Coromandel International Limited, a leading provider of agricultural solutions in India, through its subsidiary Coromandel Technology Limited (CTL), has announced a significant increase in its investment in Dhaksha Unmanned Systems Private Limited, a Chennai-based drone manufacturing company. Coromandel International will invest INR 150 crores to acquire an additional 7% stake, raising its total shareholding in […]
Indian phosphatic fertilizer company Coromandel International, through its venture capital arm Dare Ventures, has made an undisclosed investment in drone startup Dhaksha Unmanned Systems. The investment, which is the third for Dare Ventures this year, will be used by Dhaksha Unmanned Systems for talent acquisition, research and development (R&D), and production scale-up. Based in Chennai, […]
