, the latest employee count at Marut Drones is 49.
What is the annual revenue of Marut Drones?
Annual revenue of Marut Drones is $654.12K as on Mar 31, 2023.
What does Marut Drones do?
Marut Drones was established in 2019 in Hyderabad, India, within the agriculture technology sector. Hexacopter and quadcopter drones are offered to support soil health analysis, nutrient assessment, and irrigation planning. These tools are also utilized for pesticide application and mosquito control in farming operations. Insights derived from drone data assist agriculturists in optimizing resource use across various field conditions.
Who are the top competitors of Marut Drones?
What products or services does Marut Drones offer?
Marut Drones offers AG 365, Agricopter, SeedCopter, and Marut ZAP.
Who are Marut Drones's investors?
Marut Drones has 15 investors. Key investors include Lok Capital, Himanshu Varshney, Srivats Ram, Venkata Subhashini Chedella, and Hari Prasad Sambudevan.
What is Marut Drones's valuation?
The valuation of Marut Drones is $12.32M as of Feb 2023.
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