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Infosys invests in Indian startup UAV solutions firm - ideaForge

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Capital Market
Last Updated : Dec 15 2016 | 12:03 AM IST

From its Innovative Fund

Infosys announced that it has made an investment from its Innovation Fund in ideaForge, an Indian startup focused on Unmanned Aerial Vehicle (UAV) solutions.

ideaForge has built a world-class UAV solution featuring fully autonomous operation, cutting edge failsafe technology, high endurance, image intelligence with live feed, and support for complex payloads such as thermal and high-resolution imagery. ideaForge's UAVs have been widely deployed by the Indian Armed Forces for surveillance, crowd monitoring and rescue operations, and offer a compelling solution for commercial applications in verticals such as energy, utilities, telecom and agriculture.

The investment is subject to receipt of regulatory approvals and customary closing conditions

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First Published: Dec 14 2016 | 8:17 PM IST

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