BENGALURU -- Indian drone maker Raphe mPhibr said Thursday that it had secured $100 million from global investors to expand manufacturing, marking the largest venture funding round for a defense startup in the country.
Aerospace & Defense Industries
Drone maker Raphe raises $100m in India's largest defense startup deal
New Delhi's use of UAVs against Pakistan has boosted interest in sector
Indian drone maker Raphe mPhibr makes drones that can be used for surveillance or logistics, with Indian military and paramilitary forces as customers. (Photo by Raphe mPhibr)
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