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IIT Kanpur-incubated drone startup EndureAir Systems raises $1.7 million

Jul 19, 2022 12:27 PM IST

The funds will be utilised to speed up expansion and scale up manufacturing and assembly units

EndureAir Systems, an IIT Kanpur-incubated unmanned aviation technology startup, said that it has raised Rs 13.5 crore or around $1.68 million in seed funding.

The round was led by Jalaj Dani, co-promoter of Asian Paints. The round also saw participation from the founders of robotics and automation company Addverb Technologies.

Commenting on the fundraising, Abhishek (who goes by only one name), founder and director, EndureAir, said, "The investment would be used to expand our product line-up to meet the demand for heavier payload capacity UAVs.”

The company was founded in 2019, by Abhishek and professor Mangal Kothari, both professors at IIT Kanpur along with their students, Rama Krishna and Chirag Jain, with focus on high-tech dynamic aerial robotic solutions backed by extensive research.