BonV Aero is an Odisha-based deep-tech drone startup that received Rs 14 crore funding after winning the US reality TV show “Meet The Draper.” The company plans to use this funding to scale its operations and accelerate its research and development in the deep-tech drone ecosystem. The company won after competing against various countries, including the US, Brazil, Italy, Spain, Taiwan, and France. We are disscusing the Deeptech drone startup BonV Aero secured Rs 14 crore funding from the US reality show.
We are disscusing the Deeptech drone startup BonV Aero secured Rs 14 crore funding from the US reality show:
This is the first time an Indian startup has won tremendous money from a global competition. The CEO and co-founder of Bonv Aero, Satyabrata Satpathy, mentioned that one of the known investors, Tim Draper, was highly impressed by the startup’s innovative solutions and vision. The company started with seven members in 2021 and has now grown to over 40 members. It operates a manufacturing unit in Odisha, Bhubaneswar. The startup focuses on scaling and expanding its network across other cities, including neighboring areas. The firm specializes in providing advanced logistic drone solutions with technology to dynamically adjust real-time paths during traffic, bad weather conditions, and other terrain considerations.
The startup has served the Indian Army and provided advanced drones capable of operating at altitudes over 10,000 feet, even amid challenging environments. Satpathy stated that this achievement shows the potential of Odisha’s startups and the talent within the state. Co-founder of BonV Aero, Sahoo, said that after this achievement, they expect to inspire more entrepreneurs in Odisha. The firm offers affordable and fast battery-swapping drone systems with sustainable operations. These drones can carry a payload of 50kg with a covering range of 20 km and can fly up to an altitude of 14,000 feet.
The company offers carbon-free smart drones through eVTOL for cargo transports in challenging conditions while ensuring precision and safety. The Indian drone market is expected to grow and reach the $13 billion mark by 2030. This achievement shows BonV Aero’s potential to change India’s logistics and drone technology landscape. According to a report by EY-FICCI, the growth of India’s drone sector is predicted to value this sector at $23 billion by 2030.
Conclusion
BonV Aero is a deep-tech drone startup that received Rs 14 crore funding from a US reality TV show after winning against ten countries. The startup offers easy-to-use technology for military and general purposes and specializes in providing advanced drone solutions for logistics. It intends to use this funding to scale its operations and accelerate its research and development in the deep-tech drone ecosystem.
The company started with seven members three years ago and has now grown to over 40 members who operate a manufacturing unit in Bhubaneswar. This deep tech startup specializes in providing advanced logistic drone solutions with technology to dynamically adjust paths in real-time during traffic, bad weather conditions, and other terrain considerations. The company manufactures affordable and fast battery-swappable drone systems with sustainable operations that can efficiently work under challenging weather.
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