Aereo, a startup delivering drone-based business intelligence solutions, has raised $15 million in a Series B funding.
- Funding Details: The round was led by 360 ONE Asset with support from StartupXseed Ventures and Navam Capital, marking a 400% revenue growth over the past two years.
- Innovative Solutions: The company uses proprietary drones and an AI-powered data analytics platform to serve industries like mining, infrastructure, and land records.
- CEO’s Vision: Co-founder and CEO Vipul Singh aims to transform the $10 billion capital asset management industry and expand globally with this new funding.
- Industry Recognition: Aereo is recognized by the AIIB as a top infra-tech organization and is a technology partner for Coal India Limited and Tata Steel.
Aereo’s new funding will support their next growth phase, enhancing their market presence and expanding their global footprint in the commercial drone industry.