Pre-IPO · Robotics
Garuda Aerospace raises about USD10 million in pre-IPO financing
The Motherson family office and Aditum co-led the round at a reported USD320 million pre-money valuation.
Garuda Aerospace raised around USD10 million in pre-IPO financing co-led by the Motherson Family Office and Aditum Investment Management, The Economic Times reported on October 7, citing people aware of the transaction. The round valued the Chennai drone company at USD320 million before the investment.
The report said Garuda was targeting an initial public offering in the first quarter of 2027. The company designs and manufactures drones for agricultural, industrial and defence applications, alongside drone services and remote-pilot training.
Funding history
Pre-IPO · This round~$10M