Pune, November 01, 2022: DroneAcharya Aerial Innovations Limited, a Pune-headquartered integrated drone ecosystem start-up, today announced its plans to acquire 100+ (as mentioned in the DRHP) new drones as a part of its expansion plan. Further, the company plans to train 500+ pilots and 25 instructors annually starting in 2023.
Commenting on the initiatives, Prateek Srivastava, Founder & Managing Director DroneAcharya Aerial Innovations Limited, said, “Given the recent vision shared by Hon. Prime Minister Shri Narendra Modi, to make India a global drone hub, the industry is experiencing a steady increase in demand for professionals. We at DroneAcharya have built a highly skilled and experienced team of trainers, data professionals and sector experts to offer a holistic ecosystem, ranging from learning solutions to services and manufacturing within the first five years of our inception. Being a 40+ people team, we are now embarking on a 2.0 vision of growth and value creation – with our listing plans and investment plans fortified. We are proud to be the first drone start-up in India to aim for listing and aim to take the drone ecosystem in the country to the next level in the future.”
DroneAcharya AI was the one of the first private players to receive a DGCA (Directorate General of Civil Aviation) certified RPTO (Remote Pilot Training Organization) license in 2022. Since March 2022, the company has trained more than 180 drone pilots. The company has rolled out several concise and industry-relevant Drone and GIS courses designed to upskill and empower young Indians to build a new-age career within the drone ecosystem. The company wishes to manufacture customised 100% indigenous drones and offers land and underwater surveying services, which include Powerlines & Utilities, Oil & Gas Infrastructure, Mines and Quarries, Energy & Renewables, Roads & Highways, Urban & Rural Planning, Agriculture & Irrigation, Underwater Inspection, and Underwater Bathymetry.
The company’s courses include Drone Pilot Training, GIS for Drones, Python coding, Drone Building, Aeromodelling for Kids, Drone Racing and industry-specific courses for Agriculture and Disaster Management. The company also signed an MoU (Memorandum of Understanding) with Rashtriya Raksha University, Tata Strive, Broadcast Engineering Consultants India Limited, etc. and working towards introducing a dedicated curriculum for aspiring future professionals in the rapidly evolving drone services and solutions industry. The company also plans to expand its training operations beyond Pune to Mumbai, Chandigarh, Nagpur, Dehradun, Kolkata, Bangalore, and Kolhapur.
Recently, the company filed its Draft Red Herring Prospectus (DRHP) with the BSE SME platform for its initial public offering and planned to offer 62.90 lakh Equity Shares of Rs 10/- each through the book-building route. The book-running lead manager to the issue is Corporate Capital Ventures (CCV).
