Hyderabad-based

The round also saw continued participation from existing investors Lightspeed Ventures and Eight Roads.

With the raised funds, the platform aims to boost agricultural drone development, expand rural service networks, establish "Drone-as-a-Service" hubs, launch 17 drone academies, and enhance R&D for advanced agricultural applications.

A Hyderabad-based specialty pharmaceutical company will deploy the raised capital to accelerate the development of the product pipeline.

The Hyderabad-based dialysis chain platform will utilise the fresh capital to expand its presence in new geographies and for bolt-on acquisitions.