Coverage on May 29 centred on this account: Drone avionics firm ZeroDrag closed a Rs 6.5 crore seed round as defence-adjacent deep technology deals dominated Indian startup funding activity in May 2026.
ZeroDrag, founded in 2022 in Nagpur, builds autopilots and motor controllers for drone OEMs. Transition VC led the Rs 6.5 crore seed round disclosed in May 2026.
Official and media accounts indicate defence-adjacent deep technology deals dominated Indian startup funding activity in May 2026.
Institutions and individuals identified in source material include Drone, Indian. Quantitative references in the underlying brief include Rs 6.5 crore, 2026. Financial news services grouped the update with earnings, deals, and market moves on May 29.
NATO invoked collective-defence consultations after strikes near alliance territory.
Analyst notes published May 29 tied the item to broader capital-market trends. Figures repeated here match those in the initial summary only.
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Sources:
https://startuptalky.com/news/daily-india-startup-funding-business-roundup-may-28-2026-c2i-semiconductors-extends-series-a-to-16-7-mn-supreme-court-upholds-28-gst-on-gaming/