Aereo Secures $1.8 Million in Series B Round Led by JSW Ventures

Aereo Secures $1.8 Million in Series B Round Led by JSW Ventures

Aerial intelligence platformAereo has raised $1.8 million in its ongoing Series B funding round led by JSW Ventures. This follows a previous $15 million raised earlier in the same round, led by 360 ONE Asset, with support from existing investors StartupXseed Ventures and Navam Capital.

Founded in 2013 by Vipul Singh and Suhas Banshiwala, Aereo specializes in drone technology and AI-driven data analytics, providing solutions across sectors like mining, infrastructure, land records, and urban development. The Bengaluru-based company has executed significant projects, including mapping over 45,000 villages for the SVAMITVA scheme and covering 50,000 square kilometers under the Digital India Land Record Modernization Program (DILRMP).

The fresh funding will fuel Aereo’s growth into international markets and solidify its position as a leading provider of commercial drone solutions. The company, which claims to have achieved EBITDA-level profitability, focuses heavily on intellectual property, with 15 patents filed across drone hardware and predictive flight planning technologies.

Firm competes with players like Skylark Drones, IdeaForge, and Garuda Aerospace in the commercial drone sector.

visit: gamicaltech.com aereo

 

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