Business Standard

MapmyIndia invests in drone firm Indrones to expand customer offering

Geospatial software company buys 20% stake in start-up that has developed technologies for data collection

Stock Market Investment

BS Reporter New Delhi
Geospatial software company MapmyIndia has bought a 20 per cent stake in drone start-up Indrones Solutions for Rs 7 crore, saying the investment will be used to offer high-definition 3D maps.

Indrones manufactures drones for a variety of uses and provides drone-based solutions for governments, cities, construction, oil and gas, and agriculture. The start-up, which is based in Navi Mumbai, has developed technologies for efficient and cost-effective data collection, processing and analytics.

Delhi-based MapmyIndia said its investment will help Indrones in offering “industry-leading” drones and solutions. “We are excited to work with Indrones strategically to further augment our solutions and

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First Published: Feb 13 2023 | 6:16 PM IST

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