BUSINESS

Skylark Drones Raises $3 Million Led by InfoEdge Ventures

Skylark Drones, a drone platform company, on Monday, said it had raised $3 million in a pre-series A funding round to strengthen its product offerings and fuel international expansion.

The funding round was co-led by InfoEdge Ventures and IAN Fund with participation from AdvantEdge Founders, Fowler Westrup, Redstart Labs, IKP and Vimson. This follows the company’s previous seed funding round in 2018.

Skylark Drones, which has offices in the US and India, aims to elevate worksite productivity and safety by providing geospatial intelligence to different enterprises in mining, solar power, real estate, agriculture and inspection. It provides its clients with the ability to use AI-powered technology products such as Spectra and Drone Mission Ops.

“Our vision is to unlock the economic potential of aerial intelligence. We thank the lead investors of this round and believe the participation of Fowler Westrup, a leading agriculture solutions company, and Vimson Group mining conglomerate will help further strengthen the sector focussed solutions we offer our customers,” said Mughilan Thiru Ramasamy, CEO and co-founder of Skylark Drones.

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