TechEagle, a drone delivery startup, raised $ 500,000 in its seed round led by India Accelerator. The Vinners Group, Sitics Logistics and other marquee angel investors also took part in the round.
According to the Gurugram-based startup, the funds will be used to launch new products, ramp up operations in India and recruit new talent in all functions.
Under the leadership of Vikram Singh Meena, TechEagle offers end-to-end technology solutions that enable a drone logistics airline for last and middle mile delivery.
Read more Drone delivery startup TechEagle brings up seed round at Trickypedia.