Friday, May 16, 2025 | 01:56 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Drone tech start-up AUS signs Rs 3.75 cr lease financing deal with Grip

Grip and AUS have entered a deal that allows retail investors to invest in India's growing drone market

Drones
Premium

Deepsekhar Choudhury Bengaluru
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.

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 so far has mapped more than 5 million acres, 15000 villages and 35

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in