Infosys (NYSE: INFY), a global leader in consulting, technology, outsourcing and next-generation services, today 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.
"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.
"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.
The investment is subject to receipt of regulatory approvals and customary closing conditions.
Infosys is a global leader in technology services and consulting. We enable clients in more than 50 countries to create and execute strategies for their digital transformation. From engineering to application development, knowledge management and business process management, we help our clients find the right problems to solve, and to solve these effectively. Our team of 199,000+ innovators, across the globe, is differentiated by the imagination, knowledge and experience, across industries and technologies that we bring to every project we undertake.
www.infosys.com to see how Infosys (NYSE: INFY) can help your enterprise thrive in the digital age.
ideaForge is a technology leader in Unmanned Aerial Vehicles (UAVs), delivering reliable platforms with the highest endurance, imagery and intelligence in a portable package. It is renowned for indigenously developing best-in-class, fully autonomous UAVs for surveillance, reconnaissance and industrial applications. Being vertically integrated, the company delivers highly optimized Unmanned Solutions for large-scale problems while also ensuring the lowest total cost of ownership for its customers. ideaForge envisions a world deeply integrated with unmanned systems and is on a mission to create solutions that solve core challenges in that path.
www.ideaforge.co.in or email
firstname.lastname@example.org to know more about ideaForge’s offering.
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