Business Standard

IT major Infosys invests in drone maker IdeaForge

IdeaForge's unmanned aerial vehicle (UAV) have been widely deployed by the Indian Armed Forces for surveillance, crowd monitoring and rescue operations

Drone

Drone

BS B2B Bureau Mumbai
Infosys has made an investment from its Innovation Fund in the Navi Mumbai-based IdeaForge, an Indian start-up 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.

“IdeaForge’s high performance UAVs, which have been designed and built in India, have significant potential in industrial use cases. We are looking forward to working with IdeaForge and bringing their technology, expertise, and solutions to our clients to unlock new business insights from operational data that has previously been difficult to obtain,” said Ritika Suri, executive vice president & global head of corporate development & ventures at Infosys.
 
Ankit Mehta, Co-founder and Chief Executive Officer at IdeaForge, added, “We are very excited to have Infosys as an investor and a partner for exploring UAV services and solutions for global customers. This partnership will play an important role in our industrial expansion to address a wide variety of data acquisition and analysis needs.”

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Dec 15 2016 | 4:59 PM IST

Explore News