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DroneAcharya Aerial Innovations to acquire 51% stake in PYI Technologies

03 Jan 2024 Evaluate

DroneAcharya Aerial Innovations has entered into Share Purchase Agreement dated January 02, 2024 to acquire 51% stake in PYI Technologies. This strategic acquisition is a pivotal move in DroneAcharya's expansion plan aimed at broadening its service spectrum and enhancing its value-added offerings within the drone industry. The Acquisition process shall be completed on or before January 31, 2024. 

DroneAcharya Aerial Innovations provides high-end ecosystem of Drone solutions for multi-sensor Drone surveys, data processing of Drone data using robust high configuration workstations, Drone pilot training & specialized GIS training. The company’s offerings can be classified into four broad categories namely, Training, Services, Surveillance and others.


Peers
Company Name CMP
SIS 418.30
Quess Corp 341.10
TeamLease Services 1172.95
Bluspring Enterprise 144.95
BLS Internatl. Serv. 224.25
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