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Indian drone startup Raphe mPhibr raises $100M as military UAV demand soars
Indian drone startup Raphe mPhibr has raised $100 million in an all-equity Series B round led by General Catalyst, as the startup aims to boost its
The recent India-Pakistan war is a prime example, with both militaries deploying drones at scale despite having advanced fighter jets and missile systems. Then, they began building multicopters to meet the needs of the Indian troops, gradually expanding to fixed-wing and vertical takeoff and landing (VTOL) aircraft. In the past 12 months, Raphe mPhibr has sold over 300 drones and has experienced up to 4x revenue growth over the last four years, Vivek said, without disclosing specific numbers.
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