🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
DroneAcharya shares rally 7% intraday after startup secures contract from Indian Army
Inc42
·
1y ago
Medial
Shares of Pune-based drone startup DroneAcharya Aerial Innovations surged by 7% during intraday trading after securing a contract from the Indian Army. The contract involves providing capacity building and advanced drone training to senior officers at the Mechanised Army Courses Group, Ahmednagar. The training program will cover drone piloting as well as the use of drones in disaster management. This contract marks a milestone for DroneAcharya and highlights the increasing adoption of drone technology in the defense sector.
View Source
Related News
DroneAcharya Bags Order From Adani Group To Provide Drone Pilot Training
Inc42
·
1y ago
Medial
DroneAcharya, a listed drone startup, has been awarded a significant service order by the Adani Group for Directorate General of Civil Aviation (DGCA) certified drone pilot training. The contract signals the increased use of drones for mapping, monitoring, and inspection purposes within Adani Group's operations. Earlier this year, DroneAcharya secured a contract from the Indian Army for advanced drone training and partnered with Vimaan Aerospace for drone-related training and services. The startup reported significant growth, with a profit after tax of INR 3.97 Cr in the first half of FY24, compared to INR 13.09 Lakh in the previous year.
View Source
DroneAcharya Gets DGCA Nod To Open 5th Remote Pilot Training Centre in Karnataka
Inc42
·
1y ago
Medial
DroneAcharya will establish a training center in Dharwad to provide drone training to 240 officials from the Karnataka forest department. This comes after the startup received an order worth INR 96 Lakh to train the officials. DroneAcharya has also secured contracts with the Adani Group and the Indian Army.
View Source
DroneAcharya Inks Pact With Vimaan Aerospace To Offer Drone Training, Services
Inc42
·
1y ago
Medial
DroneAcharya Aerial Innovations, a drone startup based in Pune, has partnered with Vimaan Aerospace to offer drones and drone-related services. The collaboration will focus on applications in agriculture, survey and surveillance, solar panel cleaning, windmill maintenance, and more. The partnership will begin with projects in Satara, Maharashtra, and expand nationwide. DroneAcharya recently secured a contract with the Indian Army for advanced drone training, and also received a contract from Tata Consultancy Services (TCS) for 5G-enabled drones. According to a report, the Indian drone sector is projected to reach a market size of over $13 billion by 2030.
View Source
DroneAcharya shares climb to 12.88% amid expansion plans
Inshorts
·
7m ago
Medial
Shares of DroneAcharya Aerial Innovations rallied as much as 12.88% to touch an intraday high of ₹131.00 on the BSE on December 16 after the company announced its strategic expansion into the Middle East through a new subsidiary in Abu Dhabi. The expansion comes as DroneAcharya reported H1FY25 PAT of ₹1.50 crore, down 62.1% YoY, despite revenue growing 28.8% to ₹26.90 crore.
View Source
Veteran Investor Shankar Sharma Offloads 2 Lakh Shares Of DroneAcharya In A Bulk Deal
Inc42
·
1y ago
Medial
Shankar Sharma, a pre-IPO investor in drone startup DroneAcharya, sold 2 lakh shares worth around INR 3.1 crore on the BSE. Sharma's stake in the company had previously stood at 1.91% but his name no longer appears on the shareholders list for the quarter ending March 2024. Following the stake sale, DroneAcharya's shares dropped 4.4% on the BSE, but made a recovery on Friday to close 3% higher. The startup recently secured contracts from the Indian Army and Adani Group, and also received a work order worth INR 53 lakh from Alter Dynamics & Artificial Intelligence.
View Source
New-Age Tech Stocks’ Winning Streak Ends; Yudiz Biggest Loser This Week
Inc42
·
1y ago
Medial
Indian new-age tech stocks experienced a mixed performance this week, with some stocks declining while others registered gains. Among the losers were Yudiz, PB Fintech, Nazara Technologies, Delhivery, Paytm, and RateGain. On the other hand, DroneAcharya emerged as the biggest gainer, followed by Nykaa, Zomato, ideaForge, and EaseMyTrip. The broader market saw a positive trend, with benchmark index Nifty 50 gaining 1.88% and Sensex rallying 1.86%. Paytm shares fell 2.3%, while Zomato continued its rally, touching another 52-week high. DroneAcharya gained 14.5% after launching the BHUJANG drone.
View Source
DroneAcharya shares jump 3.2% after securing contract from TCS & BofA’s bulk deal
Inc42
·
1y ago
Medial
Shares of DroneAcharya rose 3.2% to INR 195 on the BSE after securing a contract worth INR 15.8 lakh from Tata Consultancy Services (TCS). BofA Securities Europe SA also recently purchased 1.67 lakh shares in a bulk deal worth over INR 3 crore. The agreement with TCS involves the supply of a 5G-enabled drone with a visual camera and ground control station for remote access and live data relay. DroneAcharya offers drone-based solutions across various sectors and has recently signed an agreement to acquire a 51% stake in PYI Technologies.
View Source
Bloodbath In New-Age Tech Stocks As Broader Market Slumps; IndiaMART The Only Gainer This Week
Inc42
·
1y ago
Medial
Indian new-age tech stocks faced a major correction this week, with 18 out of 19 stocks experiencing declines. Yudiz Solutions was the biggest loser, falling 32.8%, followed by Fino Payments Bank and DroneAcharya Aerial Innovations. Paytm's shares continued to be volatile as it faced selling pressure due to developments following the Reserve Bank of India's crackdown on Paytm Payments Bank. Nazara Technologies announced plans to allocate $100 million for mergers and acquisitions, while DroneAcharya secured contracts with the Adani Group, Earthtree Enviro Pvt. Ltd., and the Indian Army.
View Source
EaseMyTrip To Consider Bonus Issue Amid Slump In Share Price
Inc42
·
10m ago
Medial
- EaseMyTrip's board of directors to meet on Monday to discuss and approve the issuance of bonus shares. - This will be the third time the travel tech startup is issuing bonus shares, after having done so twice in 2022. - EaseMyTrip's share prices recently reached a 52-week low of INR 31.10 during intraday trading on October 7.
View Source
DroneAcharya Shares Rally 5% After Startup Bags New Contracts
Inc42
·
1y ago
Medial
DroneAcharya Aerial Innovations, a drone startup based in Pune, saw a 5% increase in its shares on the BSE SME platform after securing new contracts from the Indian defense forces. The startup received an order from the Ministry of Defence to supply IT hardware for a drone lab in Jammu and Kashmir, as well as contracts to provide drone hardware to the Northern Command and its precision mapping system to Earthtree Enviro. Founded in 2017, DroneAcharya offers drone-based enterprise solutions and has recently received accreditation from the Directorate General of Civil Aviation.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in
