India, April 22 -- Defence-focussed dronetech startup Vayudh has raised $10 Mn (around INR 83.5 Cr) in an undisclosed funding round led by Dharana Capital.

The round also saw participation from Zomato founder Deepinder Goyal, LetsVenture and Navam Capital, among others.

Founded in 2016 by Tanmay Bunkar, Anuj Barnwal, and Sarita Ahlawat, Vayudh is a subsidiary of BotLab Dynamics. The startup develops indigenous drone platforms for battlefield intelligence, surveillance and reconnaissance operations.

"This funding will help us develop indigenous defence drone technology. We will focus on deepening our R&D pipeline and scaling manufacturing to meet demand from India's defence sector," said Bunkar.

Vayudh claims to have developed expertis...