MS Dhoni Takes An Investment Shot In Drone-As-A-Service In Garuda Aerospace

Garuda Aerospace is equipped with 300 drones and 500 pilots operating in 26 cities and its drone-manufacturing facilities were recently launched by Prime Minister Narendra Modi.

Helicopter cricket shot expert and former India team captain Mahendra Singh Dhoni has now taken an investment shot in drone-as-a-service (DaaS) player Garuda Aerospace.

Dhoni plays a dual role in Garuda Aerospace -- as a shareholder and as a brand ambassador.

Further, Garuda Aerospace is the first drone start-up to rope in a celebrity brand ambassador.

Details about the investment by Dhoni in Garuda Aerospace and the brand endorsement deals have not been disclosed.

Equipped with 300 drones and 500 pilots operating in 26 cities, Garuda Aerospace drone-manufacturing facilities were recently launched by Prime Minister Narendra Modi.

Speaking to IANS, Agnishwar Jayaprakash, founder CEO of Garuda Aerospace said, "The company is in the process of raising USD 30 million and it will close this July."

"I'm happy to be a part of Garuda Aerospace and look forward to witness their growth story with the unique drone solutions they have to offer," Dhoni was quoted as saying in a statement issued by the drone company on Monday.