TiE50 Awards 2024 recognizes Garuda Aerospace as a Game Changer in Drone Technology

24th April, 2024; National:India’s leading drone manufacturer Garuda Aerospace, is honored to be recognized as the winner at the international TiE50 Award 2024 for its leading innovation and technology in the drone industry. This global recognition highlights Garuda Aerospace's exceptional achievements, its pioneering spirit and its commitment to developing cutting-edge drone technologies. The win positions India as a key player in the global drone industry.

The highly competitive annual award attracted participation from thousands of promising startups across the world. Garuda Aerospace emerged victorious post a rigorous selection process involving multiple rounds. Marking its 14th year, the TiE50 awards have been a hallmark of identifying and honoring the most impactful and disruptive technology-enabled startups.

Garuda Aerospace will be felicitated at the grand stage with the TiE50 winner trophy at the TiEcon 2024. TiEcon is a premier global tech conference designed for leading entrepreneurs, corporate executives, and investors.

Elated on the win, Agnishwar Jayprakash, CEO and Founder, Garuda Aerospace said, “We are honored to be recognized as a TiE50 Award Winner. This award is a validation of our team's hard work and unwavering dedication. Garuda Aerospace is proud to represent India at an international level and position India as a global drone hub. We are committed to pushing the boundaries with continuous research and innovation, thereby contributing to the advancement of drone technology worldwide.”

Backed by MS Dhoni, Garuda Aerospace is shaping the future of drone ecosystem in the country. Recently, the company secured orders of high-tech quadcopter drones from ISRO. Garuda Aerospace also dominates the drone market with 55% market share in agri drone category and 25% market share across all drones in India.

About Garuda Aerospace
Garuda Aerospace is India’s leading Drone tech start-up focused on disrupting two major multi-billion-dollar sectors, Precision Agri Tech and Industry 4.0 upgradation. Garuda Aerospace is asset-light, recession-proof, and agnostic, and focuses on eliminating labourers in the agricultural field with drones focusing on designing, building, and customization of Unmanned Aerial Vehicles (UAVs). Founded in 2015 with a team of 5, Garuda has scaled to a 200+ member team having the largest drone fleet in India with over 400 drones and 500 pilots operating in 84 cities. Garuda Aerospace manufactures 30 types of drones and offers 50 types of services. Having served over 750 clients including TATA, Godrej, Adani, Reliance, Swiggy, Flipkart, Delhivery, L&T, Survey of India, SAIL, NTPC, IOCL, Smart cities, Intel, Amazon, Wipro, IISC, MIT Boston, NHAI for various projects, the company recently partnered with global giants such as Lockheed Martin, Cognizant and Elbit Systems. Hon’ble Prime Minister Shri Narendra Modi Ji launched the drone yatra where 100 drones were flagged off simultaneously across 100 villages in India. Garuda Aerospace is the first drone company to get DGCA approvals for Type Certification and Remote Pilot Training Organisation. Garuda is on a mission to impact 1 billion lives positively using affordable precision Drone Technology. Mahendra Singh Dhoni has invested in the company and is the Brand Ambassador.