JSA advised Lok Capital in its investment in Marut Drones.
Marun Drones, an Hyderabad-based company plans to deploy these funds to accelerate several strategic initiatives, such as developing cutting-edge agricultural drones tailored to specific customer needs.
Marut Drones will also expand its network of channel partners and service centers in Tier II and III cities, aiming to strengthen its regional presence. Additionally, it plans to establish agriculture-focused drone service hubs, enabling a Drone-as-a-Service (DaaS) model that leverages partnerships to provide efficient, tech-driven solutions for the agricultural sector.
Our transaction team comprises Lead Partner – Siddharth Mody, Principal Associate – Prerana Chaudhari, Senior Associate – Alister Sequeira, and Associate – Ayush Chaturvedi.