Vayudh, the defence vertical of BotLab Dynamics Private Limited, a start-up from IIT Delhi, builds indigenous drone platforms for real-time battlefield intelligence, surveillance, and reconnaissance. Founded by Tanmay Bunkar, Anuj Barnwal and Sarita Ahlawat in 2016,
FinTech BizNews Service
Mumbai, April 22, 2025: Vayudh, India’s leading home-grown defence technology company, today announced it has raised $10 million in a funding round led by Dharana Capital. The round also saw participation from Deepinder Goyal, Founder & CEO of Zomato (now Eternal Ltd). Other investors in this round include Ajay Aggarwal - MD of Action TESA, Sumit Jalan, LetsVenture, and Navam Capital. Vayudh had earlier raised funds from Florintree Advisors.
Vayudh, the defence vertical of BotLab Dynamics Private Limited, a start-up from IIT Delhi, builds indigenous drone platforms for real-time battlefield intelligence, surveillance, and reconnaissance.
Founded by Tanmay Bunkar, Anuj Barnwal and Sarita Ahlawat in 2016, Vayudh has developed expertise in swarm drone technology with over 300,000 autonomous flying hours in defence and other commercial applications like drone shows and industrial surveying. In 2023, the Company was awarded the iDEX Grant to develop India’s smallest surveillance drone. The company recently launched Atri, India’s first nano drone tailored for precision surveillance and reconnaissance operations.
The new funds will help the company deepen its R&D capabilities, expand manufacturing infrastructure, and accelerate deployments with India’s Defence forces.
Commenting on the announcement, Tanmay Bunkar, CEO, Vayudh said, “This funding marks a pivotal step in our journey to develop indigenous, cutting-edge defence drone technology of global standards. We remain focused on deepening our R&D pipeline and scaling manufacturing to meet growing demand from India’s defence sector.”
Vamsi Duvvuri, Founder & Managing Partner, Dharana Capital said, "India’s rising defence spend and push for indigenization have opened a rare window to build world-class defence tech locally. The Vayudh team brings exceptional technical depth in drone technology - their swarming tech is field-tested, mission-ready, and built in India. We are excited to be part of their growth journey."
Mathew Cyriac, Founder of Florintree Advisors said, “It has been a privilege to witness Vayudh’s journey up close. What excites us is the team’s deep technical rigour and relentless drive to address India’s defence needs through home-grown intellectual property.”
