Drone startups: Drone technology startup UrbanMatrix Technologies, on Thursday, announced raising Rs 6 crore in Pre-Series A round led by the venture capital Inflection Point Ventures. The startup works in the development of industrial-grade drones and developing software related to cloud integration in drones. According to a company release, the company plans to utilise the funds towards product development, team expansion, and expanding into new markets. The drone technology developed by the company caters to different industries and operations such as survey, surveillance, agriculture, AI-based inspection, and defense. Found in 2019 by IIT graduates Rishabh Verma, Ashutosh Kumar, Divyanshu Pundir …
