Ideaforge

Indian drone maker ideaForge wins US school security contract

Texas district to deploy UAVs across 20–25 schools

Drone startups expect export tailwinds from India-US trade deal

Lower tariffs and deeper collaboration with US partners can help domestic UAV firms move up the value chain and compete globally, industry leaders say

Ideaforge Technology: Better execution key to unlocking stock potential

The company is focusing on achieving profitability in the near term which will depend on its ability to secure new orders

As India-Pakistan tensions flare, IdeaForge says its drones are already in action

Ankit Mehta, CEO and co-founder of IdeaForge, told Moneycontrol that the company is prepared to meet a surge in demand, if the situation escalates.

ideaForge reduces reliance on imports for drone production, boosts R&D spend

ideaForge faces challenges entering the competitive US market due to strong incumbents and entrenched platform preference, however CEO Ankit Mehta notes that geopolitical changes have made conventional platforms less accessible, prompting a search for diversified fleets

IdeaForge Technology: Improving business a sign of possible stock rerating

Strong orders in hand, technology leadership, huge opportunities, and product and market expansion augur well for the company

Live: ideaForge Tech Q3 profit at ₹14.8 cr | Stock at 52-week high l Mgmt speaks l Earnings Express

ideaForge in the December quarter reported a net profit of Rs14.8 crore, compared to a net loss of Rs 7.8 crore in the same period last year. Revenue for the quarter increased to Rs 90.9 crore from Rs 7.8 crore last year. ideaForge's IPO was one of the most successful listings of 2023, with its shares having doubled from the IPO price. The stock had ended its trading debut with gains of 92%. Catch Moneycontrol's Nickey Mirchandani, in conversation with company's management for more details

IPO fundraising dips 26% in H1 FY24, but retail investor confidence remains high, shows data

Of the 31 IPOs that hit the market in H1 FY24, as many as 21 were rolled out in August and September, according to data from PRIME Database

Investor doubles down on Indian drone startups after IdeaForge bet soars

The largest single investor in IdeaForge Technology Ltd. is doubling down on India’s drone-making sector after an early bet on the Mumbai-listed company generated a return of almost 600%.

Live: Meta launches Threads | Ideaforge to List on D-Street | Global rice prices soar | Newspresso

We bring you the latest updates from global markets, D-Street & the emerging trends. Global rice prices which are already at an 11-year high are set to rise further. Billionaire Gautam Adani-led Adani Green announced that it intends to raise funds to the tune of Rs 12,300 crore. Meanwhile on the trends sector Elon Musk threatens Mark Zuckerberg over a lawsuit, says, competition & cheating is different. Watch this edition of Newspresso with Moneycontrol’s Stacy Pereira & get the latest updates on news across the world.

Netra: Unmanned aerial vehicle located missing survivors

One of the several technology innovations that was used extensively in the rescue operations at Uttarakhan came from an IIT Mumbai incubated startup, Young Turks from 2008 - ideaForge. It was called Netra - an unmanned aerial vehicle.

ideaForge's flying machine

Founded by Ankit Mehta, Vipul Joshi, Rahul Singh and Amardeep Singh­­, ideaForge has developed a product to assist defense and security forces in their activities by sending images or a real-time video of within a radius of 2.5 kilometers