Press Release / Technology / A Breaking Dawn in Tech-India: Drone Start-up Droni Tech Raises 3.5 Crores in Seed Funding Soon after India Got Its First Drone Policy

A Breaking Dawn in Tech-India: Drone Start-up Droni Tech Raises 3.5 Crores in Seed Funding Soon after India Got Its First Drone Policy

Soon after the Government of India posed its first drone policy (which will be in action from December 1), Mumbai based drone start-up Droni Tech raised $500,000 (₹ 3.5 crores) in the first round of seed funding from Eagle Group and other angel investors, as stated.

Droni Tech, a sub-brand of Drovation Software Solutions Pvt. Ltd. was founded in March 2018 with a vision to make an “Ecosystem of Drones in India”. Droni Tech offers artificial intelligence based drone hardware products to facilitate agriculture, medical emergency, food & supply and surveillance. Onkar Bhosle, one of the co-founders with Rohit Shirke, Chirag Patel and Anisha Bhosle ,said that Droni Tech’s operational focus remains on three priority markets i.e. India, the United States and Canada. “In 2019, the company looks to expand beyond these markets globally.” as stated by Onkar Bhosle.Currently, Droni Tech aims to perform its research and development in Mumbai and the USA. The future planning is to ramp up its business across the globe.

Since it is a completely AI-based program, Droni Tech aims at making the drones capable of managing all the applications on their own, even better than human. “In Phase-III of our product, we would enter the exciting phase of automated decision-making by the machine”, Mr. Bhosle stated.

The company manufactures AI-based UAVs and drone management software to support corporate. The DMS (Drone Management Software) is used for the maintenance, management and monitoring of UAVs in real time.

Onkar Bhosle also founded Customer360, a SAAS company. It was acquired by an US intelligence listed in Nasdaq. Mr. Bhosle also co-founded SAAS (Software-as-Service) company named Anveshan Technologies. Droni Tech aims to provide assist and support to the corporates in the maintenance, management and monitoring industrial drones. This is done and monitored through a single dashboard.

One of the investors, Eagle Group owns a security service agency called Eagle Security and Personal Services (ESPS). ESPS was initiated in 1980. Now the company has its national clientele comprising over 500. It offers services through 25 branches across the country.

More News on India’s First Drone Policy

Administration of India’s Ministry of Civil Aviation declared rules on Monday for remotely steered flying machine — or rambles as they are all the more generally known — which will become effective from 1 December, intending to open up a variety of chances in the Indian common flying sector.Unveiling the "Automaton Regulations 1.0" in New Delhi, Civil Aviation Minister Suresh Prabhu said that the rules would encourage cultivate innovation and advancement in the improvement of automatons — gadgets which have a broad scope of utilizations extending from catastrophe help to horticulture.

A Drone Task Force, under the chairmanship of Sinha, will give draft proposals to the following arrangement of controls — the Drone Regulations 2.0. As per the service, these up and coming controls will manage, in addition to other things, the accompanying issues:

• Certification of sheltered and controlled activity of automaton equipment and programming

• Airspace administration through robotized activities connected into generally speaking airspace administration structure

• Beyond visual-observable pathway tasks

• Contribution to setting up worldwide models.

• Suggestions for changes of existing CARs (common aeronautics necessities) and additionally new CARs.

The new directions have arranged automatons into five separate composes, based on their weight. The tenets that apply for the automatons will rely upon the weight class that they fall into, which start from under 250 grams and reach out to more than 150 kilograms. The five kinds are nano, miniaturized scale, little, medium and large.Other than nano, every single other classification of automatons should be enlisted with the legislature and issued with a Unique Identification Number (UIN). Automatons owed by focal insight organizations don’t have this necessity too, not surprisingly.Beyond these authorizations, an Unmanned Aircraft Operator Permit (UAOP) is likewise required for ramble administrators, with the exception of nano-rambles working beneath 50 feet and smaller scale rambles working underneath 200 feet.Past these, there are additionally particular districts around the nation that have been set apart as ’No Drone Zones’. A portion of these No Drone Zones that have been characterized are territories around airplane terminals, those close to the global fringe, Vijay Chowk in New Delhi, State Secretariat Complex in state capitals and what the service called "key areas/indispensable and army bases".