Friday, May 24, 2024

Garuda Aerospace set to launch Retail Drone Showrooms

By Staff Correspondent

MS Dhoni-backed drone manufacturer, Garuda Aerospace today announced the company’s foray into offline retail with the introduction of company owned outlet stores, kickstarting with its first-ever flagship retail outlet in Chennai, Tamil Nadu.  Also supporting this launch is the introduction of Garuda Aerospace’s unique Service on Wheels offering, making way for seamless and convenient after sales service. Strengthening its position as one of India’s most valuable drone start-ups, Garuda Aerospace aims to introduce at least 400 retail outlets and mobile drone centres in 2024, thus becoming increasingly available and accessible in almost every district across India. A one-stop shop, Garuda Aerospace’s flagship stores will offer high-quality and precision-oriented drones while targeting India’s agriculture economy

Speaking on the development, Founder and CEO, Agnishwar Jayaprakash said, “Our entry into offline sales is a milestone for us at Garuda Aerospace. This investment is a significant step forward for us as a company as it takes us closer to our target buyers. Our flagship stores will help us take our consumers’ experience to a whole never, unmatchable level. As a company, we are committed to not only revolutionising the drone industry but also fostering a culture of technological exploration and innovation across India. We aim to inspire the next generation of innovators and contribute to India’s progress in technology on a global level.”

Garuda Aerospace recently raised INR 25 crore from Venture Catalysts, WeFounderCircle, and others as a part of a bridge round. The funds raised will be utilised to meet the surge in demands for drones including orders secured from Indian Farmers Fertiliser Cooperative Ltd (IFFCO)  for 400 drones and pre-bookings of 10,000 drones from dealers across the country. A part of the funds raised will also be utilised for Gaurda Aerospace’s retail expansion plans.

With an ambitious vision and an unwavering commitment to excellence, Garuda Aerospace continues to cement its position as a leading force in the ever-evolving drone industry in India.


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