Tim Draper-backed BonV Aero eyes UK Royal Navy, DOD partnership and $100M revenue goal

Based out of the east Indian state of Odisha, BonV Aero, a deep tech company specializing in the manufacture of drones, is not a regular startup. 

BonV became the first Indian startup to win the prestigious international startup competition ‘Meet The Drapers‘, where aspiring startup founders from across the world get to pitch their ideas before renowned venture capitalist Tim Draper. The victory helped it clinch a $1.6 million grant from Draper- an exception to the rule of granting only $1 million to the winners. This investment came on top of an earlier fundraising of ₹6 crore ($693,188) from a group of investors led by IPV Ventures.