Infosys (NYSE: INFY), a global leader
in consulting, technology, outsourcing and next-generation services, recently announced
that it has made an investment from its Innovation Fund in ideaForge, an Indian
startup focused on Unmanned Aerial Vehicle (UAV) solutions.
in consulting, technology, outsourcing and next-generation services, recently announced
that it has made an investment from its Innovation Fund in ideaForge, an Indian
startup focused on Unmanned Aerial Vehicle (UAV) solutions.
ideaForge has built a world-class UAV
solution featuring fully autonomous operation, cutting edge fail-safe
technology, high endurance, image intelligence with live feed, and support for
complex payloads such as thermal and high-resolution imagery. ideaForge’s UAVs
have been widely deployed by the Indian Armed Forces for surveillance, crowd
monitoring and rescue operations, and offer a compelling solution for
commercial applications in verticals such as energy, utilities, telecom and
agriculture.
solution featuring fully autonomous operation, cutting edge fail-safe
technology, high endurance, image intelligence with live feed, and support for
complex payloads such as thermal and high-resolution imagery. ideaForge’s UAVs
have been widely deployed by the Indian Armed Forces for surveillance, crowd
monitoring and rescue operations, and offer a compelling solution for
commercial applications in verticals such as energy, utilities, telecom and
agriculture.
“ideaForge’s high performance
UAVs, which have been designed and built in India, have significant potential
in industrial use cases. We are looking forward to working with ideaForge and
bringing their technology, expertise, and solutions to our clients to unlock
new business insights from operational data that has previously been difficult
to obtain,” said Ritika Suri, Executive Vice President & Global Head
of Corporate Development & Ventures at Infosys.
UAVs, which have been designed and built in India, have significant potential
in industrial use cases. We are looking forward to working with ideaForge and
bringing their technology, expertise, and solutions to our clients to unlock
new business insights from operational data that has previously been difficult
to obtain,” said Ritika Suri, Executive Vice President & Global Head
of Corporate Development & Ventures at Infosys.
“We are very excited to have
Infosys as an investor and a partner for exploring UAV services and solutions
for global customers. This partnership will play an important role in our
industrial expansion to address a wide variety of data acquisition and analysis
needs,” said Ankit Mehta, Co-founder and Chief Executive Officer at
ideaForge.
Infosys as an investor and a partner for exploring UAV services and solutions
for global customers. This partnership will play an important role in our
industrial expansion to address a wide variety of data acquisition and analysis
needs,” said Ankit Mehta, Co-founder and Chief Executive Officer at
ideaForge.
The investment is subject to receipt
of regulatory approvals and customary closing conditions.
of regulatory approvals and customary closing conditions.
