DroneAcharya Aerial Innovations partners with Switzerland’s Wollstone Capital to establish 30 drone pilot training centers in India, fostering growth in the drone sector and offering startups a skilled talent pool and elevated industry standards.
India’s burgeoning drone industry has taken another giant leap forward. DroneAcharya Aerial Innovations, a pioneering drone startup, has announced a landmark partnership with Wollstone Capital SA, a prominent Swiss investment firm. This collaboration will lead to the establishment of 30 state-of-the-art remote pilot training organizations (RPTOs) spread across the country.
As per the official exchange statement, the alliance between DroneAcharya and Wollstone Capital is valued at a robust $2.7 Mn (approximately INR 23 Cr). Beyond the obvious financial significance, this partnership underscores the growing global interest in India’s drone sector and the immense potential it holds.
For startups in the drone arena, this development can be perceived as a testament to the evolving landscape of the industry in India. As drone technology becomes increasingly integrated into various sectors – from agriculture and real estate to surveillance and deliveries – the demand for skilled drone pilots and reliable drone services is on the rise. The establishment of these RPTOs can help startups by:
1. Talent Pool Expansion: With the launch of these RPTOs, there will be an increased pool of trained and certified drone pilots. Startups can leverage this skilled workforce for their operations, reducing the time and resources required for in-house training.
2. Raising Standards: These training academies can help set a benchmark for drone piloting standards in the country. Startups can ensure their services are aligned with top-notch industry practices, thereby gaining a competitive edge.
3. Boosting Credibility: With a certification from reputed organizations, startups can enhance their credibility in the eyes of potential clients and investors, paving the way for enhanced growth opportunities.
In the wake of this announcement, it’s essential to note DroneAcharya’s commendable achievements. The company proudly states that since its inception, they have trained 500 DGCA-certified drone pilots. With this new venture, they are not just stopping at 30 academies; they aim to launch over 100 in the foreseeable future.
Moreover, DroneAcharya’s expertise isn’t limited to just training. They provide comprehensive drone-based solutions across various sectors, such as oil, gas, mining, and more. Their services encompass a wide range, from drone piloting to drone construction.
In conclusion, as DroneAcharya and Wollstone Capital SA embark on this ambitious journey, it paints a promising picture for India’s drone industry and the startups thriving within it. The sky is not the limit; it’s just the beginning.
