Defence tech startup Vayudh raises $10 million in round led by Vy Capital’s offshoot Dharana Capital

The round also saw participation from Zomato founder and chief executive Deepinder Goyal, along with other investors. Vayudh had earlier raised funds from Florintree Advisors.

The funds will be used for strengthening R&D capabilities, scaling up manufacturing infrastructure, and accelerating deployments with India’s defence forces.

“This funding marks a pivotal step in our journey to develop indigenous, cutting-edge…