Drone-tech startup IG Drones has raised $1 million in a seed funding round led by India Accelerator, with participation from several angel investors. The fresh capital will be used to fuel the startup’s research and development, particularly focusing on advanced drone solutions for defense applications.
Founded in 2018 by Bodhisattwa Sanghapriya and Om Prakash, IG Drones offers a range of drone-based services, including surveying, mapping, and inspection across various sectors. These services cover powerline monitoring, bridge and pipeline inspections, solar plant monitoring, agricultural surveys, and railway services, among others.
The Indian drone market is poised for significant growth, with projections estimating it will reach Rs 2.5 trillion by 2030. IG Drones is positioning itself as a key player with its flagship AI-powered Jaga drone, which is engineered for high-precision tasks. The startup has also developed a 5G drone, and its Kisaan drone is tailored to enhance agricultural productivity, providing modern solutions for farmers.
Based in Delhi, IG Drones has partnered with the Indian Army, several state governments, and more than 100 enterprises, completing over 500 projects. The company has also pioneered India’s first indigenous ‘IG Military Simulator,’ aiming to enhance training capabilities for defense personnel.
IG Drones is entering a competitive space, facing market rivals such as Ideaforge and Drona Aviation. However, its strong industry collaborations and innovative product lineup could help the company stand out in the rapidly evolving drone-tech landscape.
