Feb. 2 at 7:13 PM
$UMAV Meanwhile, a Startup making small UAVs in India recently got INR 160 Cr (~$ 17M) funding on Shark Tank India(S5 E3). It's not an apples-to-apples comparison if you go through their porfolio, but the difference here is that they already are collaborating, in small scale, with govt bodies and other companies. It's a humongous amount of funding for a startup at this stage in India. It's needless to say that the countries are interested in this tech.
Taking a comparable scenario, if
$UMAV reaches this stage, and it's a big if, I see them being valued at $ 500M+. But, as always, it's not the idea but the execution that will make or break this company, and their investors.