Aereo, a Bengaluru, India-based drone-based business intelligence provider, raised $15M in Series B funding.
The round was led by 360 ONE Asset, with participation from StartupXseed Ventures and Navam Capital.
The company intends to use the funds to expand operations and its development efforts.
Co-founded by Vipul Singh, CEO and Suhas Banshiwala, CTO, Aereo is a drone-based business intelligence provider, serving industries such as mining, infrastructure, urban and rural development, land records, and more. As a technology partner for Coal India Limited’s Digicoal initiative, it provides critical business intelligence for some of the world’s largest coal mines for improving productivity, efficiency, safety, and environmental compliance. Over the past three years, Aereo mapped over 45,000 villages under the SVAMITVA scheme and covered more than 50,000 sq. km of land area for the Digital India Land Record Modernization Program (DILRMP).
FinSMEs
19/07/2024