Skylark Drones
Skylark Drones offers end-to-end B2B SaaS solutions for drone data processing and analytics, fleet management, and Airspace Compliance needs of public and private enterprises.
Catering to a premium B2B and B2G clientele for their projects across mining, infrastructure, agriculture, oil & gas, solar, etc., Skylark Drones is among the leading drone SaaS providers in the world.
Their core offering, Spectra, is a cross-industry product suite that uses drone data to accelerate asset profitability by helping Enterprises plan better, construct faster and sustain longer.
Founders
TR Mughilan
Co Founder, CEO
M.S. Aerospace Engg – Purdue University
Key Highlights
Revenue FY24 YTD
INR 6 Cr
LTV - Existing Clients
INR 20 Cr
Order Pipeline
INR 25 Cr
Presence
12+ Countries
Repeat Revenue
74%
Global Rank
4th
Key Investors
Key Clientele
Deal Details
Current Deal Round
Pre Series A
Instrument
CCD
Round Size
INR 7.5 Cr (oversubscribed)
Soonicorn Platform Fee
Admin Fee: 2% of investment amount
Carry: 10%
Valuation
Floor: INR 52 Cr
20% Discount
Minimum Ticket Size per Investor
INR 2,00,000
*AIF Condition : Consolidated commitment for AIF should be more than INR 25 Lacs to qualify as a valid entry to the cap table
Deal Runner
Prateek Pranjal
Devanshi Pahuja
Documents
Pitch Call Recording
Deep Dive Call Recording
Media
Skylark Drones raises $3 million led by InfoEdge Ventures, IAN Fund
Skylark Drones, a B2B drone SaaS solution, has raised $3 million from InfoEdge Ventures and IAN Fund with participation from AdvantEdge Founders, Fowler Westrup, Redstart Labs, IKP and Vimson group.
Skylark Drones becomes India’s first digital sky compliant solutions provider
Skylark Drones has announced the launch of “Patang”, India’s first drone compliant with the NP-NT (No permission – No take-off) protocol as outlined by DGCA under the Digital Sky regulatory framework for drones.
