New Delhi, September 17, 2025

Colab Platforms Limited ("Colab" or the "Company"), a diversified BSE-listed technology platform, today announced its strategic foray into the fast-growing drone technology sector through a non-binding Memorandum of Understanding (MoU) with RRP Drones Innovation Private Limited, RRP Group Company ("RRP Drones").

The proposed partnership aims to establish a Special Purpose Vehicle (SPV) for the development, manufacturing, and deployment of AI-powered autonomous drones with applications spanning Border Security surveillance, Industrial sites, Law Enforcement, Agriculture & Environment Protection.

AI-Powered Drones

This marks Colab's entry into an entirely new technology vertical that aligns with its strategy of building future-ready platforms in sunrise industries. By joining hands with RRP Drones, Colab is expanding from digital, sports, fintech and esports platforms into aerospace & drone technology, a sector projected to scale rapidly in India and globally.

Drone Market Growth

Market Potential

  • Global commercial drone market to reach $55-90B by 2030 (CAGR 7.7-14.3%)
  • Indian drone sector to touch ₹1.95 lakh crore (~$23B) by 2030
  • Government PLI scheme: ₹120 crore for drones
Government Support for Drones

Government Support

  • Kisan Drone subsidy program
  • Focus on defense and national security
  • Strong foundation for industrial adoption

Key Application Areas

Border Security

Advanced surveillance and monitoring of national borders

Agriculture

Precision farming and crop monitoring solutions

Industrial

Efficient inspection of industrial infrastructure

Leadership Perspectives

"This partnership represents Colab's entry into a strategic new frontier in drone technology and AI."

Mr. Puneet Singh
Managing Director, Colab Platforms

"This collaboration will accelerate our manufacturing and deployment capabilities across key sectors."

Anay Rajendra Chodankar
Director, RRP Drones Innovation

About Colab Platforms

Colab Platforms Limited is a diversified technology, sports and digital ventures company focused on building integrated ecosystems spanning esports, physical sports infrastructure, Sporting events, influencer collaborations, and digital content delivery. With a vision to strengthen India's sports and youth economy, Colab is creating sustainable value across multiple verticals.

Website: www.colabplatforms.com

Colab Platforms

Contact Information

Registered Office Address:
Innov8 CP2 44, Backary Portion,
Regal Building, New Delhi - 110001

Tel: 8828865429

Email: cs@colabplatforms.com

CIN: L65993DL1989PLC038194