Alternative investment platform Grip and Aarav Unmanned Systems (AUS) have entered a lease financing deal worth Rs 3.75 crore that paves the way for retail investors to invest in the drone ecosystem in India.

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Through this, Grip said it is trying to unlock a new revenue stream for promising businesses in India’s drone segment by leveraging lease financing options. Under the agreement, Grip will enable AUS to build new revenue streams by leveraging lease financing for more than 50 drones.
AUS was established in 2013 and has mapped more than 5 million acres, 15000 villages and 35 cities. It has further covered more than 250 mines and 350 stockyards for mining, metal, and power companies like Tata Steel, Hindalco, Coal India, etc.