Company Name : AUS
Funding Amount : Undisclosed
Investor(s) StartupXseed,3One4 Capital, The Phoenix Fund
Funding Round : Not Disclosed
IIT Kanpur based unmanned aerial vehicles (UAVs) startup, Aarav Unmanned Systems (AUS) has raised an undisclosed amount in a fresh round of funding.
The startup was founded in 2013 by Nikhil Upadhye, Suhas Banshiwala, Vipul Singh and Yeshwanth Reddy, alumni of IIT Kanpur, IIT Bombay and Amity University, Noida.
Nikhil Upadhye, CEO, said, “The capital rose from StartupXseed Ventures, 3ONE4 Capital (A family fund of Mr. Mohandas Pai), The Phoenix Fund and HNIs including, Mr Ashok Atluri and Mr. Sanjay Jesrani, will be used for new product development and team expansion.”
AUS boasts of offering a faster, cost-effective and enriched UAV-based land surveying solutions for the civil engineering, infrastructure and utility industries, Precision agriculture solutions to optimize irrigation, fertilization, pesticide distribution and early failure warnings, Thermographic data to detect hot spots and inefficiencies in power transmission lines, solar power plants and critical industries.