Dare Ventures, the venture capital arm of Coromandel International Limited has announced its third investment this year into a differentiated drone startup, Dhaksha Unmanned Systems Private Limited. The company plans to use this funding for talent acquisition and production scale up.
Dhaksha, one of the forerunners in the drone space in India, provides a complete range of Unmanned Aerial Systems (UAS) technology solutions for different applications covering agriculture, defence, surveillance and delivery, among others. Based out of Chennai, the company has over the years developed expertise in drone R&D, testing, manufacturing, and customer support. In addition to having developed capability to manufacture battery operated drones, Dhaksha is the only in India to manufacture petrol engine based drones.
The “Agrigator” drone developed by Dhaksha targeting the agriculture industry, helps farmers with the application of fertilizers and crop protection products. Agrigator comes with a 12L spray tank and can cover up to 30-35 acres per day with 8-hour usage. The company’s petrol engine based defence drone “SwarmGator” is a winner of the prestigious “Mehar Baba Swarm Drone Competition” for drone architecture, organised by the Indian Air Force. In partnership with the prestigious Anna University, Dhaksha won this competing against 154 companies. In addition, the company has also developed targeted drones with specific use-case solutions across surveillance, goods delivery and mining.