Indian drone startup Raphe mPhibr raises $100M as military UAV demand soars
Indian drone startup Raphe mPhibr has raised $100 million in an all-equity Series B round led by General Catalyst, as the startup aims to boost its R&D and local production capabilities amid growing demand for drones in battlefields and for border surveillance. Drones are becoming increasingly ubiquitous in global military operations. In recent and ongoing conflicts, countries have turned to drones for rapid infiltration and high-impact strikes. The recent India-Pakistan war is a prime example,