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Venture Garage Mentored Innovator, Maxvolt Energy incubated in 2019, Secures $1.5mn Funding in Latest Private Placement Round, with an eye on an SME-IPO within FY 24-25 31st May 2024: Noida-based EV battery manufacturing startup Maxvolt Energy has successfully secured $1.5 million in a Private Placement …
VG Angels participates in INR 6cr Pre-Series A Investment Round of Centriti New Delhi, May 23, 2024 – Venture Garage’s portfolio startup Centriti, has successfully secured INR 6Cr in its Pre-Series A round of funding from EV2 Ventures, Brigade Family Office, VG-Angels, and some other …
India’s agricultural sector faces challenges of inefficient pesticide use, water wastage, and rising labor costs. Flying Wedge disrupts this landscape as India’s first DGCA-certified, indigenous agricultural drone manufacturer.
Their cutting-edge drones, precision spraying techniques, and end-to-end solutions empower farmers to optimize operations, reduce costs, and improve yields.
Agritech | Drones | Aerospace | Defense
www.fwdefence.com
Bengaluru
Early
India’s agricultural sector presents a massive opportunity for Flying Wedge, with the drone market within this sector poised for significant growth. Here’s a breakdown of the key factors driving this opportunity:
The global drone market is experiencing explosive growth, projected to reach a staggering USD 166.70 billion by 2031, with a Compound Annual Growth Rate (CAGR) of 25%. India’s drone market, particularly for agricultural applications, is estimated to be worth over USD 1 billion and is projected to grow even faster, with a CAGR exceeding 22%.
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Opportunity
Proven track record with successful exits, deep understanding of the agriculture and technology sectors.
Technical expertise and strong leadership in product development and innovation.
Brings in crucial operational experience vital for scaling the business successfully.
Sector Consumer Brand | Sports Website www.cricstudioinc.com Location Ahmedabad Stage Growth
Cloud Kitchen based premium burger chain.
We offer a concise yet highly customizable menu, allowing customers to personalize their burger orders by selecting from a variety of options, ultimately enhancing the Average Order Value. We also have built a lean and scaleable supply chain leveraging centralised processing unit.
F&B | QSR
www.burgerama.in
Gurugram
Growth
The online food delivery market in India is poised to reach USD 118 billion by 2028 from USD 28.4 billion in 2022, showcasing significant growth opportunities. Quick service restaurants – The Quick-Service Restaurant (QSR) market in India is forecasted to grow to USD 32 billion by 2028 from USD 16 billion in 2023, with burgers expected to contribute 45-50% of the market share by 2028.
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Opportunity
A graduate from Middlesex University, he brings in a rich experience from handling retail operations in Reliance Brands, Adidas and Raymond Apparel.
A seasoned marketing professional played a pivotal role in enhancing Burgerama’s brand visibility and customer engagement, attracting a loyal customer base.
A graduate of SRCC, in Financial and Investment Management. With over 6 years in finance, he has been instrument making the company profitable.
Venture Garage in their endeavor to take their profitable portfolio companies to an IPO, helps BharatRohan in securing $2 million+ in a private placement round with an eye on an SME-IPO withing FY24-25 09th May 2024: Gurugram-based agritech startup BharatRohan, specializing in drone-based hyperspectral remote …
