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.
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.
People of Marut Drones
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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.
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.
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Investment firm focusing on tech-enabled enterprises in social and environmental sectors.
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Himanshu Varshney |
Angel investor and entrepreneur, focused on tech startups in India.
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Srivats Ram |
Managing Director at Wheels India, prominent angel investor in Indian startups
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Investor details for Marut Drones
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Investments & Acquisitions by Marut Drones
Investment portfolio details for Marut Drones
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Financial Statements - Marut Drones
Detailed financials for Marut Drones
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Marut Drones Comparisons
Peer comparison for Marut Drones
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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.
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Multi-utility drones are developed for agriculture and filmmaking sectors.
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Developer of unmanned aerial vehicles
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Autonomous drones, software, and accessories are manufactured for various sectors.
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Unmanned aircraft systems are developed for government and business clients.
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Aerial inspection services are delivered using automated drones.
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Detailed competitors of Marut Drones
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Latest news on Marut Drones
Complete news archive for Marut Drones
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Frequently Asked Questions about Marut Drones
Marut Drones was founded in 2019.
Marut Drones is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Prem Kumar Vislawath is the current CEO of Marut Drones. They have also founded this company.
Marut Drones is a funded company, having raised a total of $6.35M across 3 funding rounds to date.
As of Apr 10, 2024, the latest employee count at Marut Drones is 49.
Annual revenue of Marut Drones is $654.12K as on Mar 31, 2023.
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.
Marut Drones offers AG 365, Agricopter, SeedCopter, and Marut ZAP.
Marut Drones has 15 investors. Key investors include Lok Capital, Himanshu Varshney, Srivats Ram, Venkata Subhashini Chedella, and Hari Prasad Sambudevan.
The valuation of Marut Drones is $12.32M as of Feb 2023.