Wednesday, May 1

Tag: Ideaforge

India’s Leading IT Giant Infosys Invested in Drone Making Startup Ideaforge
FUNDING

India’s Leading IT Giant Infosys Invested in Drone Making Startup Ideaforge

Infosys, a global leader in consulting, technology, outsourcing and next-generation services, today announced that it has made an investment from its Innovation Fund in Mumbai based ideaForge, an Indian startup focused on Unmanned Aerial Vehicle (UAV) solutions. The total amount invested was 70 crores with participation from other investors as well. "We are very excited to have Infosys as an investor and a partner for exploring UAV services and solutions for global customers. This partnership will play an important role in our industrial expansion to address a wide variety of data acquisition and analysis needs," said Ankit Mehta, Co-founder and Chief Executive Officer at ideaForge. ideaForge has built a world-class UAV solution featuring fully autonomous operation, cutting edge fail...