IMK Capital invests in AVPL at a valuation of 500 Cr

Software DevelopmentWed Apr 10 2024

Source: IMK Capital invests in AVPL at a valuation of 500 Cr

Private equity firm IMK Capital announced a strategic investment in AVPL, a fast-growing tech company, for ₹500 crore. This funding will fuel AVPL's expansion plans, bolster R&D, and enhance product offerings. AVPL, focused on vocational training and skill development, aims to empower farmers. Their initiative involves training 350,000 drone pilots through government schemes to assist farmers in over 660,000 villages.