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Hindustan Petroleum backs Maraal Aerospace with ₹2 cr investment
short by / on Friday, 30 January, 2026
Hindustan Petroleum has invested ₹2 crore in IIT Kanpur-incubated startup Maraal Aerospace through its HP Udgam initiative, strengthening its push into deep-tech innovation. Founded by Vivek Kumar Pandey, the startup is developing solar-powered long-endurance drones for defence and civilian use. The funding will support testing, validation, and faster product development.
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