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Coromandel to acquire majority stake in drone startup Dhaksha
Coromandel to acquire majority stake in drone startup Dhaksha
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Uploaded: Jun 30 2023
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Description
Agricultural solution provider Coromandel International Limited is set to acquire Dhaksha, a manufacturer of petrol engine-based drones designed for agriculture spraying applications.

Coromandel is acquiring an additional 32.68% stake in Dhaksha for a cash consideration of Rs 204 crore via its wholly-owned subsidiary: Coromandel Technology Limited (CTL), according to the filings.
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dhaksha, coromandel, startup
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Entrackr
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Views: 302
Uploaded: Jun 30 2023
Rate this photo
Rating: 0.0 ~ Votes: 0
Photos: 45
Subscribers: 1
Description
Agricultural solution provider Coromandel International Limited is set to acquire Dhaksha, a manufacturer of petrol engine-based drones designed for agriculture spraying applications.

Coromandel is acquiring an additional 32.68% stake in Dhaksha for a cash consideration of Rs 204 crore via its wholly-owned subsidiary: Coromandel Technology Limited (CTL), according to the filings.
Tags
dhaksha, coromandel, startup
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