Infosys-backed ideaForge bags $2 Mn after clinching Indian Army drone order
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Mumbai-based ideaForge has raised about $2 Mn (INR 15 Cr) from venture debt firm Blacksoil after the drone manufacturer recently bagged a $20 Mn order from the Indian army for its ‘Switch’ UAVs (unmanned aerial vehicles). Switch is a vertical takeoff and landing (VTOL) drone with advanced capabilities of operating at high altitudes and difficult climatic conditions for day and night surveillance.