The funds will be utilized to speed up its expansion and scale-up manufacturing and assembly units.
EndureAir Systems, a home-grown, unmanned aviation technology start-up raises Rs 13.5 crore in seed funding. The round was led by Jalaj Dani, Co-promoter of Asian Paints. The round also saw participation from the founders of India’s leading Robotics and Automation company, Addverb Technologies.
EndureAir Systems provides UAS/RPAS solutions by performing a wide range of functions such as border surveillance, logistics and medicine delivery, aerial mapping, crowd monitoring, ISR applications, providing situational awareness, etc- making them an ideal fit for civil and military users alike. The drones produced by EndureAir can be further customized based on the end user requirement allowing for fast-paced traction and scaling-up opportunities by bringing forth innovative and futuristic designs and specifications.
“It complements our continuing commitment to robotics space which we identified as a thrust area about 5 years ago. Keeping with our honorable Prime Minister’s vision of ‘Atmanirbhar Bharat’, supporting and strengthening locally grown talent in unmanned aviation would open unparalleled opportunities for applications of drones by virtue of its economies,†said the spokesperson of Jalaj Dani Family Office.
Commenting on the fundraising, Dr. Abhishek, Founder & Director, EndureAir, said, “This investment strengthens EndureAir System’s commitment to delivering world-class, innovative, high-performance UAV solutions to Indian customers quickly. The investment would be used to expand our product line-up to meet the futuristic demand for heavier payload capacity UAVs.â€
Instituted by passion and entrepreneurial spirit prevalent in the corridors of IIT Kanpur, the Company was founded in 2019 by Prof. Abhishek and Prof. Mangal Kothari along with their students, Rama Krishna and Chirag Jain, with a focus on high-tech dynamic aerial robotic solutions backed by extensive research.
“With the Indian, as well as global market, rising at an exponential rate, the increased adoption of drones is being appreciated by all end users. This funding round will give an impetus to EndureAir’s momentum by scaling up its operations and innovating further by pushing the capabilities of the current designs,â€Â added Rama Krishna, Co-Founder & CEO, EndureAir.
