Drone technology startup IG Drones has raised $1 million in a funding round led by India Accelerator, with participation from other angel investors.

The company stated it will use the funds to focus on research and development, particularly in creating drone solutions for defense purposes. The startup is supported by the Ministry of Electronics and Information Technology.

IG Drones plans to raise an additional $3 million in the next six months to further expand its operations both in India and globally. "We will be focusing more on drone innovation, R&D, and global expansion.

We are poised for exponential growth this year, cementing our position as leaders in drone tech and AI. This first round of funding will provide the much-needed boost to our brand's growth," said Bodhisattva Sanghapriya, Founder and CEO of IG Drones.

Founded by Sanghapriya and Om Prakash, IG Drones offers services such as surveying, mapping, and inspection. The company has partnered with the Indian Army, multiple state governments, and over 100 large enterprises.