Archive · 28 Jul 2025
Dhoni-Backed Garuda Aerospace Gears Up for Global Drone Exports, IPO
Imagine a company that makes drones, like flying robots!
This company, called Garuda Aerospace, is getting ready to sell its drones all over the world, including to places like the United States and the Middle East.
They have already raised a lot of money and are valued at $250 million.
One of the drones is for helping farmers, and others are for watching over things.
The company is also planning to list itself on the stock market so people can buy shares.
This company is backed by cricketer MS Dhoni and has been growing fast.
Garuda Aerospace, backed by MS Dhoni, received an export license.
The company plans to export drones to the US, Australia, and the Middle East.
Focus is on the Garuda Kisan Drone for agriculture and surveillance.
Garuda Aerospace raised Rs 100 crore in Series B funding, valuing the company at $250 million.
The company is preparing for a public listing in the near future.
- Who
- Garuda Aerospace, a drone manufacturer founded by Agnishwar Jayaprakash, with support from MS Dhoni.
- What
- Garuda Aerospace is preparing for global exports and a market listing.
- When
- The company received an export license recently and is preparing for an IPO.
- Where
- The company is based in Chennai, India, and plans to export to the US, Australia, and the Middle East.
- Why
- The company aims to expand its business and capitalize on the growing demand for drones in various markets and to align with the government’s ‘Make in India for the World’ vision.
Company's Strategy
Market Expansion
Drone Utilization
Company's Strategy
Dual-use drone firm combining civilian utility and defense capabilities.
Market Expansion
Focus is on agricultural drones and seeking to expand into surveillance and defense, leveraging a variety of technologies.
- Company Name
- Garuda Aerospace
- Founder
- Agnishwar Jayaprakash
- Key Product
- Garuda Kisan Drone
- Export Destinations
- United States, Australia, Middle East
- Series B Funding
- Rs 100 crore
- Company Valuation
- $250 million
- Brand Ambassador
- MS Dhoni