AlgoFET Raises ₹15 Crore To Build India’s Drone Infrastructure
AlgoFET has raised ₹15 crore in a pre-Series A round from Piper Serica to expand its autonomous drone infrastructure business, including manufacturing, product development and deployment across defense, enterprise and international markets.
Founded in December 2023 by Ankit Mishra, an IIT Guwahati alumnus, AlgoFET is building systems for autonomous docking, battery management, charging, embedded electronics and cloud-based fleet monitoring.
The Bottleneck Is Shifting From Flight To Operations
Much of the drone industry’s technology development has focused on the aircraft itself. But scaling drone operations introduces a different set of problems.
If a drone has to return to a base after every mission, connect to a charger, have its battery managed and then be prepared for another flight, human intervention can become part of the operating model.
That becomes more significant when organizations want to operate larger fleets or run missions repeatedly. AlgoFET is attempting to address this through ground infrastructure...
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