ideaForge's largest single investor, former Blackstone dealmaker Mathew Cyriac-led Florintree Advisors, has invested ₹20 crore in another drone startup BotLab after it got 570% return on ideaForge investment. Florintree, which has an 11% stake in ideaForge, bought a 15% stake in BotLab, valuing it at about ₹120 crore. "We'd evaluated at least 15 drone makers...before this investment," Cyriac said.