Startup BonV Aero drives drone innovation with support from STPI
Meet the Drapers, hosted by veteran investor Tim Draper, who has invested in the likes of Baidu, Tesla, SpaceX and Skype.
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The company has supplied 20 drones to the Indian army, and grew 300% in 2023-24, its cofounder and CEO Satyabrata Satapathy told ET.
It has further raised funding from Inflection Point Ventures, Beyond ventures, and others. This month, Draper himself flew down to Bhubaneswar to launch BonV Aero’s new autonomous logistics drone platform Air Orca.
The startup owes its success partly to the government-run IT promotion agency Software Technology Parks of India (STPI). It was incubated under STPI’s startup acceleration programme Leap Ahead.
“STPI’s mentoring and grooming, by real industry veterans, helped us pitch effectively on Meet the Drapers,” Satapathy said.
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